The hyper-inflation of tuition is well documented. By any measure, the cost of college attendance has increased dramatically. Higher education tends to be debt financed. The student loan bubble may well be like the subprime mortgage bubble -- only worse.
I am a college student who is really tired of hearing Congress argue about college. This week Senate Republicans rejected a bill preventing interest rates on federal student loans from doubling July 1.
Math and science students deserve our support. But does that mean that we should abandon the study of philosophy, the history of art, or the analysis of society and culture? Is public higher education a place for skill acquisition or is it space for teaching young people how to think?
Today, April 4th, 2012, marks the 44th anniversary of Dr. Martin Luther King, Jr.'s assassination. It's a good time to reflect on the state of not only Dr. King's dream, but the American dream at large.
We won! When President Obama signs the health care reconciliation bill on Tuesday, we can crow about a robust public option. I'm not hallucinating. We should savor this victory. Unfortunately, it's not a health care victory.
A bill, which would save the public as much as $80 billion over 10 year by canceling public subsidies for banks making student loans, has caused bankers to spend tens of millions of dollars lobbying against it.