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Too Big to Fail: Student debt hits a trillion
Seeded on Thu Mar 22, 2012 9:55 AM EDT (CFPB Blog)
Unlike other consumer credit products, student debt keeps growing at a steady clip. Students borrowed $117 billion in just federal student loans last year. And students continue to borrow private student loans, which lack the income-based repayment and deferment options of fede …
EXCLUSIVE: Leaked Memo Reveals That House GOP Leaders "Directed" For-Profit College Lobbying Strategy To Keep Federal Money Flowing
Seeded on Wed Mar 21, 2012 7:28 PM EDT (Republic Report)
It’s fascinating to learn that not only does the House GOP membership vote with near-unanimity to shield the for-profit college industry from accountability, but that the Republican leadership is so helpful that APSCU sees GOP leaders as “directing” aspects of …
Guest Post: Jason Delisle on the Federal Student Loan Program
Seeded on Tue Mar 20, 2012 10:09 AM EDT (National Review Online)
Does the government then default on its debts? Of course not. It taps taxpayers to make up the losses and repays bondholders in full. Note that this makes taxpayers equity investors in the student loan program – it is their money that will be used to absorb 100% of any lo …
Race and Beyond: Income Differences Divide the College Campus in America
Seeded on Thu Mar 15, 2012 6:25 PM EDT (Center for American Progress)
Even as college campuses herald their efforts to lower racial barriers—especially at the most elite, predominantly white colleges—some observers note that economic disparities among college students is creating a situation where affluent students have one experience …
College Costs Are Rising Amid a Prestige Chase
Seeded on Mon Mar 12, 2012 11:23 AM EDT (The New York Times)
College instruction more closely resembles a musical performance than an auto assembly line. Although information technologies have yielded some productivity growth in academia, instruction still takes place largely as it always has.
Ignorance Is Strength
Seeded on Fri Mar 9, 2012 3:07 AM EST (The New York Times)
And if underfunding public education leaves many children of the less affluent shut out from upward mobility, well, did you really believe that stuff about creating equality of opportunity?
Student Loans Debt Worse Than Most Americans Think, Says New Report
Seeded on Thu Mar 8, 2012 3:59 PM EST (TIME)
The New York Fed’s statistics seem to give a much more accurate picture of the student loan situation in the U.S. than more conventional studies.
Grading Student Loans
Seeded on Tue Mar 6, 2012 11:10 AM EST (New York Federal Reserve)
The outstanding student loan balance now stands at about $870 billion,1 surpassing the total credit card balance ($693 billion) and the total auto loan balance ($730 billion).
State Cutbacks Curb Training in Jobs Critical to Economy
Seeded on Mon Mar 5, 2012 6:03 PM EST (The New York Times)
This squeeze is one result of the states’ 25-year withdrawal from higher education. During and immediately after the last few recessions, states slashed financing for colleges. Then when the economy recovered, most states never fully restored the money that had been cut.
Public Higher Ed Spending Has Risen Significantly
Seeded on Mon Mar 5, 2012 6:00 PM EST (Forbes)
SHEEO is not adjusting these figures by CPI.
Proposed funding formula for Nevada colleges puts focus on degrees earned
Seeded on Mon Mar 5, 2012 5:58 PM EST (The Las Vegas Sun)
The new model's shift in emphasis from enrollment to degrees completed has raised concerns among Nevada's community colleges, which serve large student populations that generally have a higher dropout rate than research universities.
Indiana's Central Role In Performance-Based College Funding | StateImpact Indiana
Seeded on Fri Mar 2, 2012 6:58 PM EST (NPR)
Still, Indiana Higher Education Commissioner Teresa Lubbers said — while speaking on a panel convened by the Lumina Foundation and NPR — schools now have more incentives to watch their performance numbers closely.
Robert Reich (Stop Starving Public Universities and Shrinking the Middle Class)
Seeded on Wed Feb 29, 2012 11:03 AM EST (Robert Reich's blog)
Last week Rick Santorum called the President “a snob” for wanting everyone to get a college education (in fact, Obama never actually called for universal college education but only for a year or more of training after high school). Santorum needn’t worry.
Student-loan debt: an interactive map
Seeded on Tue Feb 28, 2012 9:59 AM EST (Slate)
Calling student-loan debt "the next debt bomb for the U.S.
Council Sets 60% College Degree Goal For Indiana
Seeded on Wed Feb 22, 2012 11:09 AM EST (WIBC)
At the meeting, the council reviewed a new report from the Indiana Commission for Higher Education which showed the state would need to produce almost 3,800 additional college degrees every year for the next 13 years to reach that 60-percent goal.
Obama's tougher-stance question on higher education
Seeded on Tue Feb 21, 2012 11:15 AM EST (Grand Forks Herald)
"It's the notion that the ...federal government will begin to say we want to know what we're paying for and we want to make sure that people don't pay for education programs that take them nowhere, especially if the program is supposed to get them a job, we want it to get them …
How Student Loan Defaults End Up Hurting Taxpayers
Seeded on Tue Feb 21, 2012 11:05 AM EST (NPR)
The Obama administration’s latest budget proposal shows the federal government only recovers 82 percent of a student loan after it enters default.
Cost-cutting hurts UW System's quality, administrators say
Seeded on Mon Feb 13, 2012 12:17 PM EST (The Milwaukee Journal Sentinel)
Cost-cutting at Wisconsin's public universities may soon cut into the quality of education provided, university administrators warned Thursday.
Tufts President Anthony Monaco On Life, Learning And The Cost Of Higher Education
Seeded on Fri Feb 10, 2012 10:30 AM EST ()
Well higher education is very costly to run because it’s not like making a car, where you can try to be more efficient at it by an assembly-line process.
Student Loan Interest Rates: History, Subsidies, and Cost
Seeded on Thu Feb 9, 2012 12:49 PM EST (NewAmerica.net)
This issue brief details the history of federal student loan interest rates, including the decisions that led to today’s fixed rates and the pending rate increase.
Virginia governor seeks to cap use of tuition revenue for financial aid
Seeded on Tue Feb 7, 2012 10:09 AM EST (Inside Higher Ed)
But the budget would prohibit universities from increasing the amount of tuition revenue they use as aid above what they spent in the current fiscal year.
Deal creates needs-based scholarships for Georgia
Seeded on Tue Feb 7, 2012 10:07 AM EST (The Atlanta Journal-Constitution)
The REACH Scholarship program will target middle school students who have the academic skills for college but may struggle to afford it, Deal said. These students will be paired with mentors and others who can groom them for college.
Students at University of California Have Proposed a Way to Fix Tuition by Deferring Costs Until After Graduation
Seeded on Mon Feb 6, 2012 9:52 AM EST (TIME)
Under the proposal, in-state students would pay nothing upfront to attend any University of California campus. But upon gaining employment after graduation, they would be required to pay back 5% of their income for 20 years.
Reining In College Tuition
Seeded on Mon Feb 6, 2012 9:51 AM EST (The New York Times)
A smart analysis by State Higher Education Executive Officers, a nonprofit group, shows clearly what has happened in public higher education since 1985.
What Free Market in Higher Ed?
Seeded on Mon Feb 6, 2012 9:45 AM EST (The Chronicle of Higher Education)
Sounds like another in a long line of failed proposals by previous administrations to provide more consumer information to families making a high-stakes decision.
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nhillman
Member Since: 11/2007
Higher education policy and finance clippings from around the web. Updated a few times each week.
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