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.
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.
Despite elite colleges’ efforts to diversify, they are still limited in their ability to serve as true engines of economic mobility, said Mark Huelsman, a senior policy analyst at Demos, a left-leaning think tank.
“It does go against what we think higher education should be and it goes against our belief in a meritocracy,” he said. [...]
The American education system is defined by its decentralization; states, local areas, and schools wield considerable power over how students are educated, from preschool through college. But federal government's role in education is to still make sure American students have both a champion and a protector, an agency dedicated to the notion that when all students are able to thrive, our communities, our economy and our civic life become stronger.
This unfinished legacy is what makes the tenure of Betsy DeVos as secretary of education so tragic.
“When we’re talking about elite schools and, certainly, free medical schools, I don’t think that’s what’s going to be driving the policy process,” said Mark Huelsman, a senior policy analyst at Demos, a think tank with operations in three cities including Boston that advocates for a diverse, expanded middle class and racial equality. [...]
Mark Huelsman, a senior policy analyst at Demos, argues: “We cannot rely on states to fund education on their own or even allow for collective bargaining in many states. So I think that the federal government has to step in and provide some real financial leverage in order to raise the number of teachers, raise the job quality for teachers and raise, even if it’s nonteaching jobs, the positions that have been eliminated, particularly in two-year colleges but across the education system.”
Several policy organizations have urged that institutions be held more accountable for the success of their students who get Pell Grants. [...]
Many who do enroll end up worse off than they started out, struggling to repay loans they took out to pay for educations they never finished; Pell recipients are nearly twice as likely as other students to borrow, the public-policy organization Demos says.
But the poll released this week suggests the debate is going on separately from how Americans experience student debt, said Mark Huelsman, a senior policy analyst at Demos, a left-leaning think tank. And indeed, there are many reasons why voters may be feeling anxious over student debt.
Rather than try to dismantle one of the few tools we have to keep this problem from getting worse, this administration should take a more nuanced and comprehensive approach toward making our campuses more reflective of our society, particularly for the most diverse generation of students ever.
With rising tuition costs outpacing inflation and wage growth, many students are struggling to afford college. In fact, about 44 million Americans owe over $1.48 trillion in student loan debt.
Just in time for midterm election season, Democrats in the House of Representatives on Tuesday released details of a comprehensive higher education bill they say will ensure every student has the chance to get a postsecondary education without debt. [...]
Today, Democratic members of the House of Representatives released the Aim Higher Act, a bill that would reauthorize the Higher Education Act, the federal law which authorizes a broad range of student aid programs and governs the federal role in higher education.
Demos, a public policy organization based in New York, has this response:
The two researchers focused specifically on inheritances among families where at least one parent has a college degree. They looked at families like this in order to test the notion that higher education is some great equalizer. [...]
Considering who “deserves” an affordable education obscures an important truth: higher education serves of all us. According to a report by the left-leaning think tank Demos earlier this year, “There is a persistent link between public spending on colleges and higher tax revenue, lower public assistance spending, greater health outcomes, and lower crime rates.” [...]
Torpey’s show, “Paid Off,” which premieres July 10 on TruTV, is just the latest evidence that student debt is now “part of the popular zeitgeist,” said Mark Huelsman, a senior policy analyst at Demos, a left-leaning think tank. “This is a problem that a lot of people can relate to,” he said.
But according to our in-depth analysis of data from Demos and NCES, black and Hispanic students are paying more when it comes to student loans than white students.
The ability of college graduates to pay student loans isn’t simply a matter of earnings. It also reflects wealth — and differences that persist in wealth among racial and ethnic groups.
Washington, D.C. – On Wednesday, Mick Mulvaney, acting director of the Consumer Financial Protection Bureau (CFPB), informed his staff that he would be shutting down the bureau’s Office for Students and Young Consumers and folding it into the Office of Financial Education. In response, Mark Huelsman, Senior Analyst and student debt expert at Demos, issued the following statement:
