Archive for the ‘student loans’ Category
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…)
Tags: Mark Cuban, Mark Cuban on colleges going out of business, Mark Cuban on education, Mark Cuban will your college go out of business, student debt bubble, student loan crisis, will your college go out of biz, will your college go out of business
Posted in Education, General, student loans | 10 Comments »
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…)
Tags: cost of public and private education, costs of education, Euronews The Debt Generation with Valerie Zabriskie, how to pay for college, Larry Doyle Sense on Cents, student lending problem, student loan bubble, student loan crisis, Student Loan Train Wreck, student loans, SUNY New Paltz, The Debt Generation, Wall Street-Washington incest
Posted in General, student loans | 2 Comments »
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…)
Tags: Chronicle of Higher Education, education costs, Higher Education Act, higher education problems, how to afford higher education, is college worth it, is private education worth it, issues in higher education, Larry Doyle, Lawrence lesick Ohio Northern University, NAICU, Richard Kneedler Franklin & Marshall, Richard Kneedler report, Sense on Cents, size of student debt problem, student aid, student debt crisis, student loan bubble, student loan crisis, student loans, the cost of higher education, value proposition of colleges and universities, variable rate debt for colleges, who is Richard Kneedler, why colleges may fail
Posted in General, student loans | 9 Comments »
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…)
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Posted in General, student loans | 26 Comments »
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…)
Tags: Are Student Loans the Next Bubble?, college costs, cost of college, effect of rising cost of college, handling student debt, how to deal with rising cost of college, impact of rising cost of college, John Rao NACBA, Lake Erie College of Osteopathic Medicine, Mark Kantrowitz FinAid.org, NACBA, NACBA William Brewer, national Association of Consumer Bankruptcy Attorneys, rising cost of college, Rosell Schenk, student debt, Student debt is Stifling Home Sales, student loan debt bomb, student loans, total amount of student debt, weight of student debt
Posted in General, student loans | 8 Comments »