By Andrew Hacker
Question: Why has the cost of college tripled, in real dollars, over the past 30 years? Answer: Colleges know that whatever they charge, students will pay, largely by taking out loans. The Reason: Only colleges can grant degrees, an award most young people think they must have.
Yet the shameful truth is that too [...]
We are pleased to report that the issues raised by us in “Higher Education?” are very much a part of the public debate, far more than they were when we first published our book two years ago. We’d like to believe that “HE?” helped focus a light on some of these questions.
So we’re continuing to [...]
http://www.foxbusiness.com/personal-finance/2012/04/04/student-debt-red-herring/ F ox News has it all wrong when it posits that student loans are not a red state issue. The student loan issue impacts youngsters (and older folk going back to retrain during the recession) in the most basic and serious way. We’re pleased to see growing concern on loan policies.