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Cost of a Degree

Federal Student Loans: Contributing to Higher Ed’s Problems?

In an opinion piece published in Newsweek last week, Ms. Neetu Arnold wrote that the federal student loan system isn’t worth it for students or taxpayers. Ms. Arnold notes that President Biden has not provided for debt forgiveness of student loans in the latest White House budget proposal, despite promising to do so when he was campaigning for President. Subsequent to the publication of her opinion piece, the Department of Education announced on June 16 that it was going to forgive $500 million in loans for 18,000 former students of the ITT Technical Institute.

Priced Out: What a College Education Is Costing America

In a recently published research paper, “Priced Out: What College Costs America,” National Association of Scholars Research Fellow Neetu Arnold examines three issues in U.S. higher education: inflated tuition, continuously expanding administrative positions, and increasing levels of student debt. She also shows how they join and reinforce each other to the detriment of America.

Calculating the ROI of College: Whose Approach Is Better?

In Monday’s Inside Higher Ed, Nic Ducoff (co-founder of Edmit) penned an opinion piece questioning the approach of some organizations that have attempted to calculate the ROI of college. Mr. Ducoff writes that most approaches include cost and earnings, but how those variables are determined impacts the result and how the result is presented to prospective students impacts the influence it will have on their decision making. I could not agree more.