Student Loans

As states continue to cut higher education budgets, rising tuition prices mean that increasingly students and their families rely on debt—both credit cards and student loans—to pay for college costs. Today, graduating college seniors leave with an average of over $25,000 in student loan...
09/05/2012
Publication
On Aug. 29, Contec Holdings, a Schenectady, N.Y., company that repairs cable boxes, filed a prepackaged bankruptcy plan—a court-sanctioned deal with lenders in which the firm will reorganize, wipe out up to $300 million in debt, and move on under new ownership. Happens every day. When businesses...
09/04/2012
News/Resource
Education has long been recognized as a primary means of improving one’s economic prospects. Today, a postsecondary degree or certificate has become increasingly necessary for earning a middle-class living. The last two decades have greatly heightened the demand for a highly educated workforce—and...
09/04/2012
Publication
Largely as a result of reductions in state funding, Florida students today face higher costs in real terms to attend two- and four-year public colleges and universities than their counterparts did twenty years ago, forcing many of them to go into debt. In comparison to other states, however,...
08/20/2012
Data Byte
Just as postsecondary education has expanded opportunities for good jobs and entry into the middle class, college costs are rising beyond the reach of many Americans. State policy decisions are largely responsible for this major cost shift onto students and families. Public investment in higher...
08/19/2012
Publication
Just as a postsecondary education has become essential for getting a decent job and entering the middle class, it has become financially out of reach for many of America’s young people. State support for higher education has decreased considerably over the past twenty years, while financial...
08/17/2012
Publication
Vice-President of Policy & Research Tamara Draut was on Marketplace with Kai Ryssdal to talk about the high cost of college for middle and low income households.
08/08/2012
Audio
As state funding for higher education steadily declined as a portion of colleges’ revenue, colleges raised tuition to make up for the gap—a major reason why tuition at public colleges more than tripled since 1980. This financial change left students to absorb more of the costs by taking on...
07/30/2012
Data Byte
Beyond The Debt-For-Diploma System BriefThe United States now has the highest college dropout rate in the industrialized world. Finally we come up first in a world-education ranking, and it not a good thing. According to data from Harvard University and OECD, just 56 percent of those enrolling in...
06/14/2012
Blog
"The Great Cost Shift" a recent Demos report on state disinvestment in higher education Graduation ceremonies this spring will recognize about 2.7 million new college graduates: 895,000 who will receive associate's degrees and 1,781,000 who will receive bachelor's. As well, postsecondary...
06/13/2012
Blog
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