During the Christmas and New Year’s holidays, fewer articles about higher education are published, primarily because colleges and universities are closed and faculty, students, and administrators are not around. On December 28, 2012, however, The Wall Street Journal published an article entitled “Deans List: Hiring Spree Fattens College Bureaucracy- and Tuition.” The article doesn’t appear to have been picked up in too many other places.
An August 11th article in The New York Times caught my attention. Written by Tamar Lewin, the article describes a policy brief released by the College Board which concludes that for the most part, recent graduates are carrying “manageable” debt loads. Using data published in the Department of Education’s National Postsecondary Student Aid Study, the policy brief notes that while the number of students using loans to pay for their post-secondary educations has increased in the last five years, the volume of students who carry overly burdensome levels of debt upon graduation remains small in comparison.
Just last month, APUS honored some 2,800 students who successfully completed their degree programs. The ceremony was a very nice one and the excitement of the students who attended was obvious. Fast on the heels of such exuberance, however, is the daunting task of locating jobs for those who were not already employed as many of our students are.