Tag Archives: student loans

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

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The cost of college: A balancing act

CNN
By Carl Azuz

Vice President Joe Biden and Education Secretary Arne Duncan spoke at a high school in Norfolk, Virginia, on Tuesday. The reason: To discuss student loans and college tuition. If that sounds familiar, it’s because the cost of higher education has been a major focus of the Obama administration

Pat Callan, InsideTrack Advisory Board member and president of the Higher Education Policy Institute, gives the president credit for raising awareness about the rising costs of college, but he doesn’t believe the federal government has the leverage to significantly punish colleges and universities for tuition increases.

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University administrators frustrated with the federal loan system

NAFSAAParticipants at the National Association of Student Financial Aid Administrators’ annual convention expressed anxiety about the future of the Pell Grant Program and frustration towards the federal government’s approach to regulating student loans.

insidehighereducation.com

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Veterans and university administrators weigh in on the Post 9-11 GI Bill post-secondary experience

CAELA publication from the Counsel for Adult and Experiential Learning (CAEL) highlights the personal and financal challenges facing veterans enrolled in post-secondary degree programs, and reviews relevant learning outcomes interventions.

nku.edu

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