January 24, 2013
The Real Cost of College vs. College Spending Per Student

The Real Cost of College vs. College Spending Per Student

1:52pm
(Notes: 408)
  
Filed under: Education College Colleges School Economics Charts 
June 19, 2012
Ending Federal Student Loans Is a Terrible Idea

Student loans have probably never been less popular than they are now. They’re a burden on young adults and a drain on the economy. So why not just scrap the whole enterprise? 

That’s what Ohio University Professor Richard Vedder is suggesting this week on Bloomberg View. He advocates getting Washington out of the student lending game entirely by nixing the Department of Education’s direct loan program without reviving the old system of subsidizing private bank loans. In the meantime, he’d spend some of the savings on additional grants for “low” or “fairly low-income” students. 

Sound reasonable? It’s not.

Read more.

11:28am
(Notes: 90)
  
Filed under: Student loans College Colleges Education 
May 18, 2012
Does It Matter Where You Go to College? Meet Ben. He’s a high school senior from a middle class family in Massachusettes who is choosing where to attend college next year. He’s down to two schools: prestigious Boston College, or the University of Massachusetts at Amherst, his state’s top public campus. Even with the generous financial aid package from BC, he would still graduate with a big mound of loans. UMass, meanwhile, would be more than $15,000 a year cheaper. Which should Ben pick? Prestige or price? With the cost of higher education climbing every year, and student debt surpassing $1 trillion, more and more young people will have to decide whether to make that trade-off. It begs the question: Does it really pay to go to an elite university, financially speaking?  Researchers have been investigating this issue since at least the 1980s. And their findings tend to show that when it comes to future earnings, where you go to college counts. Read more.

Does It Matter Where You Go to College?

Meet Ben. He’s a high school senior from a middle class family in Massachusettes who is choosing where to attend college next year. He’s down to two schools: prestigious Boston College, or the University of Massachusetts at Amherst, his state’s top public campus. Even with the generous financial aid package from BC, he would still graduate with a big mound of loans. UMass, meanwhile, would be more than $15,000 a year cheaper.

Which should Ben pick? Prestige or price?

With the cost of higher education climbing every year, and student debt surpassing $1 trillion, more and more young people will have to decide whether to make that trade-off. It begs the question: Does it really pay to go to an elite university, financially speaking?  Researchers have been investigating this issue since at least the 1980s. And their findings tend to show that when it comes to future earnings, where you go to college counts.

Read more.

8:36am
(Notes: 334)
  
Filed under: Education Schools Colleges Jobs 
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