Rising college loan default rates

bluebayou
Sun, 26 Aug 2018 15:06:54 +0000

The federal government, states and institutions also need to make significant investments in college affordability to reduce the number of students who need a loan in the first place.

Before jumping to solutions, one needs to thoroughly examine where the problem is. How much of this default is undergrad vs. grad? (Hint: more of the latter.)

How much is non-profit vs. for profit schools? (hint: more in the latter)

So, perhaps the author should be more clear on where we ‘need’ to make the investments…of course, that would lost the focus of his opinion piece since not many would want to invest more resources in University of Phoenix or more grad degrees in many non-STEM fields.