In the lead up to this year’s midterm elections on Nov. 6 we’ve heard about how young adults, women and people of color are running for office in record numbers.
Meanwhile, the overall cost of net tuition, fees, room and board rose 69 percent at public universities between 1997-98 and last year, even after being adjusted for inflation, according to the College Board. That’s a period during which the Census Bureau reports that median household earnings fell.
“There’s plenty of risk embedded in taking on a student loan,” says Mark Huelsman, an associate director at the think-tank Demos. “Student debt can impact the ability to buy a house, impact the ability to save for retirement, or save for a rainy day or a crisis.”
Sure there are reasons not to borrow, but Huelsman says, on an individual level — if the difference between a small loan is finishing college or not finishing — that’s a different story.
Instead of putting money towards changing these systems — by funding efforts to make college free across the country or by making it easier for low-income students to get access to decent public K-12 education, for example — wealthy donors tend to funnel their money into causes that keep the system they benefited from in place, Giridharadas said.
The poll results indicate that politics may soon catch up to the reality borrowers are facing, said Mark Huelsman, the associate director of policy and research at Demos, a left-leaning think tank.
“It’s a sign of the increasing anxiety that voters and families are feeling about their own debt or their children going into to debt or them going into debt for their children,” he said.
As Mark Huelsman, a policy analyst at Demos, an advocacy group tweeted: "the average family inheritance to a white college grad can pay off the average undergrad debt balance and have enough left over for a 20 percent down [payment] on a $575,000 home." That’s assuming the inheritor has student debt to begin with.
If the goal is to resegregate higher education, the efforts have largely worked. Amid budget cuts and attacks on affirmative action, elite public colleges are enrolling fewer black students than they were a generation ago.
Loans may be one solution for helping students afford college and increase achievement, but grants that don't have to be repaid is another. The researchers are working on a new study that examines the academic effects of federal loans versus grant aid and agree that the effects of the federal Pell Grant may be stronger on academic performance, Marx said.
We are concerned that given Ms. DeVos’ track record to privatize public education and her lack of a clear position concerning the affordability crisis in higher education, the committee cannot properly assess whether Ms. DeVos is fit to run the U.S. Department of Education.
Virginia’s investment in higher education has decreased considerably over the past two decades, and its financial aid programs, though still some of the country’s most expansive, fail to reach many students with financial need.
Connecticut’s investment in higher education has decreased considerably over the past two decades, and its financial aid programs, though still some of the country’s most expansive, fail to reach many students with financial need.
Dēmos has measured the comparative effectiveness of five leading fiscal proposals. We evaluate the plans in eight categories: jobs and public investment; health care affordability; Social Security income; education; defense policy; fair and adequate revenues; and long-term debt reduction.
But what we know about today’s college students doesn’t support the notion that such a large share of students would be using their loan money for spring break would be using their loan money for spring break, said Mark Huelsman, a senior policy analyst at Demos, a left-leaning think tank. [...]
[M]ore and more Americans are realizing student debt has become a widespread financial problem: 92% of American voters said as much in a recent study by policy think tank Demos.
Last week, Betsy DeVos and the U.S. Department of Education did something uncharacteristic. In an extraordinary announcement, the Department argued that states do not have authority to oversee student loan companies operating in their states and that regulation should be left to the federal government. [...]
Last week, I asked the research group Morning Consult to conduct a poll on education. The main question gave parents a list of schooling levels — high school, community college, four-year college — and asked which they wanted their own children to attain. The results were overwhelming: 74 percent chose four-year college, and another 9 percent chose community college.
According to a new study by Demos, a progressive think tank, public colleges aren’t so public anymore, and that’s deepening America’s racial and economic rift, an article on MarketWatch reports. [...]
