Home Tag "cost of education"

Loan Forgiveness

Yesterday, the White House announced a final Covid-19 related extension of the suspension of student loan repayments through December 31, 2022 as well as the long-awaited campaign promise of President Biden to cancel $10,000 in student loans. The administration also provided additional expansion of the federal student loan cancellation program.

I have many thoughts, most of them mixed.

Are Elite Colleges Worth the High Price of Attendance?

In a recent opinion piece published in USA Today, Rick Hess, Director of Education Policy Studies at the American Enterprise Institute, questions the value of attending a selective college if you’re watching online lectures from your parents’ home. Dr. Hess writes that many elite colleges market the irreplaceable experiences of living on campus and if campuses are closed in the fall, those experiences and the reasons for attending go away.

Fixing Law Schools

In a recent Chronicle of Higher Education Review, University of Tennessee law professor Benjamin Barton authored an article, The Law School Crash, subtitled “What’s worse than a decade of financial turmoil? Not learning from it.” Barton’s news isn’t new. In fact, he mentions Brian Tamanaha’s 2012 book, Failing Law Schools, as an early critique of the disparity between the cost of law school and career and salary outcomes.