College Debt Crisis “…the most profitable in the country” I’ve written extensively about the high-cost of a 4-year college and whether high school educators are doing a DISservice to students in pushing them to a 4-year college– at any cost. It’s NOT like it was in the old days when students could go to school…
Tag: college debt
Bank On Student Loan Fairness Act
On JULY 1st, 2013, the interest rate on new Federally subsidized Student Loans will DOUBLE from 3.4% to 6.8% The Federal Government currently makes 36 cents in PROFIT from every dollar they loan a student for education. Bank On Student Loan Fairness Act I’ve written extensively on the dangers and my concern for the over…
Student Loan Debt by the Numbers
12 Disturbing Facts about the over a TRILLION Dollars in Student Loan Debt. Is this the next financial crisis as tuition is up nearly 500% in the past decade? Student Loan Debt by the Numbers $1.1 TRILLION : Approximate amount of outstanding student loan debt—second only to mortgages in household debt. 60% of the $1 Trillion…
Department of Education SWAT Team
With over a TRILLION DOLLARS in college debt (see: New Debt Slaves) and a 498% increase in tuition (since 1986), I was SHOCKED to see this story of Kenneth Wright from 2009. I wasn’t aware of this story when it first developed and was surprised to learn the Department of Education had its own SWAT…
The Race to Zero Tuition In Higher Education has Begun By John Hamilton
The Race to Zero Tuition In Higher Education has Begun By John Hamilton If you need the degree your options are less but increasing all the time for a lower cost, but high quality education. Until recently there seemed to be a gentleman's agreement amongst the schools of not allowing a price war to break…
Tapping Technology to Keep Lid on Tuition
Tapping Technology to Keep Lid on Tuition Which raises a big question: Can technology restrain the cost of higher education without diminishing what students learn? A lot of attention these days is on the expanding roster of “massively open online courses,” lectures posted on the Internet by …See all stories on this topic » What…