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Wednesday, July 16, 2014

The Financial Literacy Gap Costs College Graduates Thousands

Forbes – Robert Farrington

“A recent study highlighted the huge gap in financial literacy among American students…With the push for American students to go to college and spend thousands of dollars on their education, the financial literacy gap leads many students to make painful early mistakes with their money…these problems can follow them throughout their lives.” (more)

Wednesday, June 11, 2014

Washington Students Appeal For More Aid, Lower Tuition

Education News – Grace Smith

“…you may not have noticed that during the recession, many colleges and universities had their state funding cut by up to 50%…A group of University of Washington (UW) students would like to go back to the days when a student could actually afford to work his way through college…”(more)

Friday, May 23, 2014

Grads With College Debt Struggle To Gain Wealth

Education News – Rebecca Stimmler

“Many students accumulate a crippling amount of student debt in college. This typically effects their net worth in the long run…those students with college debt are around 10 years behind in accruing their wealth…”(more)

Thursday, April 17, 2014

“Death Spiral” – Harvard Professor Predicts Up To Half Of US Universities May Fail In 15 Years

Zero Hedge – Tyler Durden

“Soaring student debt, competition from online programs and poor job prospects for graduates are shrinking the applicant pools for many universities and, as Bloomberg reports, the National Association of Independent Colleges and Universities warns “there will clearly be some institutions that won’t make it…through these difficult steps.” Rather stunningly, Moody’s found that expenses are outpacing revenue at 60 percent of the schools it tracks even as many try to slash their way to balanced budgets,” and concluded “what we’re concerned about is the death spiral… this continuing downward momentum for some institutions.””(more)

Wednesday, February 5, 2014

Tennessee Governor Urges 2 Free Years of Community College and Technical School

The New York Times – Richard Perez-Pena

“Public colleges have sharply raised their prices since the 1990s in the face of declining state support, but a plan by Tennessee’s governor to make two years of community college and technical school free for all students represents a striking reversal of that trend.”(more)

Wednesday, January 29, 2014

Colleges Slash Tuition, Pledge Loan Repayment

U.S. News & World Report – Kelsey Sheehy

“The cost of college is rising at a breakneck pace, and student debt rates are following suit…Rather than stand idly by, some colleges and universities are taking action by dropping tuition and pledging to help graduates repay their loans.”(more)

Wednesday, December 25, 2013

Major Education Groups Pressure Arne Duncan To Crack Down On Sallie Mae

The Huffington Post – Shahien Nasiripour

“Student borrowers can’t expect the basic consumer protections provided to millions of Americans who take out loans because the Department of Education fails to enforce the law, a prominent group of colleges, students and teachers has alleged.”(more)

Friday, December 20, 2013

Innovators Come Together to Brainstorm Solutions and Take Action

Homeroom – Martha Kanter

“Over the last week, more than 200 national public and private sector innovators from higher education, technology, and industry joined us at round tables, at white boards, and over large sheets of poster paper to brainstorm creative ideas to improve postsecondary education. These groups of entrepreneurs and software developers, college and university scholars and students, along with policymakers and others identified solutions and made plans to take immediate action.”(more)

Wednesday, December 11, 2013

Colleges Offering Tuition Discounts To Entice Students

Education News – Mirabel Shanny

“Desperate economic times call for desperate economic measures — for both colleges and their students. Students who are unable or are unwilling to pay the full price of tuition are being wooed by colleges and universities through tuition discounts.”(more)

Wednesday, November 13, 2013

The Economic Value of Education

Brookings – Jonathan Rothwell

“In the face of ever-rising rising tuition and scarce or confusing quality metrics, many people are understandably frustrated with universities and community colleges…Unfortunately, some scholars have piled on to these concerns with unwarranted suggestions that there is little to no private or public economic benefit from obtaining a college degree…These claims are contradicted by reality.”(more)