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Education-How Can We Manage Student Debt?

Troubling Student Loans

By THE EDITORIAL BOARDAPRIL 28, 2014 NYTimes College students who borrow from private lenders often assume that private and federal student loans work the same way. The two could not be more different. Federal loans, for example, have low, fixed rates and broad consumer protections that permit people who run into trouble to make lower, […]

How One Michigan City Is Sending Kids To College Tuition-Free

by NPR STAFF April 16, 2014 3:41 AM ET Paying for college presents a tremendous hurdle to many families, from wading through paperwork and navigating financial aid to understanding the long-term implications of college debt. But what if the city you lived in footed the bill for college? That’s what Kalamazoo, Mich., has been doing […]

A Quick Way to Cut College Costs

By STEVE COHENMARCH 20, 2014 NYTimes COLLEGE admission notifications have begun to arrive. With every thrilling acceptance comes something far less welcome: the heart-stopping reality of what it all costs. Tuition has risen almost 1,200 percent in the last 35 years, and the sticker price for many four-year private colleges and out-of-state public universities exceeds […]

Mich. tuition plan would pay it forward

David Jesse, Detroit Free Press 8:57 p.m. EDT March 18, 2014 USA Today DETROIT — The latest, greatest idea for making a college education affordable sounds simple enough — students can attend school for free. But there’s a catch. In return for free tuition, students have to agree to pay a fixed percentage of their […]

Rubio and Obama have a plan to pay off your college debt

March 18, 2014 12:00 am • Bloomberg News The following editorial appears on Bloomberg View: Republicans and Democrats in Washington are expected, if not required, to disagree. So it’s both surprising and encouraging to find two Republicans proposing social programs that are more ambitious than the president’s. The Republicans in question are Sen. Marco Rubio […]

Of Debt + Degrees

MARCH 01, 2014. BY POOJA BHATIA ozy.com nly in post-recession America could the indebted masses become a constituency — and a potential market. Call them Generation Overleveraged. A whopping 40 million Americans owe an even more whopping $1.2 trillion in student-loan debt. The amount surpasses every other type of household debt except mortgage debt. While […]

Progressive Push on Debt

March 7, 2014 By Michael Stratford Inside Higher Ed A coalition of progressive groups on Thursday formally began a new campaign aimed at curbing rising student debt and reducing the price of college. The group of think tanks, student organizations, consumer advocates, and unions is targeting the country’s “increasingly dysfunctional system of higher education,” said […]

Knezek, fellow Michigan legislators propose major change to student loan program

Published: Wednesday, February 12, 2014 By Joe Slezak Press & Guide Newspapers LANSING — Rep. David Knezek (D-Dearborn Heights) was one of three state legislators to introduce a measure Tuesday that would change the way college student loans are paid back. He teamed with Rep. Theresa Abed (D-Grand Ledge) and Sen. Jim Anaich (D-Flint) to […]

Risky Business: Why Student Loans Are The Worst Way To Fund College

Josh Freedman, Contributor 2/10/2014 @ 9:00AM Forbes As the number of students attending colleges and universities has steadily increased and the cost for most students has climbed even faster, student debt figures (both total and per person) have continued to get bigger. Arguments about the likelihood of a “higher education bubble” abound. Struggles with loan […]

A Third Perspective: Solving America’s student debt epidemic

By Ethan Gauvin Published: Friday, February 7, 2014 The New Hampshire Shortly after President Obama’s State of the Union address, Generation Progress, a progressive think tank, asked Millennials what issues mattered most to them in 2014. An overwhelming majority of respondents indicated that they were most concerned about student loan debt, rising interest rates and […]