More Than 40% of Student Borrowers Aren’t Making Payments – WSJ

More than 40% of Americans who borrowed from the government’s main student-loan program aren’t making payments or are behind on more than $200 billion owed, raising worries that millions of them may never repay. Source: More Than 40% of Student Borrowers Aren’t Making Payments – WSJ I wrote… The $200 billion is a pittance compared […]

An Admissions Surprise (Or a Marketing Ploy?)

Exclusive schools say they want more diversity. Will a new application process really get them there? Source: An Admissions Surprise From the Ivy League – The New York Times I commented. Since my comments use – as examples –  Washington University’s Chancellor Mark Wrighton and Provost Holden Thorp, here are links to closely related stories about […]

Link to Wash. U. Leaders’ Comments on Aid to Low Income Students

This is the copy I uploaded to my blog. Wrighton_Thorp_Pell_2013-11-22_minutes Here is the original link. Search for Thorp to read about his tenure as President at U. of North Carolina.

Link to Repayment Data

This data was referred to by Kevin Carey and me. Here is the link. College Scorecard Data  

Student Debt Is Worse Than You Think – The New York Times

(This is a second comment on this article.  The previous one is here.)   This information is sadly no surprise to me. In the 80’s I was a math professor at a regional state school.  What I saw there was shocking and disturbing.  (I tried to change it, but to no avail, and with much […]

Why Pretend?

Data on non-repayment rates shows a new dimension of the problem, particularly with for-profit colleges and historically black institutions. Source: Student Debt Is Worse Than You Think – The New York Times I had to take the opportunity to comment that “The Academic-Financial Complex runs what I call a “pass-through” scheme. I understand the academic part well […]

New Data Gives Clearer Picture of Student Debt – But What About Student Assets? Do They Have Them? AND What Data? Appropriate Data? I’m Afraid Not

The increases in debt and default rates are concentrated among students at for-profit and community colleges, even though those students borrow less on average. Source: New Data Gives Clearer Picture of Student Debt – The New York Times Here was my comment. Two points, one just about data, the other simple business sense. First, the […]

Why Students With Smallest Debts Have the Larger Problem – The New York Times

Source: Why Students With Smallest Debts Have the Larger Problem – The New York Times Everyone seems to be looking everywhere but right in front of their nose.  By that, I don’t mean that every problem isn’t important, I just mean that there is an elephant in the room that most people are ignoring. Here […]

How Do Colleges Use FAFSA? I Have Some Notions

A suggestion to remove the college financial aid form called Fafsa led to a discussion that touched on empathy, coddling and fraud. Source: Readers’ Turn: Eliminate Fafsa? – The New York Times Here is what I wrote – which means I think a lot of it should be eliminated, especially if it is misused. “I […]