Posts Tagged: student debt

New England’s Disadvantaged Populations Struggle the Most with Student Debt Repayment

Regularly reported statistics about high and growing student-loan debt levels, combined with increased rates of delinquency and default, have prompted calls to address the student-debt “crisis.” For New England, with its highly educated population and large higher education industry, student-loan debt is an important economic policy issue. Over the past decade, all six of the New Engla...

Still Indentured … and Their Parents Too

In 2010, I wrote an essay, "The New Indentured Educated Class," for The New England Journal of Higher Education. This piece was pivotal in raising public awareness about a new group of Americans, an enormous group of us—educated and deeply in debt. At that point, few were talking about the student loan debt crisis, aside from me and a couple of others. However, things have changed—poli...

Pew Words About Student Debt

Nearly one in five American households maintains student loan debt, up from 15% in 2007 and 10% in 1989, according to a recent report from the Pew Research Center.The report also states that rates of student loan debt increased in every demographic group and economic category, and is particularly acute in the bottom and top fifth of income earners.Heightened national awareness of the increase in s...