Choosing a College Blindfolded
…the extremely confusing (often deliberately so) way loans were described. For unsubsidized student loans, the authors “found 136 unique terms for that loan, including 24 that did not include the…
…the extremely confusing (often deliberately so) way loans were described. For unsubsidized student loans, the authors “found 136 unique terms for that loan, including 24 that did not include the…
…students, faculty applied themselves, carefully preparing for class, helping students outside the classroom, etc. Today, some professors are relatively indifferent toward their students because their financial rewards come primarily from…
…a draft of the latest Gainful Employment regulations, and, like the previous iterations, it would terminate financial aid eligibility (Pell grants, students loans, etc.) for postsecondary programs that fall below…
…Programs (LRAPs). Under LRAPs, an institution essentially offers students insurance for their student loan payments by repaying the loans when the students cannot. For example, if a student owes $300…
While student loans are a widely acknowledged problem, one program sticks out as particularly troublesome: the Grad PLUS program. After graduate students max out their traditional student loans, which include…
…get postsecondary training, led to federal legislation like the Higher Education Act of 1965, as well as vastly expanded federal student financial assistance, culminating in the creation of a Federal…
…where too many students defaulted on their student loans. But this was both obscenely forgiving (a college could only lose eligibility if 30% or more of its students defaulted) and…
…even students themselves, while computer science majors will compete in the local IT market. Privately run convenient care facilities will replace the student healthcare bureaucracy. Students will form dining co-ops…
In “How To Fix Student Loans—Permanently,” Foundation for Research on Equal Opportunity Senior Fellow Preston Cooper proposes an alternative solution to the Biden administration’s expensive student loan jubilee: financial penalties…
…income distribution) to see what has motivated their earlier efforts; a desire to wipe our student debt with little regard to whether the loans were truly an economic burden. Student…
…would put colleges on the hook when students can’t repay their student loans. With so many new ideas for accountability systems in the air, it is easy to get overwhelmed….
…underlying reasons include a growing emphasis on preparing students for specific careers. This leads many students and their families to choose more career-oriented majors and programs. Further, the increasing cost…
…providing such benefits, without considering if students are academically prepared, could actually prove harmful to these very students. Low-income students are nine times more likely to have a high school…
…minimal performance criteria to get federal student loans or Pell Grants. Indeed, just the opposite. If a student fails a number of courses, takes a relatively low course load, and…
…“Biden Plans to Turn Student Loans into Delayed Grants”] As so often these days, the crazy social and economic ideas appearing in the real world were hatched on campus. And…
…is that federal student loans will not be privatized anytime soon, and since almost every college in America uses them, such schools will continue to be subject to federal rules….
The Biden administration has released its plans to introduce a new income-driven repayment program for student loans. The proposed regulations are as bad as the early indications hinted they would…
…government per student? Are students at Stanford eligible to receive Pell Grants or federal student loans, or are professors allowed to take grants from the National Science Foundation? Do Stanford…
…wants its students to receive Pell grants or federal student loans, it needs the approval of an accreditor. Accreditors are themselves approved by the U.S. Department of Education (ED). Traditionally,…
…from Biden’s Student Loan Forgiveness Plan”] The most convincing evidence of the decline in tuition is provided by the College Board’s annual Trends in College Pricing and Student Aid report,…
…room should announce that, due to spiraling expenses, higher tuition, and government cutbacks on student loans, we’ll need to tighten our belts and cut student activities funding to preserve academic…
…on universities: Title IX and federal money for research and students, student grants and loans, etc. pose enormous constraints on, and some bad incentives for, both public and private universities….
…had Biden done nothing, student loans would have truly begun to reduce inflation. The student loan payment pause was scheduled to expire, and as payments restarted, it would have reduced…
…intimidating and confusing, so simplification is a great idea. The new IBR program also looks good. IBR is vastly superior to fixed payment plans for student loans since many students…
…by Representatives Virginia Foxx (R-NC), Elise Stefanik, R-NY, and Jim Banks (R-IN). The bill “offers commonsense and fiscally responsible reforms to benefit students and borrowers in our country’s federal student…
…graduate students can borrow at $25,000 and $100,000, respectively. Currently, graduate students can borrow up to $20,500 annually in unsubsidized loans and can borrow an unlimited amount through the Grad…
…Up for Our Nation”] The proposed policy to forgive student loans is another issue on this front. Someone willingly sought a loan and pledged to repay that loan. But the…
…years (typically 30 for mortgages and 10 for student loans). This is not ideal since many students will experience employment volatility early in their career, making paying a fixed amount…
…About Them)”] There are grave consequences for the Biden administration’s loan forgiveness. It will encourage universities to increase their prices, understanding that students can simply turn to federal student loans….
…diversity administrators see to it that these students are coddled and pushed forward as best they can, often with frustrating results for the student. But the “mismatch” of a student…