Posts Tagged: debt

Beyond Sensational Anecdotes, Public Needs to Understand Student Debt and Forgiveness Proposals

The issue of student debt is now at the forefront of public discourse and political debate. There is no question that debt, not just student debt, impacts our economy and hinders the economic wellbeing of many Americans. At the same time, the factors that lead to that debt should not be ignored. Not all student debt is the same, and not all individuals burdened by debt are impacted in the same way...

New Directions for Higher Education: Q&A with Kantrowitz on Scholarships and Debt

In April, NEJHE launched its New Directions for Higher Education series to examine emerging issues, trends and ideas that have an impact on higher education policies, programs and practices. The first installment of the series featured Philip DiSalvio, dean of the College of Advancing & Professional Studies at the University of Massachusetts Boston, interviewing Anthony Bryk, president of t...

Delinquents: Student Borrowing Behavior

Students who left postsecondary institutions before earning a degree or certificate—and students who attended two-year and for-profit institutions—faced delinquency on their student loans at much higher rates than their peers, according to a new study released by the Washington, D.C.-based Institute for Higher Education Policy (IHEP). Delinquency: The Untold Story of Student Loan Borrowing,...

Swimming in Debt, Hebrew College Relocates

Hebrew College of Newton, Mass., announced it will be move its operation to Andover Newton Theological School in 2011 or 2012, contingent on the sale of its current building.The college is facing debt of more than $32 million.Hebrew College offers undergraduate degrees and several master’s degrees and certificates in Jewish Studies and Jewish Education.Hebrew recently teamed up with Northeas...

The New Indentured Educated Class

If only they had their health … President Obama has emphasized the importance of higher education, and recently implemented ambitious higher education finance reform that will serve to benefit college students now and in the future. Although these changes are noteworthy, little has been done to help the many individuals who currently owe student debt, particularly private debt, and are no lon...

Average Student Loan Debt Grows by 6%; NE Hit Especially Hard

Average student loan debt grew to an average of $24,000 per student in the Class of 2009, up 6% over the Class of 2008, according to the latest national report from The Project on Student Debt.The report is especially worrisome for New England where all six states have higher student debts levels than the national average. New Hampshire had the second highest debt load in the nation behind Washing...