American higher education is a stunning success, but mostly for the people who work in it. Faculty members and administrators enjoy employment that pays pretty well and is more secure … Continue reading “How Our Higher-Education System Could Put Students First”
In August, the Biden administration, utilizing the HEROES Act of 2003, canceled $10,000 of student-loan debt for most students and $20,000 for those who previously received federal Pell Grants. Not … Continue reading “Don’t Smother Income Share Agreements in their Crib”
While some nerdy people like me thought that college was fun, and so stayed in it for life, for most people it is a chore to be completed with the … Continue reading “Connecting Degree Return-On-Investment with a Better Financing System”
For years, a contentious and sometimes emotionally heated debate has raged over the issue of letting people discharge their student loan debts in bankruptcy. A recent decision opens the door … Continue reading “Court Decision Erases a Huge Student Debt—Is that Good or Bad?”
As priorities shift in the minds of higher education leaders and students, it’s important to take stock of recent changes on the local and national levels. At the Martin Center, … Continue reading “Our Hopes for Higher Ed Reform in 2020”
For years I have railed against the dysfunctional federal student loan program. The availability of cheap federal student loans has enabled universities to increase tuition fees aggressively, helping fund an … Continue reading “New Research Shows Federal Student Aid Is Worse than We Thought”
College is expensive. Even in today’s deeply divided political climate, all Americans seem to agree on that. But while most, if not all, Americans agree that student loan debt is … Continue reading “Income Share Agreements Offer a Promising Alternative to Federal Loans”
Higher education does not produce many flashy, innovating entrepreneurs like Mark Zuckerberg, Steve Jobs, Peter Thiel, or Elon Musk. The non-profit, highly subsidized, and low-incentive culture that universities operate in … Continue reading “Mitch Daniels Has the Right Stuff for Purdue”
Equity funding for college students is attracting attention, but can’t work as long as we have easy government loans.