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Keyword: tuition

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  • The Biggest Problem with Student Loans

    09/13/2015 6:37:19 PM PDT · by SeekAndFind · 32 replies
    National Review ^ | 09/13/2015 | Kevin Williamson
    As a purely economic matter, the principle of diminishing returns applies to education. Little Moonbeam almost certainly will be financially better off in life with her B.A. in women’s studies (the fact that one has an undergraduate degree matters more than what subject the degree is in), but the M.F.A. in creative writing on top of that probably will not pay comparable dividends, and the inevitable doctorate in social work is likely to prove a zero-return investment. We’re talking purely financial concerns here: Of course an intellectually curious man who makes a fine living as a specialist welder would be...
  • YOUGOV POLL: Three-fifths want taxes to fund debt-free college

    08/21/2015 1:06:34 PM PDT · by SeekAndFind · 42 replies
    YOUGOV ^ | 08/21/2015
    Americans are divided on whether or not to use tax money to pay tuition at public schools, but the sentiment behind Hillary's college plan is popular  One of the major points of debate in the Democratic primary has been the growing cost of college tuition, even at state schools. The average in-state tuition was just over $9,000 in 2015, a 225% increase since 1985. Hillary Clinton announced a $350bn plan to increased federal funding for grants, states and colleges to make sure no student or family has to borrow money to pay for in-state tuition. Her main opponent, Bernie Sanders,...
  • Mark Cuban pans Clinton college plan

    08/19/2015 6:43:14 AM PDT · by george76 · 3 replies
    The Hill ^ | August 17, 2015 | Bradford Richardson
    Billionaire businessman Mark Cuban says Hillary Clinton's plan to curb growing student-loan debt will actually make attending college more expensive. “[Hillary’s plan] stands a better chance of increasing the amount of money students owe than decreasing it,” Cuban said on his Cyber Dust app on Friday. “Just as easy money led to the real estate bubble a few years ago, the easier it is to borrow money for college the easier it is for colleges to raise tuition. Tuition keeps going up because no matter how high they raise it, students can still borrow more to pay for it,” Cuban...
  • Mark Cuban informs Hillary her college tuition plan won’t work. Because of economics.

    08/19/2015 7:20:28 AM PDT · by SeekAndFind · 4 replies
    Hotair ^ | 08/19/2015 | Mary Katharine Ham
    He could probably also offer her some pointers on tech jargon as well. Or, the proper cloth for wiping data. But on this subject, Cuban essentially says, It’s the bubble, stupid. “[Hillary’s plan] stands a better chance of increasing the amount of money students owe than decreasing it,” Cuban said on his Cyber Dust app on Friday.“Just as easy money led to the real estate bubble a few years ago, the easier it is to borrow money for college the easier it is for colleges to raise tuition. Tuition keeps going up because no matter how high they raise...
  • Hillary’s Student Loan Proposal Fails to Understand Math, Millennials

    08/15/2015 6:45:05 PM PDT · by SeekAndFind · 13 replies
    Townhall ^ | 08/15/2015 | Spencer Brown
    Millennials. Some think weÂ’re lazy, others think our unorthodox career paths are how we game the system. Among our biggest pet peeves are a lack of upward mobility and a rigid, one-size-fits-all prescription for finding success. The worst? When established keepers of the status quo try to force the future they think is best, with little opportunity to escape the allegedly good intentions of an overzealous government. Just what has our expansive government done for young Americans, and what will it do to us as we get older? Forty million of us pursued higher education and are on the hook...
  • Why College Tuition is Out of Sight: The Federal Government

    08/15/2015 4:52:21 AM PDT · by Kaslin · 34 replies ^ | August 15, 2015 | John C. Goodman
    Our health care system and our system of higher education have a lot more in common than you might think. As I explained in a previous column at Forbes, in both systems a third-party payer pays a good portion of the bill, leaving consumers and producers with perverse incentives to take advantage of it. The financing of both systems is dysfunctional. There is much waste and inefficiency. And low-income families are the least well served. Here is what I wrote two years ago: We spend about twice as much as other developed countries as a fraction of national output. Yet...
  • How One Hedge Fund Is Betting Against The $1.2 Trillion Student Loan Bubble

    08/11/2015 3:10:27 PM PDT · by SeekAndFind · 7 replies
    Zero Hedge ^ | 08/11/2015 | Tyler Durden
    On Monday, we got some color on Hillary Clinton’s $350 billion plan to make college more affordable. Students and former students across the country owe more than $1.2 trillion in college loans, and as Bill Ackman so eloquently put it earlier this year, "there’s no way they’re going to pay it back." The fact that America’s student loan bubble is the focus of what may well end up being one of Clinton’s most expensive policy proposals speaks volumes about the urgency of the problem. Of course there are some other folks who understand how quickly the situation is deteriorating. Chief...
  • Hillary Proposal: Let’s spend $350 billion to make college … affordable?

