One Clear Way to Stop College Accreditation Fraud
…students have paid for essentially worthless college degrees with federal grants and loans. And because the accreditation system is costly – schools must devote a lot of time to preparing…
…students have paid for essentially worthless college degrees with federal grants and loans. And because the accreditation system is costly – schools must devote a lot of time to preparing…
…standards. But what if we simply said that “no federal student loans to four-year degree-granting institutions will be granted where fewer than a 25 percent of full-time students graduate within…
…Total spending per student on colleges is significantly higher in the U.S. than almost anywhere else in the world. Related: Five Reasons Why Students Loans Are a Looming Disaster Second,…
…simply postponing the day of reckoning. Student loans have the highest delinquency rates of any federal credit program, and higher than for private auto, home equity, and mortgage loans. The…
…student loans, it is a significant step in the direction of reining them in before another generation finds itself indentured to a lifetime of repaying student loans. As for what…
…that have more than 500 students and assets of more than $100,000 per students, This would apply to 140 colleges and produce $3 billion in new federal revenue over ten…
…Wayne State, over 60 percent of students who borrowed had failed to pay at least one dollar of their student loans back –three years after attending). Yet these schools sucker…
…students as customers. They will almost never throw a student out, no matter what they do. They don’t want students to feel like they’re not going to graduate. Graduation rates…
…money, tuition payments and student loans, and prevailing moral sentiments are its batteries. The outlay and opportunity cost are vast. The debasing process to get your rainbow sticker requires personnel,…
…has declined somewhat – are overwhelmingly going to be the academically marginal and disengaged students for whom college is just an expensive credential. America’s sharp students are in high demand…
…(TAP) already disburses up to $1.1 billion to over 300,000 students. And federal Pell Grant and other direct aid programs (i.e. excluding student loans) send millions of dollars more to…
…of student loans should be reformed to mitigate the student debt problem. Related: Default on Student Loans? Bad Idea Average gross tuition and fees for undergraduate studies increased more than…
…to these institutions was widely pursued by out-of-state students willing to pay premium tuition. With enrollments in excess of 25,000 and in some cases 40,000 students, these institutions dwarfed the…
…government-sponsored cartel (accreditation, professional certification requirements plus student loans), it considers itself exempt from outside pressures. The result has been the removal of civics from curricula and capture by a…
…whose graduates are often unemployed. It does so even though many of their graduates will never pay back their student loans because of their low graduating salaries, and the huge…
…1972, almost all colleges and universities had become addicted to the money flowing in from those loans. The loans officially went to the students, but the dollars went to the…
…the government actively encourages students to take on unnecessary debt. Prompt students to think carefully about their college choices by favoring loans that go towards programs that meet national needs…
…is accredited, they won’t be to use any of that federal grant and loan money to pay for it. So great numbers of students get their Pell grants, federal loans,…
…1960s student protesters is that the context has changed. Then as now, students, short on experience, are often unable to distinguish between considered political perspectives and their emotion-laden ideologies. But…
…tells the student that he or she has overdue student loans, unpaid taxes or outstanding parking tickets and threatens him or her with arrest or failure to graduate, unless they…
…such Federal PLUS loans. Nor does “typical” mean typical. $13,854 is a median figure, and only 20 percent of Haverford students receive federal loans. So it is not surprising that…
…questionable services. Without the carrot of easy access to student loans, enrollments would shrink. Universities would be forced to compete on a cost-per-student basis, and those students still paying to…
…off student loans or worried about the costs of taking them on. She says that her proposal will enable most students to meet college expenses without taking on loans, a…
…the 2000s we created a federal graduate student-loan program that allows, again, graduate students to borrow up to the cost of attendance unlimited amounts. If you continue to enroll in…
…Federal Reserve Bank of New York has found that the massive investment in grants and student loans by the federal government is a major contributor to the unbridled growth in…
…noting a few points on the purported virtues of defaulting on student loans. First, Siegel seems to give the impression he was already under a substantial debt burden “by the…
Writing in The New York Times, Lee Siegel encourages students to follow his example and default on their student loans. The four biggest problems with his piece are: Siegel is…
…1990s, fewer than half of students needed loans before they could walk across the stage to receive their diplomas. These loans averaged below $10,000 in constant dollars, which is about…
…as well as student funds like Pell grants and Stafford loans. Virtually every college in the U.S. gets federal funding from at least one of these sources—indeed, FIRE knows of…
…He then compares these measures against the actual performance of graduates from each school based on mid-career earnings levels, the value of job skills, and ability to repay student loans.”…