Explaining The College Affordability Crisis—By Blaming Its Victims
It is the people, living under the economic malaise known as the “New Normal,” who have been forced over roughly the last decade to learn to do more with less. Is it unreasonable, then, that the people might expect our universities to make the same sacrifices?
Rasputin Loan Program?
It has just been reported that Sen. Lamar Alexander (R-TN), chairman of the Senate education committee, will move to revive Perkins for two more years.
College enrollment rates are dropping, especially among low-income students
Enrollment was dropping at the same time as federal and private grant aid was increasing and high school graduation rates were rising — two trends that higher education advocates hoped would boost college access for poor youth.
Connecting Loans to College Preparedness
Absent the current, de facto federal lending monopoly, private lenders and students would have strong incentives to work together – both would stand to profit from a partnership. Having government supply aid, in contrast, largely invites rent-seeking, overconsumption, and rampant price inflation.
The $10-Billion Sports Tab
Subsidy rates tend to be highest at colleges where ticket sales and other revenue are the lowest — meaning that students who have the least interest in their college’s sports teams are often required to pay the most to support them.
Campus Turmoil Will Accelerate Beneficial Higher Ed Change
The erosion of support for traditional higher education will accelerate trends already at work. Here are the most important ones.
Refresher on How Feds Got Here, What They’ve Wrought
Hopefully, in one place that people can spend about ten minutes reading, we have captured both what Washington has done in higher education, and has done to higher education.
Perryman: Free College Tuition: A Very Well Meaning, But Bad Idea
Free tuition is one of those ideas that sounds good on the surface and makes a great sound bite, but fails to hold up upon closer inspection. Affordability is a must, how we get there matters as well.
Higher Ed Problems “God’s Will or Somebody Else’s Fault”
Today, for-profits are still high on the blame list, but accreditors seem to be rising to meet them.
New Federal Program Offers Students Aid for Nontraditional Education
“The existing accrediting agencies aren’t being hard enough on the schools…They’re the ones that are supposed to sign off on the quality of the institutions. Clearly too many subpar ones are slipping through the cracks.”