Editor’s Note: The following is an excerpt from The Problems with Student Loan Forgiveness, a new report from the Texas Public Policy Foundation that argues against universal and complete student loan forgiveness. This is the sixth in a series of six excerpts from the report. Part 6: Legal Problems With Student Loan Forgiveness The Executive […]
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Editor’s Note: The following is an excerpt from The Problems with Student Loan Forgiveness, a new report from the Texas Public Policy Foundation that argues against universal and complete student loan forgiveness. This is the fifth in a series of six excerpts from the report. Part 5: Political Problems With Student Loan Forgiveness There are […]
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Editor’s Note: The following is an excerpt from The Problems with Student Loan Forgiveness, a new report from the Texas Public Policy Foundation that argues against universal and complete student loan forgiveness. This is the fourth in a series of six excerpts from the report. Part 4: Moral Problems With Student Loan Forgiveness Student loan […]
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Editor’s Note: The following is an excerpt from The Problems with Student Loan Forgiveness, a new report from the Texas Public Policy Foundation that argues against universal and complete student loan forgiveness. This is the third in a series of six excerpts from the report. Part 3: Economic Problems With Student Loan Forgiveness Student loan […]
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Editor’s Note: The following is an excerpt from The Problems with Student Loan Forgiveness, a new report from the Texas Public Policy Foundation that argues against universal and complete student loan forgiveness. This is the second in a series of six excerpts from the report. Part 2: Educational Problems With Student Loan Forgiveness The next […]
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Editor’s Note: The following is an excerpt from The Problems with Student Loan Forgiveness, a new report from the Texas Public Policy Foundation that argues against universal and complete student loan forgiveness. This is the first in a series of six excerpts from the report. Part 1: Logical and Rhetorical Problems With Student Loan Forgiveness […]
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Conservatives have long worried about the Bennett Hypothesis. Named for former Education Secretary William Bennett, it argues that the availability of federal financial aid programs leads colleges to increase tuition faster than they otherwise would. Conservatives have been right to worry. But there’s a way to break that link—by changing how we determine aid eligibility. […]
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The New York intellectual establishment has learned via a New York Times op-ed and a New Yorker story/book review that the high cost of college has “changed” (Times) or “transformed” (New Yorker) American family life. That is nothing particularly new or revealing, at least for millions of Americans living, as I do, in that vast […]
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Skin in the game for student loans, the idea that colleges should face financial consequence when their students default, is gaining momentum in policy discussions. After all, when students take out loans, the colleges get all their money upfront, leaving taxpayers holding the bag when students default on the loan payments years later. It seems […]
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Op-Ed. An estimated 14.67 million college students attend what we call “state universities.” Some of them are renowned highly selective research institutions like the University of California at Berkeley or the University of Michigan, while others are relatively obscure schools with an open admissions policy. But all receive some degree of subsidization from the state […]
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Federal efforts to alleviate the high and rising cost of attending college through student loans have morphed from a policy challenge to a fiscal time bomb threatening to blow up the financial future of tens of millions of Americans and the government’s own solvency. Dressed up as a progressive achievement, it is actually a failure […]
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What’s to be done about the large and growing number of Americans who cannot repay their student loans? There are two new developments. The New York Times reports, “Senators Marco Rubio and Elizabeth Warren introduced a bill on Thursday that would prevent states from suspending residents’ driver’s licenses and professional licenses over unpaid federal student […]
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“College May Not Be Worth It Anymore” warns a headline in The New York Times. It has been a sacred dogma to the American left since the 1960s that “Everyone should go to college.” But the NYT headline is no fluke. Many on the left are now wondering out loud whether mass higher education is […]
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Starting next January, some 35 very wealthy private colleges and universities will start paying an annual 1.4 percent college endowment tax under the new tax reform law. That’s very few of the nation’s institutions of higher learning, and the tax will not apply to assets that directly contribute to an educational purpose. When you hear […]
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Ice cream cake has a disturbingly short lifespan in my home. When one is nearby, I ruthlessly hunt it down and devour it. Some days, when I have biked to work or gone for a run, I easily convince myself that I deserve cake as a reward. But exercise does not cause my cake-eating. It […]
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Nearly everyone recognizes that student debt has risen to a level that will be difficult to sustain in the future given the nation’s slow growing economy and the sagging incomes of too many college-educated Americans. Nearly 40 million Americans are carrying some form of student debt; more than 7 million are in default on their […]
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This is an edited transcript of comments delivered by Mr. Kelly at the 2015 Lynde and Harry Bradley Foundation Symposium on “The Future of Higher Education” June 3 in Washington D.C.The event was co-sponsored by the Ethics and Public Policy Center and National Affairs. You can read the full transcript of the symposium here. Three trends are complicating […]
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A study by Vanderbilt suggests that the university spent $150 million complying with federal regulations during 2013-14. Although the details of how Vanderbilt arrived at these alarmingly figures have yet to be released, they should nonetheless be viewed as additional validation that the federal government’s overweening supervision of higher education is making college less affordable […]
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We have clearly oversold higher education. Through subsidies and political hype, we have prodded huge numbers of students to flock into colleges and universities. Naturally, those institutions also expanded in number and in the volume of students. Now that it is becoming evident that a college degree isn’t necessarily a good investment and for many […]
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The federal government is now admitting that its own financial aid is partly to blame for rising tuition, reports Blake Neff in The Daily Caller: A new report by the Federal Reserve Bank of New York has found that the massive investment in grants and student loans by the federal government is a major contributor […]
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By Diana Furchtgott-Roth, Jared Meyer This month, as 1.8 million newly minted bachelor’s degrees are handed out, most graduates will be coming off the stage with much more than a fancy piece of paper. Seventy percent will take an average of $27,000 in student loan debt with them as they try to build their careers after college. This […]
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Kevin Carey is convinced that online learning has created a watershed moment in the history of higher education. Not since Johannes Gutenberg assembled an ensemble of movable type, meltable alloy, oil-based ink, and a screw press in 1439 has there been such a moment—or so says Carey in his new book, The End of College: […]
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• Campus Reform asked out-of-state students at UVA and UMD if they would be willing to give up their U.S. citizenship to become “undocumented students.”
• Out-of-state students at both universities pay nearly twice as much as in-state students and illegal immigrants pay.