Clik here to view.
How we got into the ‘debt trap’
“Education is no longer a luxury,” declared President Lyndon B. Johnson in signing the Higher Education Act in 1965. Education, including higher education, “is a necessity.” In The Debt Trap, Wall...
View ArticleClik here to view.
RI (and maybe Ohio) will require financial literacy
Rhode Island students will have to study financial literacy to earn a diploma, reports Marianna McMurdock on The 74. It will be a requirement starting with the class of ’24. “On average, Rhode Island...
View ArticleClik here to view.
Don’t major in archaeology for the money
Two years after completing a bachelor’s degree in archaeology, the median archaologist averages $24,201 per year, according to a new report on early career earnings for two- and four-year college...
View ArticleMost college grads aren’t paying down loans
Three years after college, less than half of former college students are paying down their student loans. Only 46 percent of borrowers “pay even a dollar towards their principal loan balance three...
View ArticleClik here to view.
Student loan defaulters may lose licenses
Defaulting on student loans can be a career ender, reports the New York Times. Nineteen states suspend state-issued professional licenses if residents fall behind on loan payments,” write Jessica...
View ArticleClik here to view.
Play the college loan game
A free game called Payback helps students plan for college costs. Photo: Roger Kisby/New York Times Which college should I attend? How much can I safely borrow? Should I take a half-time job or an...
View ArticleClik here to view.
Most failing colleges aren’t worth mourning
Colleges are failing because they’re failing students, writes Ryan Craig in Forbes. If they have to make budget cuts, well, it’s about time. The New York Times‘ elegy for Indiana University of...
View ArticleClik here to view.
In debt, no degree — but can she do the job?
Going to college was a given for Megan Arnold. Paying for it would work itself out, she thought. She never envisioned that 12 years after she started college, she’d have debt, on which she’s defaulted,...
View ArticleClik here to view.
Students follow passions, not payoffs
A University of Texas at Austin graduate with an advertising degree can expect to earn $82,000 after 10 years, while an English Language and Literature major would earn $59,000. For University of...
View ArticleClik here to view.
College doesn’t help the unprepared
Education Post‘s Taneesha Peeples is tired of seeing Black students head off to college, go into debt and leave without a degree because their K-12 schools didn’t prepare them for college work. Chicago...
View ArticleClik here to view.
Scorecard adds data on post-college pay
The U.S. Education Department’s College Scorecard now shows average earnings two years after graduation based on field of study and institution. For example, the median pay for a University of Delaware...
View ArticleClik here to view.
Chump change
So-called “progressives” are eager to tax the working class to subsidize the affluent, writes Rick Hess. Several hundred groups, including the major teacher unions, “issued a letter calling on Biden to...
View ArticleClik here to view.
Plumber: Your gender studies degree is on me
Credit: OpenClipart-Vectors/Pixabay As Democrats urge President-elect Biden to cancel college debt, by executive order, Paducah, Kentucky plumber Sam Caughorn is “looking forward to paying for his...
View ArticleClik here to view.
Biden won’t cancel your $50K student debt
Senate Minority Leader Chuck Schumer, D-N.Y., wants Joe Biden to start his presidency by canceling up to $50,000 of student debt per borrower, by executive order. That would erase most college debts:...
View ArticleClik here to view.
Where college pays
Getting a better job is a goal cited by 85 percent of college students, writes Andrew Gillen on American Thinker. But many take on student loans without knowing if they’re likely to earn enough to...
View ArticleClik here to view.
College isn’t always the right choice
Going to college won’t necessarily make you happy, wealthy or wise, writes Arthur C. Brooks in The Atlantic. Does your barista have a college degree? College is a great economic investment for those...
View ArticleClik here to view.
Is college a great investment?
You can’t get a decent job without a college degree, many Americans believe. Tom Burnett, a former Montana state legislator and a retired manufacturer, asks: Is college really a great investment?...
View ArticleClik here to view.
41% of new college grads are underemployed
One-third of college graduates and 41 percent of recent graduates work in jobs that don’t require a college degree, according to Federal Reserve Bank of New York data. That’s not new, David Soo of Jobs...
View ArticleClik here to view.
College isn’t going to work, so what next?
Going from high school to a four-year college can be a costly mistake for unmotivated students, write Michael Horn and Bob Moesta, authors of Choosing College: How to Make Better Learning Decisions...
View ArticleClik here to view.
Can earn-more-pay-more replace student loans?
Student loans now top $1.6 trillion and nearly 40 percent of borrowers are expected to default. Interest is growing in “income-share agreements,” reports Kevin Carey in the New York Times. Purdue is...
View Article