    08/11/2015 10:05:03 AM PDT · by SeekAndFind · 23 replies
    Hotair ^ | 08/11/2015 | Ed Morrissey
    Perhaps Hillary Clinton has a different definition of “affordable” than most of us. A plan that spends $350 billion can be defined as many things, but affordable is not on that list. Still, Hillary’s plan raises the stakes among a demographic that Democrats cannot afford to lose: Hillary Rodham Clinton will announce a $350 billion plan Monday to make college affordable and relieve the burden of student debt for millions of Americans, drawing on popular tenets of the progressive wing of the Democratic Party. …At the heart of the plan, dubbed the New College Compact, is an incentive program...
  • Bernie Sanders: 'I Will Fight to...Make Every Public College and University in America Tuition

    08/11/2015 8:48:51 AM PDT · by rktman · 99 replies ^ | 8/11/2015 | staff
    At an event in Oakland, Calif., on Monday, where he accepted the endorsement of the National Nurses United, Sen. Bernie Sanders, who is seeking the Democratic presidential nomination, said he would fight as president to enact legislation making all public colleges and university in the country free.
  • There's a big problem with the government's offer to 'forgive' your mountain of student-loan debt

    08/11/2015 7:53:27 AM PDT · by SeekAndFind · 56 replies
    Business Insider ^ | 08/11/2015 | JONATHAN GARBER AND ANDY KIERSZ
    Student-loan debt is a big problem. The latest Federal Reserve data shows there is nearly $1.3 trillion in outstanding student-loan debt in the US. In late 2009 and early 2010, student-loan debt passed auto loans, credit cards, and home-equity lines of credit as the biggest debt burden Americans face. According to, "The latest studies say that 70% of college graduates leave school with student-loan debt that in 2014 averaged $33,000." Realizing graduates were struggling to repay their heavy debt burdens, the government announced a few plans that would allow student debt to be forgiven over time. The loan-forgiveness repayment...
  • Bernie Sanders is unveiling a free college tuition bill. Will it work?

    08/10/2015 11:38:14 AM PDT · by SeekAndFind · 47 replies
    CS Monitor ^ | 08/10/2015 | By Rowena Lindsay
    Presidential hopeful Sen. Bernie Sanders (D) of Vermont is planning to unveil a bill that, if passed, will make tuition at four-year public colleges and universities free. In addition to eliminating college tuition at public colleges, Mr. Sanders' bill would expand work-study programs, and seeks to lower student debt and student loan rates – a system modeled after those of European countries such as Germany, Sweden, and Denmark. Earlier this year, Sanders called for free tuition for college freshman and sophomores, and recently other liberal politicians have also taken up the cause of making college more affordable for American students...
  • Hillary Clinton Unveils $350 billion plan to kill college debt

    08/10/2015 11:27:27 AM PDT · by SeekAndFind · 58 replies
    Politico ^ | 08/10/2015 | By NIRVI SHAH and KIMBERLY HEFLING
    Hillary Clinton on Monday rolled out a sweeping higher education plan — a $350 billion proposal that would help millions pay for college and reduce interest rates for people with student loans. The plan, which would change the way a large swath of Americans pay for college, borrows ideas from the left and the right and even expands a program enacted by her husband. It includes ideas already being discussed in Congress and for which groundwork has been laid by the Obama administration. The proposal, dubbed the New College Compact, is unlikely to win over many in the GOP because...
  • How Taxpayer Subsidies for Students Drives Up College Tuition

