Category Archives: Student loans

Are Student Loans Immoral?

Millions of grads are saddled with unpayable student loans, yet colleges still say they’re a sound investment. NYU professor Andrew Ross asks if it’s time to stop repaying the loans. Straight talk about the crushing burden of student debt is … Continue reading

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Evaluating Student Outcomes at For-Profit Colleges

Using the Beginning Postsecondary Student Survey, we examine the effect on earnings of obtaining certificates/degrees from for-profit, not-for-profit, and public institutions. Students who enter certificate programs at any type of institution do not gain from earning a certificate. However, among … Continue reading

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The Higher Education Bubble

Student loans are one of the biggest problems facing our country at the moment. Thousands of students attend university and even if they drop out, students still end up with mountains of debt. This debt can follow them throughout their … Continue reading

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The Student Loan “Debt Bomb”: America’s Next Mortgage-Style Economic Crisis?

Americans now owe more on student loans than on credit cards. The amount of student borrowing crossed the $100 billion threshold for the first time in 2010 and total outstanding loans and exceeded $1 trillion for the first time last … Continue reading

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College has been oversold

Educated people have higher wages and lower unemployment rates than the less educated so why are college students at Occupy Wall Street protests around the country demanding forgiveness for crushing student debt? The sluggish economy is tough on everyone but … Continue reading

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Just Don’t Go, the Sequel?

This brings me to my second point, the massive increase in student debt, triggered in a large part by the fact that college tuition continues to rise at a rate much higher than the cost of living. According to CNN, … Continue reading

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Occupy College

The debt-for-diploma system is just one of the many ways it has gotten harder for this generation to either work or educate their way into the middle class. A handmade sign at Zuccotti Park summed it up perfectly: “I went … Continue reading

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Goldman Sachs foray into Higher Education – A Predatory Pursuit of Students and Revenues

Just as the subprime mortgage bubble was giving way to a bust that would help trigger a devastating financial crisis, Goldman Sachs, a firm that had been at the center of Wall Street’s rampant mortgage speculation, found its way to … Continue reading

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Exposing the Student Loan Racket (Infographic)

Student loan debt, now at $830 billion, has surpassed credit card debt—a statement unheard of 20 years ago. Student loans, unlike any other form of debt, Cannot be forgiven via bankruptcy—these loans MUST be repaid. Is this the next bubble … Continue reading

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Student-Loan Debt Among Top Occupy Wall Street Concerns

Student-loan debt has continued to grow despite a financial crisis that constrained credit elsewhere, and the increasing burden amid high unemployment is driving at least part of the protests among the Occupy Wall Street movement. Last year, Americans began to … Continue reading

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