iOS app Android app

Higher Education Debt

How A College With 340 Students Lost $220 Million In 5 Years

New England Center for Investigative Reporting | Jon Marcus | Posted 05.27.2014 | College

NEEDHAM, Mass. -- Olin College, with its sleek, glass-walled buildings around a peaceful grass oval, has earned glowing international attention for th...

Higher Education: The Coming Shakeout

Robert Kuttner | Posted 07.26.2013 | Politics
Robert Kuttner

Just as markets over-built housing, mispriced mortgages and bid up prices beyond the real financial capacity of homebuyers, America's colleges and universities have over-expanded and over-priced their product. We are getting an education bubble with dynamics similar to the late housing bubble. As more and more students find themselves with debts that exceed the salaries offered by the current job market, colleges have expanded beyond the capacity of their markets. Some kind of shakeout is coming. The question is: what kind. Clearly, our society cannot afford the current rate of expansion of higher education costs. We've reached the limits of piling these expenses onto students. But as resources become more scarce, as the consequences of over-expansion hit, the social risk is that the shoe will pinch even more intensely in the wrong places.

5 Myths About Student Debt

Mary Nguyen | Posted 05.15.2012 | Education
Mary Nguyen

The increased attention to student debt also has brought about misconceptions that are neither helpful nor productive. Let's take a look at what's fact and what's fiction about student loan debt.