    08/06/2015 7:46:31 AM PDT · by SeekAndFind · 8 replies
    American Thinker ^ | 08/05/2015 | William f. Shugart II
    Quickly on the heels of the release “Love Gov” -- the Independent Institute’s satirical videos series on meddlesome government -- a new study from the Federal Reserve Bank of New York concludes that federal aid to college students raises the cost of higher education. Duh! Many observers have been puzzled by the relentless increase in tuitions charged by private and public schools alike -- at a growth rate greater than that of any component of the consumer price index, including health care. Some blame the price increases on the greed of campus administrators. But that assessment is an unfair...
  • GW Admissions Goes “Test-Optional”

    07/30/2015 7:48:12 AM PDT · by Academiadotorg · 20 replies
    Accuracy in Academia ^ | July 29, 2015 | Spencer Irvine
    Standardized tests such as the ACT and SAT are no longer required by George Washington University. In its weekly e-mail newsletter, the school proudly announced this shift in its admissions process. The move is effective August 1st, 2015, meaning that “those applying to GW for the 2016-17 school year will have the option to include” the test scores in their application or not to. What is the reasoning behind this? The school claimed the following: “High school coursework and grades will continue to be the most important factors in GW’s holistic review process, along with a student’s writing skills, recommendations,...
  • Why Financial Aid Helps Colleges More Than Students

    07/13/2015 9:09:33 AM PDT · by SeekAndFind · 5 replies
    Forbes ^ | 07/13/2015 | Jeffrey Dorfman
    College affordability is a hot political topic these days, with President Obama pushing to make two-year community colleges free for all Americans. People want college to be affordable both to raise future productivity and to address inequality issues by equalizing access to higher education as much as possible. Yet as important as this issue it, it has also been one fraught with misguided policy and is a perfect example of the law of unintended consequences. New research by economists at the Federal Reserve Bank of New York shows exactly how bad the flaws in our current government policies are. David...
  • Miami A 'Sanctuary City' For Undocumented Immigrants

    A Man behind bars in San Fransico facing murder charges by many are wondering how he was still in the U-S after he'd already been deported five times, but never left the country. San Francisco is a 'Sanctuary City', meaning local law enforcement is not obligated to report illegal immigrants to federal authorities. Immigration Attorney Nera Shefer says Miami is also a sanctuary city, and something like this could possibly happen in our back yard.
  • A teaspoon of sugar: Many college kids are depending on sugar daddies to pay for their tuition

    06/19/2015 4:55:01 PM PDT · by SeekAndFind · 41 replies
    The Economist ^ | 06/18/2015
    NEARLY three-quarters of the graduates now leaving America’s colleges are saddled with debt. On average, they owe $35,051. By comparison, roughly half of all graduates carried debt in 1995 and it averaged less than a third as much, says Edvisors, which tracks student aid (see chart). As the cost of university has risen, so has the number of “sugar babies” who pay for it by selling companionship and sex to wealthy older men. Monthly pay for this is typically about $3,000, though some “sugar daddies” offer much more. According to SeekingArrangement, a firm based in Las Vegas, two-thirds of sugar-baby...
  • Suit challenges South Carolina tuition rules [instate tuition for illegals]

    06/14/2015 4:01:56 AM PDT · by Cincinatus' Wife · 14 replies
    The Augusta Chronicle ^ | June 09, 2015 | Seanna Adcox
    "......Attorney Michelle Lapointe with the Southern Poverty Law Center said Tuesday the regulations often make it impossible for talented, high-achieving citizens to afford college, as the out-of-state rate can be triple the cost of in-state tuition. Non-residents also cannot receive lottery-backed state scholarships, need-based grants or tuition assistance."
  • These 5 new charts show parents aren't prepared to pay for their kid's college education

    06/11/2015 8:57:23 AM PDT · by SeekAndFind · 27 replies
    Business Insider ^ | 06/11/2015 | Libby Kane
    According to data from the College Board forecasted by NerdWallet, the average cost of tuition for kids born in 2015 who attend a private four-year college 18 years from now will be $261,793.For those kids attending a public four-year college, it will be $133,528.No wonder some parents start thinking about paying for college before their children are even born.In its latest report, How America Saves for College 2015, student lender Sallie Mae and market research company Ipsos surveyed nearly 2,000 American parents with at least one child under the age of 18 to find out how families are thinking about...
  • US will erase student debt for Corinthian students

    06/09/2015 1:35:33 AM PDT · by 2ndDivisionVet · 14 replies
    The federal government will erase much of the debt of students who attended the now-defunct Corinthian Colleges, officials announced Monday, as part of a new plan that could cost taxpayers as much as $3.6 billion. Corinthian Colleges was one of the largest for-profit schools when it nearly collapsed last year and became a symbol of fraud in the world of higher education and student loans....
  • Overeducated Writer Explains Why He Defaulted On His Student Loans, Asks "Am I a Deadbeat?"

