PLUS Loans: Subtraction by Addition?
Student loan debt remains a burden for millions of college graduates and dropouts, but the federal government has not yet hit the brakes on its loan engine. Now, it’s becoming…
Student loan debt remains a burden for millions of college graduates and dropouts, but the federal government has not yet hit the brakes on its loan engine. Now, it’s becoming…
In 1965, President Lyndon Johnson signed the Higher Education Act into law, inserting the federal government irrevocably into the inner workings of America’s colleges and universities. The bill increased federal…
The Department of Education’s method for awarding college students financial aid has many perverse effects. It contributes to rising tuition, keeps students in the dark about their aid eligibility for…
It’s been 30 years since then-Education Secretary William J. Bennett took to the pages of The New York Times to chide colleges for their “greedy” behavior. He decried the negative effect…
Many Americans are concerned about the rise of university tuition. “The Bennett Hypothesis Turns 30,” a research paper by Jenna A. Robinson, merges findings from 25 empirical studies on the “Bennett…
On December 19, the U.S. Department of Education announced that as of the end of the year, it would no longer allow students to use federal aid money at the…
For all of the words devoted to our student loan mess (or "crisis" or "bubble"), little has been written on its origins. We know that student loan debt now exceeds $1 trillion and that many young Americans are struggling with a heavy burden, but how things got that way is largely a mystery.
Turning government generosity into scams: Income-Based Repayment and Public Service Loan Forgiveness