The Latest–And Surprising–Victims of the Student-Loan Debt Crisis: Older Americans
How did those 60 and older—who thought they’d be looking forward to a hard-earned rest during their retirement years—come to be the fastest-growing age-group for student loans?
Report: Obama Department Of Education Drastically Underestimated Student-Loan Debt
In government, and everywhere else, mistakes are going to be made. But, in this case, the mistakes aid the side of the defenders of the failed higher education status quo—“Student-loan crisis? What student-loan crisis?! Move along; nothing to see here.”
I Asked Academia’s Most Vocal Critic Why College Is a Waste
Charles Sykes has spent most of his life railing against the academy and has written multiple books about how college degrees have become increasingly worthless. I spoke with him about his latest work, Fail U.
The “Crisis” That Isn’t: Student Debt
A crisis is one of the best opportunities because worried people are apt to fall for weak arguments and let the politicians have their way. Now, to work this way, the crisis doesn’t even have to be real. Here’s an example: the supposed student loan crisis.
Chasing College Loan Debt
Federal lawmakers should use these guidelines to solve the higher ed loan crisis. New borrowing methods, more reasons to bail out borrowers, and new websites don’t count as answers.
The Student Debt Crisis at State Community Colleges
Policymakers tend to focus on stories of scary-high debt, such as a graduate student who owes six figures. But students who owe much less are more likely to default.
A Million-Dollar Idea for the #MillionStudentMarch
Interestingly enough, 5% of each of the salaries of the top 200 earners at Texas State, or the top 6% of employees, amounts to $1,430,083, more than enough to ensure that all campus workers can earn a living wage. Call me what you may, but the solution seems simple.
The College Financial Counselor in Your Pocket
More and more students are becoming aware of scholarship opportunities and loan options, but they need help on the whole road to graduation. If the first step is helping students realize they can afford college, the second—and equally important—is building their knowledge of how to make it through.
This kind of idiocy and manipulation is inevitable when dreams go uncurbed by reality. It will happen when we give people easy escapes from responsibility. And it will only aggravate the sour morale of people who didn’t make such mistakes when they see the fruits of bad behavior shuffled onto their shoulders.
Student Debt Crisis: The Recession Started It; Colleges Sustain It; And Politicians Make It Worse
Before 2008, student loan debt wasn’t considered a crisis worthy of national attention. What happened?