    06/07/2015 2:33:27 PM PDT · by SeekAndFind · 63 replies
    Zero Hedge ^ | 06/07/2015 | Tyler Durden
    There are some valid points raised in Lee Siegel's 1100 word rant against college loans (if not so much against college education). There are some bad ones. But two things are clear: the words "personal" and/or "responsibility" were used precisely zero times, and the op-ed writer, who described himself as "the author of five books who is writing a memoir about money", is hardly a glowing advertisement for an education attained (funded with either debt or equity) at one of the Ivy League's "best", Columbia University.That, or the return on money after spending nearly a decade in university and...
  • Arizona State has doubled tuition, finds $500K to give to Clintons

    05/30/2015 12:18:01 AM PDT · by Libloather · 38 replies
    Campus Reform ^ | 5/28/15 | Kaitlyn Schallhorn
    While Arizona State University has almost doubled its tuition over the past 10 years amid claims that it needs more state money, the school somehow had the funds to give half a million dollars to the Clinton Foundation. According to The Arizona Republic, the public university paid $500,000 to the Clinton Foundation to host the former president-Bill Clinton; former-Secretary of State Hillary Clinton; and their daughter, Chelsea, during a Clinton Global Initiative University (CGI U) event in 2014. Former Secretary of State Hillary Clinton, Bill’s wife, is the current front-runner for the Democratic nomination for the 2016 presidential race. Mark...
  • Sky-High College Costs and Student Mental Health Care

    05/28/2015 7:58:59 AM PDT · by SeekAndFind · 9 replies
    American Thinker ^ | 05/28/2015 | By Christopher Carson
    Track star and Ivy-League freshman student Madison Holleran, age 19, had been a “happy go lucky,” though achievement-oriented, kid all her life, according to her father. She had no history of mental illness. At home for Christmas break last year, she broke down and told her parents that she had been having suicidal thoughts and was depressed. Her mother said that “I was shocked. She’s never been depressed before,” according to the Daily Mail. “I knew she needed a therapist, but I couldn’t get her an appointment because it was weekend.” Madison seemed to respond somewhat to the TLC she...
  • Democrats Seeking Pell Grants for Inmates at the Expense of the Law Abiding

    05/23/2015 8:59:59 AM PDT · by 2ndDivisionVet · 19 replies
    Red Statements ^ | May 23, 2015 | Steven Ahle
    Six democrats are seeking to grant Pell Grants to inmates in prison. They claim that it will make them desirable applicants to companies when they get out of prison. Hey liberals, believe it or not companies aren’t clamoring for graduates of Stu’s University online even if they haven’t knocked off a bank or raped small children. So, why would these cons be employable? Of course, if they were to take computer classes they might stop mugging senior citizens and join the growing identity theft industry. It’s also important to know that there is not an endless pool of money in...
  • Teen Genius Solves College Loan Conundrum that So Baffles President Obama

    05/22/2015 12:03:53 PM PDT · by SeekAndFind · 27 replies
    Townhall ^ | 05/22/2015 | Charlotte Hays
    A brilliant young man has single-handedly solved the problem of college loan debt. It was a daringly simple maneuver! Tennessee high school senior Ronald Nelson, Jr., who is a National Merit Scholar, star athlete, sax player, SAT high scorer, and student body president, turned down acceptances from eight Ivy League colleges and will instead attend the University of Alabama this fall. Young Ronald seems to have absorbed at an early age a lesson that eludes many youths (and those who have long since left youth behind): avoid going head over heels in debt. This is not to denigrate an Ivy...
  • Bernie Sanders makes the pitch for free college tuition

