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Tag Archives: student debt
An inspirational defense of a liberal education for adults
Chris Tilghman
Associate Vice President
Program Development
InsideTrack
With student debt hitting the trillion-dollar level and a job market not quite in recovery, critics both within and outside the higher education community are increasingly making a case for focusing public resources on education that teaches students “practical” skills, in contrast to the “luxury” of a liberal education.
And so, I was uplifted by four panelists who made a compelling case for a practical liberal education at the recent University Professional & Continuing Education Association’s annual conference in Portland, Oregon.
Entitled A practical, liberal education: Exploring why… Continue reading
Excessive student borrowing: Private loans and bankruptcy
By Sandy Baum and Michael McPherson
Innovations: Insights and commentary on higher education
Stories of students struggling under the crushing burden of $80,000 of debt or more for a bachelor’s degree that has yet to lead to employment are not representative, but they are more common than they should be. Virtually all students with so much undergraduate debt have relied on private loans, in addition to federal loans. Federal policy makers should move to end the confusion between these two forms of borrowing.
Read more: chronicle.com
Today’s students more reluctant to borrow
Justin Draeger, President and CEO of the National Association of Student Financial Aid Administrators, states, “We’re seeing this gradual shift in the burden for paying for college to individual students and families and the way that students do this is through loans,” he said. “One of the things that may have come out of this recession and jobless recovery is price sensitivity…On top of that, they’re looking for how much bang they’re going to get for their buck.”
Posted in Future of Higher Education
Tagged student debt
