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David Paterson Can Help Ground Skyrocketing College Tuitions

  • By
  • Michael Dannenberg,
  • New America Foundation
December 21, 2008 |

A not-so-funny thing happened on the way to the housing bubble. We created a college tuition bubble as well. As with housing, a toxic combination of easy credit and unsophisticated and unrealistically optimistic consumers has driven college prices sky-high.

Those prices aren't coming down anytime soon - and as the credit crisis continues, that means there's a risk that students who max out on federal loans and need extra private aid won't be able to borrow enough to afford expensive colleges.

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Higher Ed Watch's Academic Bowl Championship Series

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Changing the Odds for Children at Risk

Monday, December 1, 2008 - 12:15pm

Data show that children who are born in poverty to young, poorly educated parents have much lower chances of succeeding in school, college, and the workforce than their less-disadvantaged peers. They are also at greater risk for a host of negative outcomes, including poor academic performance, being held back a grade, dropping out of high school, being unemployed, and participating in criminal activity.

Student Debt Grows; Financial Aid Application Rates Rise | Capital News Service

November 21, 2008
"Private loans are a terrible tool for promoting college access," said Stephen Burd, a senior fellow at the New America Foundation, a group dedicated to fixing challenges for the next generation. ... Outside Article

Michael Dannenberg on WNYC | 'University Blues'

November 20, 2008
Michael Dannenberg, Senior Fellow in the Education Policy Program at the New America Foundation and founder of the HigherEdWatch Blog ; and Catharine Bond Hill, president of Vassar College, talk about how institutions are handling the economic crisis. LINK to audio

Bailout Plan for Student Loan Companies Might Hurt Students | Diverse Issues in Higher Education

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“We are very wary of the government bailing out private student loan providers, many of whom engaged in predatory practices by pushing high-cost private loans on high-risk borrowers,” says Stephen Burd, senior fellow at the New America Foundation, a nonpartisan public policy think tank. ... Outside Article
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