    05/19/2015 10:28:18 PM PDT · by 2ndDivisionVet · 25 replies
    MSNBC's The Rachel Maddow Show ^ | May 19, 2015 | Steve Benen
    Even Sen. Bernie Sanders’ (I-Vt.) most ardent supporters would probably concede, albeit grudgingly, that he faces very long odds in the 2016 presidential race. So why run? Because there’s value in having a national platform for bold, progressive ideas that might otherwise be ignored. Bloomberg Politics reported yesterday, for example, on Sanders’ new plan to make public college tuition-free in the United States. The plan will provide tuition-free higher education to students at four-year colleges, the statement said, and is modeled after the way many European nations handle the costs of college. “Countries like Germany, Denmark, Sweden and many more...
  • Race, Socioeconomics and Funding

    05/14/2015 7:51:32 AM PDT · by Academiadotorg · 3 replies
    Accuracy in Academia ^ | May 14, 2015 | Nick Kowalski
    At the South by Southwest education conference in Austin, Texas recently, on a panel entitled “What’s Next for Access and Affirmative Action?” administrators such as Anne-Marie Nunez from the University of Texas (UT) system revealed some of their thought processes. Nunez, an associate professor of Educational Leadership and Policy Studies at UT, San Antonio, explained that one of her projects included an initiative designed for Latina immigrants in California. When “underrepresented minority students” were instructed “to think about sociopolitical issues,” they “began to build more of a sense of entitlement,” she said, adding that it is “a different kind of...
  • University to host first summit for undocumented students in higher education

    05/01/2015 10:15:13 AM PDT · by Oldeconomybuyer · 5 replies
    UC President Janet Napolitano and the President’s Advisory Council on Undocumented Students will host a national summit on undocumented students from May 7-8. The invitation-only conference, which aims to discuss the needs and challenges that undocumented students face in higher education, will bring together undocumented youth leaders, immigration advocates, researchers, government officials, artists and funders from across the country. This is the first time the university is hosting a summit on undocumented students, according to UC Office of the President spokesperson Shelly Moron. Moron added that the summit expands upon Napolitano’s previous work, such as her distribution of $5 million...
  • OpEd: Texas economy could freeze up if school opportunities for undocumented are limited

    04/30/2015 1:00:36 PM PDT · by Oldeconomybuyer · 10 replies
    FOX News Latino ^ | April 30, 2015 | By Dolores Sosa Green
    To borrow a quote from Game of Thrones, which recently had its season 5 premiere, “Winter is coming.” This is what can happen in Texas, our economy could start to freeze up, if we limit educational opportunities for undocumented students in Texas by passing Senate Bill 1819. It would end the dreams of thousands of Texas high school graduates, who have lived here since they were children, and rely on in-state tuition regardless of immigration status. The push to rescind 14 years of in-state tuition to these students, known as Dreamers, will greatly impact the Texas economy — a college...
  • North Texas Community Colleges Have State's Highest Number of Undocumented Students

    04/28/2015 11:37:50 AM PDT · by Oldeconomybuyer · 5 replies
    KERA News (NPR) ^ | April 28, 2015 | By STELLA M. CHÁVEZ
    Texas legislators are debating whether to repeal the Texas Dream Act. Signed by then-Governor Rick Perry in 2001, the law allows certain undocumented students to pay in-state tuition. A recent Texas Tribune analysis revealed that the majority of undocumented students who pay in-state tuition rates don't attend four-year universities – they’re in community colleges. And most are in school here in North Texas. Like many immigrants, Alejandra Miranda and her parents left their native El Salvador for a “better life.” That was 12 years ago. She’s 23 now and enrolled at North Lake College in Irving. As she sat in...
  • In-state tuition bill falls one vote short (Tennessee)

    04/23/2015 10:13:52 AM PDT · by SharpRightTurn · 21 replies
    WSMV TV (Nashville) ^ | Apr 22, 2015 | Hayley Mason
    NASHVILLE, TN (WSMV) - A bill that would offer in-state tuition for undocumented immigrants in Tennessee failed to pass the legislature on Wednesday. View from the Hill State lawmakers argued for more than two hours on the bill that has been four years in the making. The issue had bipartisan support, but many teetered on if this was an education issue or about immigration reform. Ultimately, the bill failed by a single vote. Several students dressed in graduation caps and gowns came to the state House to support the bill. They carried signs to represent the jobs they hope to...
  • How colleges misspend your tuition money

