…racking up an average cumulative debt of $44,995, according to American Student Assistance. About 48 percent of doctoral students had borrowed for their undergraduate degrees, and the total average cumulative…
…of law school to the projected outcome of the student. In essence, the structure would allow students to gain forgiveness from a portion of their loans after a pre-set period…
…students’ ability to buy homes (and thus, the housing market), and increasing federal spending on student loans is driving up college tuition and also harming the economy in other ways….
…students have been “disappointingly low.” That has virtually nothing to do with equal opportunity, Gillen argues. Rather, low-income students don’t complete degrees largely because they lack the academic skills to…
…As states send more and more mediocre students to college, students learn less and less. “Our colleges and universities are full to the brim with students who do not really…
…pressure Congress into writing off all existing student loans and making future student loans interest-free–or better yet, having the federal government subsidize tuition completely at all public colleges and universities….
…public funding of universities, bonuses for “effective and efficient teachers” based on their student evaluations, “learning contracts” with students, and separation of colleges’ teaching budgets from their research budgets. The…
…graduate students in language departments and elsewhere in the humanities are going to realize that their degrees are mostly worthless, especially when financed by mountainous loans. The MLA seems to…
…student per year until we turn to the most selective institutions . . . Among these already well-endowed institutions, the taxpayer subsidy jumps substantially to more than $13,000 per student…
A few years ago, at a luncheon at Harvard University, Larry Summers noted an interesting fact. If you look at the top ten players in any industry or business 50…
…traditional-age community college students failed to earn even a single year’s worth of 30 credits. “Students need guidance—anything that you can think of that will help them plan their futures,”…
…student was at the time $4,420 per student — students launched a strike to preserve what was essentially free tuition and open admissions. The strike closed the university for nine-and-a-half…
…non-sensical question. Somehow, folks get morally indignant when in comes to student loans. Yet, there is good evidence suggesting that widely available student loans have been a force for social…
…poorer students, in the form of institutional grants. According to a 2007-2008 National Postsecondary Student Aid Study, 34 percent of students from families earning $105,000 or more received merit grants…
…of students’ Social Security numbers supplied by the colleges so that the students themselves would remain anonymous). Vedder wrote: “Students could readily compare colleges not only in terms of costs…
…students and account for about a quarter of all loans) of the larger looming problem of growing student loan default rates. Imposing regulations intended to reduce default rates on only…
…federal student loans will continue to grow. This pessimistic prognosis for student loans rests on the assumption that loans were often given to the wrong students for the wrong reasons…
…created this timeline: May 28, 2010. “Your Money” columnist Ron Lieber interviews Cortney Munna, a graduate of New York University who owes $97,000 in student loans and works for a photographer earning $22 an hour….
…to the University of Chicago that would replace student loans with grants; $10 million in 2006 to fund scholarships at the University of Pennsylvania’s law school from Robert Toll, CEO…
…budgets are paid for by student fees. In short, the torrent of third-party payments to universities, most recently indirectly in the form of massive so-called student financial aid (which ultimately…
…college students, as they look at their loans and wonder if there will be a career waiting for them on the other side.” Denise Hayes, the president of the Association…
…technology), and the average age of its students is 39. Ninety percent of them are working and pursuing their degrees part-time. With a mature, motivated population of students who have…
…home mortgages, meaningful student loan reform has failed to keep pace. The true impact and depth of the student disappointment has not yet been fully appreciated because student loans which…
…worth of student loans on a $29,000-a-year dental assistant’s starting salary have led to proposed rules from the Obama administration that would strictly limit the amounts that many students at…
…35 percent of first-year community college students who don’t return for their second year, or the 33 percent of students at four-year institutions who don’t complete a bachelor’s degree within…
…Department statistics indicate that 46 percent of outstanding loans to students enrolled at for-profits will ultimately go into default, in contrast to 16 percent of student loans overall), but there…
…significantly reduced. – Federal loans to students in non-STEM fields could be issued at higher interest rates than loans in STEM fields. – Students with demonstrated ability in STEM fields…
…If loans require good grades, good academic aptitude scores, and other clues to students’ ability to repay their loans, students would most likely choose to behave more studiously because not…
…government is poised to dump large amounts of taxpayer money into them. In 2008 Congress extended federally guaranteed loans and Pell grants for low-income students to intellectually disabled students enrolled…
News that student loan debt, at $830 billion, exceeded credit card debt for the first time has sparked renewed interest in the financing of college and its implications for students….