Hillary Clinton recently unveiled her higher education plan to reduce college student loan debt. As the Americans for Tax Reform (ATR) points out, Hillary’s plan, called the “New College Compact,” involves: States creating grants to…
Topic: student loans
Student Loan Debt: Now at $1.27 Trillion
Holy cow, that’s a lot of money and student loan debt. The national debt is at least $18 trillion, so that’s a huge amount of debt by students.
Hillary Clinton Proposed $350 Billion Plan for “Debt-Free” College
As Campus Reform reported, Hillary Clinton didn’t give specifics on who will actually benefit and what “wealthy” means: Hillary Clinton unveiled a sweeping proposal Monday to shift the cost of higher education from students to…
Tuition Increases Swallow Up Financial Aid Packages
Two-thirds of financial aid packages are swallowed up by tuition increases. Federal Reserve Bank study finds.
New Jersey Lawmaker Proposes Lottery System to Pay Off Student Loan Debt
Only in New Jersey, as Campus Reform reported: “There may be a new way to pay off student debt in New Jersey thanks to new legislation proposed by John Burzichelli, a Democrat assemblyman who represents…
Marco Rubio says if He’s President, He’ll Bust the Higher Ed “Cartel”
The College Fix reported: “Today’s colleges and universities are like early-America textile artisans who tried to fight the “power loom,” Republican presidential hopeful Marco Rubio said in a major policy speech in Chicago on his…
15% of Retirees have Student Loan Debt, Study finds
The College Fix reported: “Among retirees, education loans made up less than 1 percent in 1989 but grew to 15 percent by 2013,” according to the recently released LIMRA study. “The data suggests that parents…
Is Higher Education a Leisure Pool?
A group called College Rank has helpfully compiled a list of colleges with the best leisure pools in academe, some replete with lazy rivers. “Recreational facilities and amenities have become a major part of the…
Kiss of Debt
Beth Akers of the Brookings Institution, co-author of controversial research on the status of student loans, downplays the significance of the more than $1.3 trillion in debts held by Americans. “Debt is increasing steadily across…
Doesn’t Make Sense: Poll finds Millennials Optimistic about Future Even with Big Student Loans
The poll found: “While over 60% of recent college grads report the burden of student loan debt, 58% believe their finances are in better shape than their parents were at their age, according to a new…