    04/15/2015 2:28:57 PM PDT · by SeekAndFind · 26 replies
    The Week ^ | 04/15/2015 | Ted Scheinman
    I am on the phone with a humanities professor at a small, nationally revered liberal-arts college, and she is telling me about the seltzer situation in the faculty lounge. "You know, the dean said we need to get the beverages out of there." "And that's, like, a hygiene thing?" "No, it's because they're worried we're spending too much on Diet Coke and those aluminum cans of seltzer." "Oh." "And the president just replaced his hood ornament with a Fabergé egg. Our Manhattan consulting firm said it was the only way to upstage Dartmouth." OK, I made up the egg thing,...
  • Faculty salaries aren't causing tuition hikes, AAUP says

    04/15/2015 7:03:27 AM PDT · by Oldeconomybuyer · 18 replies
    The Daily Tar Heel ^ | April 15, 2015 | BY HALEY MCDOUGAL
    University tuition continues to rise, but the tendency of some critics to blame the trend on overpaid professors might not be an accurate one. When university administrators in the UNC system and nationwide decide to increase tuition, they often cite the need for funds to retain faculty as a reason for the hike. Still, according to an annual report about myths of professor pay from the American Association of University Professors, faculty salaries are not the primary cause of higher student costs — cuts to state support and declining university endowments are to blame. But Jenna Robinson, president of the...
  • Rand Paul: College tuition should be a tax writeoff

    04/11/2015 1:14:11 PM PDT · by 2ndDivisionVet · 74 replies
    The Washington Post's Post Politics ^ | April 11, 2015 | Katie Zezima
    IOWA CITY, Iowa - Sen. Rand Paul called Friday for college tuition to be a tax writeoff in his first direct pitch to young voters of his presidential campaign. Paul used the power of the pocketbook, along with calls for electronic privacy and reforming the criminal justice system, to appeal to what he called the "Instagram generation," a constituency he sees as vital to his nascent presidential campaign. Paul blasted President Obama's plan for free community college, telling the crowd of a few hundred people, mostly students, that it won't work because someone has to pay for professors and facilities....
  • Why Should Taxpayers Bail Out Students Buried in Debt?

    04/09/2015 2:10:09 PM PDT · by SeekAndFind · 68 replies
    IBD ^ | 04/09/2015 | JOHN MERLINE
    On Wednesday, National Public Radio had a spot about how some states are reviewing laws on their books that let them yank driver's or professional licenses from those who default on their student loans. To set the story up, the NPR reporter focused on the plight of Clementine Lindley, who recalls how after graduating she had to "decide whether to pay rent, buy food or make her student loan payments" because her debt was so massive. How did Lindley rack up so much debt? NPR doesn't say, but a little sleuthing shows that Lindley got her Bachelor's degree in "Liberal...
  • Reduce Out-of-Control College Costs by Ending Government Subsidies

    04/06/2015 9:05:00 AM PDT · by SeekAndFind · 8 replies
    Townhall ^ | 04/06/2015 | Daniel J. Mitchell
    IÂ’ve written many times about the shortcomings of government schools at the K-12 level. We spend more on our kids than any other nation, yet our test scores are comparatively dismal. And one of my points, based on this very sobering chart from one of my Cato colleagues, is that AmericaÂ’s educational performance took a turn in the wrong direction when the federal government became more involved starting about 40-50 years ago. Well, the same unhappy story exists in the higher-education sector. Simply stated, thereÂ’s been an explosion of spending, much of it from Washington, yet the rate of return...
  • A revolt is growing as more people refuse to pay back student loans

    04/02/2015 10:13:22 AM PDT · by SeekAndFind · 93 replies
    Washington Post ^ | 03/31/2015 | By Danielle Douglas-Gabriel
    Remember those 15 people who refused to repay their federal student loans? Their “debt strike” has picked up 85 more disgruntled borrowers willing to jeopardize their financial future to pressure the government into forgiving their student loans. And the government is starting to listen. The Consumer Financial Protection Bureau has invited the group to Washington on Tuesday to discuss their demand for debt cancellation. Although the CFPB doesn’t have the power to grant that request, the agency’s overture shows that the strike is being taken seriously. It’s been a month since 15 former students of the failing for-profit giant Corinthian...
  • College Debt Bubble Crisis: 33% Of All Student Loans Are Delinquent On Repayments

