Time to Bust the College-Accreditation Trust!
Expecting accreditation to prevent students from wasting government grant and loan money on college programs that have minimal value was a blunder. We shouldn’t rely more on accreditation, I suggest that we no longer rely on it at all.
Rubio Misses Cutting Subsidies for Student Loans
From a policy perspective, the biggest, most billowy red flag is that Rubio does not even mention eliminating, or at least substantially reducing, federal student aid. Heck, it appears he might expand it. But federal student aid is absolutely the primary problem in higher ed!
Keeping A Bad Scorecard
Higher education, with all its rankings and competition, is kind of like a sport. Well now the federal government is going to help us keep score with the College Scorecard, which promises to give all Americans “access to reliable data on every institution of higher education.”
Higher Education Reform and the Role of Government
As a former university professor and administrator, I can tell you that universities cannot be reformed from within. This means that the only alternative to change them is to somehow incentivize reform from the outside and we’re doing this through government bodies, be they state or federal.
Forgive Us Our Debts as We Forgive Our Debtors
The findings confirm that the problems with American higher education are not mere blemishes, but deep wounds. In particular, the federal student loan program is something of a fiscal disaster, and obtaining a college education is a riskier investment than previously portrayed.
Trustees Need Training, and They Need to Take Charge of It!
The “prime directive” of public trustees is to pursue the best interests of students and of the public before everything else, including the immediate interests of the institution. Trustees should not simply be boosters who never ask any questions.
‘Who’s Picking Up The Cost Of Graduate Student Debt?’ Taxpayers (Who Else?)
The uptick in borrowers with repayment plans pegged to their incomes is one of the reasons the Congressional Budget Office in January and March estimated that student-loan debt will cost taxpayers an additional $66 billion in the period between 2015 and 2024.
Universities Weighing Impact of Football on Finances
“It is a commonly held myth that the so-called ‘revenue-generating sports’ of football and men’s basketball make a profit … Though some sports generate revenue, very few … generate profit.” In fact, of the 128 Division I football programs, only seven finish debt-free year after year.
For-profits Have the Toughest Challenge
Next time you hear how awful for-profit are, keep in mind how their student bodies stack up against the non-profit sectors: they are much more challenging to work with, consisting to far greater degrees of the marginalized people federal policy is supposed to be helping.
States to Colleges: Prove You’re Worth It
The idea of using outcomes—not enrollments—to guide public funding of higher education has so much bipartisan backing that both President Barack Obama and Florida’s Republican Gov. Rick Scott support it.