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.
Money Magazine’s new college rankings finally get it right for students
Competitors to U.S News seemed to come and go every year as new college rankings proliferated, but none of them could answer a basic question for students and parents: Of the thousands of colleges in the U.S., which ones are worth the return on my investment?
Sorry, But ‘College Is Too Expensive’ Is Not A ‘Myth’
Increasing federal student aid was found only to incentivize schools to hike tuitions further. . . . Specifically, the study finds that every dollar of additional Pell Grants or subsidized student loans results in tuitions being raised between 55 cents and 65 cents.
No End In Sight For Higher-Education Malinvestment
“More college graduates are working in second jobs that don’t require college degrees,” writes Hannah Seligson in the New York Times, “part of a phenomenon called ‘mal-employment.’ In short, many baby-sitters, sales clerks, telemarketers and bartenders are overqualified for their jobs.”
Free Enterprise to the Rescue: Donations From Business Boost Private-School Scholarships
Thanks to a swell of charitable donations from businesses, more disadvantaged Arizona children will have the opportunity to choose a private school this year.
Debt Forgiveness and Liquidation
The messy dismantling of Corinthian Colleges is moving through a federal bankruptcy court, as a judge mulls whether to halt loan repayments for up to 350,000 former students and the defunct for-profit chain seeks the court’s approval for the fire sale of its remaining assets.