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...
In racing lingo, "DNF" stands for “Did Not Finish.” Unless getting to the finish line is a simple straight-line drag race, winning a race takes a lot more than horsepower and can be as dependent upon: brakes that allow the highest approach speeds to corners, suspension and downforce that keep the car on the track while navigating corners, and a support crew that can change tires and add gas fa...
The current shakeout in higher education won’t necessarily leave a gap in terms of accessibility, since workforce demands will ensure some form of credentialing replaces it. But the value of what fills the gap is an open question. ...
As the head of public system, advocating for funding to support greater access to higher education was a given. Postindustrial economies depend on a highly educ...
Colleges and universities were hit hard by the COVID crisis. The American Council on Education (ACE) estimated a total impact of $120 billion in a recent letter to legislators. That number reflects both direct expenses and lost revenues. It is easy to identify the direct expenses associated with testing, cleaning, PPE, remote learning technology and improved ventilation systems. But the lost reven...
Connecticut
Democratic Gov. Ned Lamont delivered a two-year budget plan of $43.1 billion to lawmakers, emphasizing that the state’s crushing fixed costs relative to its pension funds must be addressed. To accomplish this, he proposed restructuring, refinancing the systems’ payments and slowing the rate of increase in the teachers’ pension fund and the state employee pension fund, both of ...
Granite State lawmakers on June 26 approved a $10.7 billion two-year budget with bipartisan support. Members of the Senate, which is controlled by Republicans, unanimously supported the budget, while more than 300 of the 400-member Democrat-controlled House approved the spending package.
Bipartisan agreement on the two-year plan was bolstered by growth in March and April tax revenues, which gener...