‘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.
Purdue preparing novel way to fund college
Call it what you will, but Purdue University is rethinking financial aid after the nation’s class of 2015 was named the most indebted in United States history.
A Smarter Approach to College Textbooks
As a professor, I am troubled by declines in the effort many in my classes are willing to put into doing the reading I assign. But as an administrator, I also recognize students’ concerns with scoring high grades, juggling internships and part-time jobs, and minimizing expenses.
The Federal Government as a Predatory Lender
The evidence is pretty clear that our government meets all the qualifications as a predatory lender. This is just one more episode of a system of perverse market incentives instituted by government that will not end well.
A College Without Classes
Forget credit hours—in a quest to cut costs, universities are simply asking students to prove their mastery of a subject.
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.
We Have Too Many Colleges, So Cut Federal Funding
As we’ve poured more and more government money into college “access,” schools have pocketed much of the money and gone on a spending spree – and then increased their tuition and fees, leading politicians to cry that they must increase student aid more to keep higher education “affordable.”
How Many Colleges and Universities Do We Really Need?
American higher education remains the envy of the world. But that respect really only extends to a few hundred universities at the most. At too many colleges attended by the vast majority of American students, costs are spiraling out of control and quality is declining.
Indiana University used this one weird trick to cut student debt
It’s too early to tell how much the behavior of individual borrowers changed, but in aggregate, students at Indiana University took 11 percent less in federal loans during the 2013-14 school year.
Subsidizing Higher Ed Makes It More Costly; It Also Makes Incomes More Unequal
Increasing student aid to make college “more affordable” is something of an impossibility. The more “generous” the government becomes with grants and loans, the more schools raise their rates.