A Shared Responsibility I asked my colleague, Sandi Kirshner, our chief of public policy for higher education issues, what she thought about this question. She had some great insights, which she posted on our FWD education blog. Key among them were these: Students must become smart about financial aid and college financing well prior to arriving at college. The U.S. Department of Education now requires all colleges to post on their websites a net price calculator which Read more here
Down Payment on Broader Affordability Before we engage in a discussion about the value of college and how to pay for it, it’s important to remind ourselves that we need a lot more people with postsecondary degrees and credentials. There is overwhelming evidence that the vast majority of new jobs require advanced skills. That reality makes postsecondary education the new gateway to the middle class in America, which means that people will likely be poor in the future if they choose Read more here
More Needs to be Done For Borrowers President Obama’s decision to implement new income based repayment standards on an expedited basis is a welcome move for students. Until this announcement, the income-based repayment program has lacked sufficient press coverage and servicer support. Only about 450,000 borrowers are taking advantage of the option to date, when estimates show 1.6 million borrowers are eligible. The Administration and U.S. Department of Education should create Read more here
Costs and Priorities Are Out of Balance As my 17-year-old son and I toured a major, state university campus this fall, we were surprised by the large, indoor water park on campus, complete with a 3-story slide and 40 person hot tub. And this, we were told, is the smaller of the two university recreational facilities. Earlier in the tour, the chemistry auditorium was cramped, overheated and clearly had not be renovated in decades. Costs and priorities are out of balance in Read more here
Students Need to Pay, We Need to Help Kudos to President Obama for acting to get student debt under control. Kudos to National Journal for raising the issue of paying for college. But I was surprised to search the question for the word “saving” and find not even the word, much less the concept. Even the president barely mentioned saving for college in his Denver speech, and then only in reference to his own family. I should not have been surprised at either omission. For it has been my Read more here
Having to Repay Loans Is So Pre-Obama For decades, our nation has spent money we don't have to finance things we want. Republicans have done it to finance tax breaks and military spending; Democrats to pay for discretionary spending and entitlements. The result is reckless deficit spending that is slowly bringing us to a very dangerous pass. President Obama came to office pledging that we were done "kicking the can down Read more here
July 8, 2011 - Many school districts believe that by implementing strong nutrition policies and practices, their schools will have less revenue derived from food and beverage sales. Nevertheless, a new CDC fact sheet shows otherwise.