    03/31/2015 1:47:59 PM PDT · by SeekAndFind · 40 replies
    Market Daily News ^ | 03/31/2015 | Mac Slavo
    With all of that job creation being claimed by the Obama administration and disseminated by mainstream media outlets as signs of a sustained recovery youÂ’d think most college graduates would have no trouble keeping up with their bills. But new data released by the Department of Education tell a different story. According to the report as many as 33% of American college grads with student loan debt are now in delinquent status on their repayments. About one-third of borrowers with federal student loans owned by the U.S. Department of Education are late on their payments, according to new federal data.The...
  • The greed of super wealthy liberal colleges is astounding

    03/28/2015 11:11:21 AM PDT · by SeekAndFind · 35 replies
    American Thinker ^ | 03/28/2015 | NewsMachete
    According to the Washington Post, New York University is charging $66,000 a year in tuition.  This includes room and board but is still a fantastically expensive figure.  Columbia University is charging $63,000 a year, and even less well-known schools like Sarah Lawrence College and Harvey Mudd College are charging about $65,000 a year. Now, to be fair, these figures include room and board.  But even with room and board, these are fantastically expensive rates.  Many schools like NYU play a game, where they say that their asking tuition is $66,000, but after scholarships and grants, the average tuition is...
  • The Culture of Entitlement: Somebody Else Should Pay for My College Tuition!

    03/21/2015 10:54:21 AM PDT · by SeekAndFind · 26 replies
    Pajamas Media ^ | 03/21/2015 | Michael Walsh
    The headline on this op-ed piece in the Washington Post says it all: College applicant: I got in! But I can’t afford it. Was all my hard work for nothing? The author of the piece is a high-school senior in Lousiana who just got admitted to Tulane, so let’s cut her some slack here. But what does it say about the success of President Obama’s constant yammering about how college should be “free” (incrementally, of course, beginning with community college, but we’ve all seen this leftist movie before and know where it’s going)? A lot, is what: I am...
  • MARK CUBAN: Here's how to fix America's crippling student debt crisis

    03/11/2015 8:18:51 AM PDT · by SeekAndFind · 37 replies
    Business Insider ^ | 03/11/2015 | Peter Jacobs
    After 114 years, Sweet Briar College revealed last week that it would close after the spring 2015 semester, an abrupt announcement that shocked many in the world of academia. "This is just the beginning of the college implosion," Mark Cuban tweeted last week, after the news about Sweet Briar, an all-women's college in Virginia. Cuban, the well-known entrepreneur and billionaire investor, was not surprised by the news. For years, Cuban has warned of a "student loan bubble" created by skyrocketing tuition fueled by an endless supply of student loans. "At some point, it's going to pop," Cuban told Business Insider...
  • MARK CUBAN: Forgiving $1 trillion in student debt is 'the worst thing we could do'

    03/10/2015 11:22:10 AM PDT · by SeekAndFind · 18 replies
    Business Insider ^ | 03/10/2015 | Peter Jacobs
    While the closing of Sweet Briar College last week caught many people in higher education by surprise, some saw it as an early sign of an inevitable college implosion. For years, entrepreneur and billionaire investor Mark Cuban has warned of a "student loan bubble" created by skyrocketing tuition and fueled by an endless supply of student loans. A radical solution to the student loan problem would be to forgive all student debt, as a viral essay by Robert Applebaum proposed six years ago. However, Cuban thinks massive student loan forgiveness would just make the bubble keep expanding. "Forgiving the debt...
  • City University Refunds Illegal Aliens Who Paid Out-of-State Tuition

    03/03/2015 9:13:22 AM PST · by Enlightened1 · 10 replies
    Breitbart ^ | 3/3/15 | Breitbart
    City University of New York is returning thousands of dollars to about 150 immigrant students who live illegally in the U.S. and overpaid for their tuition. A student group called CUNY Dreamers told school officials late last year that many immigrant students from New York paid higher, out-of-state tuition even though they were eligible for in-state rates, a difference of about $4,000 per semester. A CUNY spokesman said administrators conducted a review of enrollments on CUNY’s 24 campuses and began the process of returning excess payments. New York is among 19 states that allow in-state tuition for immigrant students. Its...
  • A Tuition-Free College Degree

