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Mark Cuban: Will Your College Go Out of Biz?

Posted by Larry Doyle on January 28th, 2013 12:10 PM |

Last spring as part of a continuing effort to address the Student Loan Crisis here at my blog, I wrote Why So Many Colleges May Fail. That particular commentary went viral in the blogosphere.

Clearly the topic of higher education in general and the funding of higher education specifically is forefront in the minds of many American families. There are many thousands of good reasons for families to be concerned.  (more…)

America’s Trillion Dollar Student Loan Train Wreck (with Video)

Posted by Larry Doyle on October 27th, 2012 6:44 AM |

Can you imagine the media coverage of a train wreck in which the passengers largely consisted of hundreds of thousands of American college, university, and graduate students? Every news outlet in this nation would set up shop by the roadside to cover that massive human interest story.

Well, that train wreck is playing out in slo-motion each and every day in our country. Is that right? Yep, and it has garnered little of the requisite attention it deserves. Let’s navigate and take a personal look inside the trillion dollar student loan disaster. Interesting that it takes coverage from Euronews to shine a light on this pileup. (more…)

Student Loan Crisis: Why So Many Colleges May Fail?

Posted by Larry Doyle on May 19th, 2012 7:21 AM |

“We know the model is not sustainable,” said Lawrence T. Lesick, vice president for enrollment management at Ohio Northern University. “Schools are going to have to show the value proposition. Those that don’t aren’t going to be around.”

(The New York Times; May 14, 2012)

Very few topics have received as much attention here at Sense on Cents as the student loan crisis.

In my opinion, the size, scope, and impact of this problem is an enormous anchor weighing down  our next generation and our nation’s economy.

Make no mistake, this anchor is not only impacting thousands of students and families but is also having an equally burdensome impact on colleges and universities nationwide.

I choose my words carefully here. The other day I entitled my commentary, Student Debt Bubble: Impending Doom for Colleges.

Doom is a strong word. Why did I choose it? Let’s navigate. (more…)

Student Debt Bubble: Impending Doom for Colleges

Posted by Larry Doyle on May 14th, 2012 11:27 AM |

“We know the model is not sustainable,” said Lawrence T. Lesick, vice president for enrollment management at Ohio Northern University. “Schools are going to have to show the value proposition. Those that don’t aren’t going to be around.”

(The New York Times; May 14, 2012)

The student loan debt bubble is beginning to get a LOT of attention. As well it should.

That attention is deserved when a level of debt surpasses $1 TRILLION. The New York Times drew further attention to this situation this weekend in an extensive and very personal commentary, A Generation Hobbled by the Soaring Cost of College.

I have tried to draw focus to the MASSIVE size of this problem and its accompanying implications over the course of the last year in writing the following:  (more…)

Student Loan Debt Bomb’s Collateral Damage

Posted by Larry Doyle on February 28th, 2012 6:46 AM |

The cost of college and the accompanying burden of student loan payments are having an enormous impact across many segments of our economic landscape.

From basic consumer spending habits to decisions on living arrangements and so much more, recent college grads are facing a decidedly different economic future than their counterparts a decade or two ago.

I ask once again, Are Student Loans an Impending Bubble? Is Higher Education a Scam?

Many people in the field do forecast an impending student loan debt bomb. Why should we be concerned? For the very simple reason that the bomb is ENORMOUS!! (more…)






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