-
As College Costs Rise, Has Competition Arrived?
Tweet Share on Facebook October 31, 2012 CommentIn last week's review of The Project on Student Debt's recent report, "Student Debt and the Class of 2011," the Student Loan Ranger briefly noted the important role of transparency regarding schools' costs and outcomes. A lack of transparency harms borrowers who have difficulty comparing colleges to assess their value and abets the continuing rise in tuition.
Greater transparency increases the competitive pressure on institutions of higher education and incentivizes them to focus on student outcomes and reduce costs.
-
Student Debt Continued to Rise in 2011
Tweet Share on Facebook October 24, 2012 CommentFor seven years running, the Project on Student Debt, an initiative of The Institute for College Access and Success, has compiled its invaluable report on student debt. The most recent report, "Student Debt and the Class of 2011," was released on October 18 and, as usual, it is worth pondering. Here are a few highlights.
• Perhaps the least surprising is the fact that student debt levels continued to grow. Two thirds of college seniors who graduated from public and private nonprofit four year colleges in 2011 had student debt. The average debt for those with loans was $26,600, up 5 percent from the average debt for those with loans in 2010 ($25,250). This increase in one year is unsettling to the Student Loan Ranger—and about the same as it has been the last few years.
-
Learn Who's Affected By Rising Student Debt
Tweet Share on Facebook October 17, 2012 CommentIf you're up on student debt news, you may have already heard that one in five households owed student debt in 2010—a new record. As noted in a recent Pew Research Center report, "[s]ince 2007, the incidence of student debt has increased in nearly every demographic and economic category, as has the size of that debt."
The Student Loan Ranger is going to focus on the greater context of student debt expansion, and what it means for you.
-
Examining the Future of Student Debt
Tweet Share on Facebook October 10, 2012 CommentLast week, the Student Loan Ranger attended a compelling panel titled "Making College Cheaper and Better," hosted by the New America Foundation.
The panel included student debt luminaries, with introductory remarks by Jamie P. Merisotis, president and CEO of the Lumina Foundation, whose Goal 2025 project aims to increase the proportion of Americans with high-quality degrees and credentials to 60 percent by the year 2025.
-
Student Loan Debt Affects Generations of Americans
Tweet Share on Facebook October 3, 2012 CommentWe're just about a month away from Election Day and town hall meetings are being held on major issues across the country. Can you guess which issue the Student Loan Ranger is going to highlight?
You got it: the country's $1 trillion in student debt. The Student Loan Ranger wants to emphasize the broad-reaching effects of student debt and why we think voters of all ages should care about solving this problem.
advertisement
Knowledge Centers
Follow U.S. News Education
Like Us On Facebook
advertisement