    02/09/2015 2:18:58 AM PST · by 2ndDivisionVet · 19 replies
    EduCause ^ | November 10, 2014 | Shai Reshef, Founder and President of University of the People
    I would like to share with you a new model of higher education—a model that, once expanded, can enhance the collective intelligence of millions of creative and motivated individuals who otherwise would be left behind. Look at the world. Pick a place and focus on it. You will find people chasing higher education. Let's meet some of them. Meet Patrick. Patrick was born in Liberia to a family with twenty children. During the civil war, he and his family were forced to flee to Nigeria. There, in spite of his situation, he graduated from high school with nearly perfect grades....
  • Obama’s student-loan program $22 billion in the hole for FY2015

    02/05/2015 8:02:22 AM PST · by SeekAndFind · 8 replies
    Hotair ^ | 02/05/2015 | Ed Morrissey
    In the federal budget, just how big a hole would $22 billion be? As Michael Grunwald points out at Politico, that’s “larger than the annual budget for NASA, or that of the Interior Department and EPA combined[.]” And the shortfall is entirely due to the changes Barack Obama has made to student-loan programs — and could grow to ten times that amount over the next decade: In obscure data tables buried deep in its 2016 budget proposal, the Obama administration revealed this week that its student loan program had a $21.8 billion shortfall last year, apparently the largest ever...
  • University of California Pension Costs Force Tuition Increase

    01/16/2015 1:02:35 PM PST · by ThethoughtsofGreg · 11 replies
    American Legislator ^ | 1-16-15 | Ben Wilterdink
    Time and time again, California proves itself to be a what-not-to-do handbook for states looking to responsibly balance their budgets. This reputation was clearly on display by the University of California Board of Regents’ decision to increase the cost of tuition by 25 percent over the next five years. The increased tuition won’t be going to make improvements for students but rather will almost certainly go directly into funding for UC’s underfunded and mismanaged pension system. The University of California Retirement Plan (UCRP) is facing a major shortfall. In making sure that it is funded adequately enough to pay current...
  • Ann Coulter: As Long as Obama Brought Up the Cost of College...

    01/15/2015 9:21:21 AM PST · by SeekAndFind · 44 replies
    Townhall ^ | 01/15/2015 | Ann Coulter
    I gather from Obama's "free" community college proposal that his plan for dealing with the Republican Congress over the next two years is to throw out ridiculously expensive ideas no one has ever heard of before, and then denounce Republicans for being naysayers. Community college is already incredibly inexpensive. The only thing that will jack up the price is making it "free." How about a big federal program to provide every American with free toilet paper? Coincidentally, that's about all most college degrees are good for these days. Obama's moronic proposal has presented the GOP with a fantastic opportunity. Since...
  • Is “free” community college just another out of touch elitist scheme? [Obamacare for college]

    01/13/2015 7:57:46 PM PST · by SeekAndFind · 10 replies
    Hotair ^ | 01/13/2015 | Bruce McQuain
    The short answer is “yes”. Megan McArdle makes the point : Higher education is becoming the ginseng of the policy world: a sort of all-purpose snake oil for solving any problem you’d care to name, as long as we consume enough of it. Education is a very good thing, but it is not the only good thing. An indiscriminate focus on pushing more people into the system is no cure for society’s ills–and indeed, often functions as a substitute for helping the people who are struggling in the current system. In fact (beside the fact we can’t afford “ObamaCare...
  • Obama's "Free Education" proposal: A Community-College Plan Doomed to Fail

    01/13/2015 7:33:12 AM PST · by SeekAndFind · 31 replies
    National Review ^ | 01/13/2015 | The Editors
    The logic behind the “free” community-college program President Obama announced last week is understandable. A high-school education once put many well-paying jobs within reach of Americans. Today, post-high-school work is increasingly necessary. So President Obama has proposed that two years of community college be free for students in most programs, accompanied by more oversight and accountability from Washington. The problems begin where they did with efforts to improve elementary and secondary education from Washington: Why is a locally provided good the concern of the federal government? And since when was America’s K–12 educational system, let alone the federal government’s attempts...
  • Obama's "Free Education" proposal: A Community-College Plan Doomed to Fail

    01/13/2015 7:33:02 AM PST · by SeekAndFind
    National Review ^ | 01/13/2015 | The Editors
    Two stars from the Seattle Seahawks took time away from the field to cut an ad shilling for Obamacare. The ad, posted Friday, features Seahawks quarterback Russell Wilson and rhetorically explosive cornerback Richard Sherman touting the benefits of President Obama’s healthcare law and its web portal