A look at college, student loans, the changing college industry

A look at the growth of student loans and its potential consequences (good and bad).

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    Two Charts that Show the Growth of Student Loan Debt

    "As of 2013, outstanding student loan balances in the US exceeded $1.2 trillion, more than any other type of household debt with the exception of mortgages." So write the authors of "Student Loans Rising: Overview of Causes, Consequences, and Policy Options," a new paper from the Urban-Brookings Tax Policy Center.

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    Economic Synopses - Research Publications - St. Louis Fed

    Student loan borrowing accelerated during the Great Recession and now outranks any non-mortgage debt, including auto loans and credit card debt.

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    The growth of US student loan debt: causes and consequences

    Cardiff Garcia Cardiff writes mostly about US macroeconomic issues, with daily excursions into other topics about which he claim no expertise. Before Alphaville, Cardiff spent a little more than two years as a reporter at Dow Jones Financial News covering investment banking, asset management, and private equity.

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    What Really Happens if You Default on Your Student Loans?

    With many young graduates carrying anywhere from thousands to hundreds of thousands of dollars in student loan debt, students are currently facing a mountain of a financial challenge. On top of already high numbers, student loan debt is a sticky kind of debt, as in it stays with the borrower or cosigner no matter what.

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    Average Student Loan Debt Hits $30,000 - US News

    Average student loan debt continues to rise, but a lack of data may mask the true amounts. The average amount of student loan debt again crept up for the Class of 2013, and is approaching $30,000, according to a new report from the Institute for College Access and Success.

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    FinAid | Loans | Defaulting on Student Loans

    Defaulting on Student Loans Advertisement Defaulting on student loans is a serious matter that deserves a lot of consideration. Before you begin applying for student loans, it's wise to learn more about the consequences of default, how to avoid it and, if you're already in default, how to get out of it.

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    Chapter One | We Are a College-Going Nation

    in a new and exciting way. College attendance in the United States has grown so rapidly over the past four decades that now 75 percent of high school graduates get some postsecondary education within two years of receiving their diplomas.

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    Percentage of students who go on to College (US)

    This won't link, but a good source to show percentage of high school students who go on to college: http://www.higheredinfo.org/dbrowser/index.php?measure=32

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    Student Debt Crisis

    The school faces a class action lawsuit from students who claim Globe fabricates job placement numbers, accreditation, and transfer opportunities to other institutions -- all while saddling unsuspecting students with student debt at the expense of American taxpayers.

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    Cost of college education by the year

    Another that would not link, but a good place to look: 


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    New College Board Trends in Higher Education Reports: College Prices Increase at a Slower Pace While Student Borrowing Declines for the Third Consecutive Year

    NEW YORK - While published tuition and fees at colleges and universities continue to rise more rapidly than the rate of inflation, the rate of increase has slowed.

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    Is the College Admissions Bubble About to Burst? - US News

    The frenzy is happening all over the United States at this very moment. Parents are poring over brochures showing pictures of students in front of lush trees. High schoolers are plotting which activities are the "right" ones to enroll in.

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    Three Reasons Why College Bubble Will Burst

    Most colleges cost too much. Students are getting into horrendous debt -- now totalling $1 trillion and counting -- and not finding decent paying jobs. It's hurting our long-term future. Yet the myth persists that paying a ransom for a college degree is worth it, particularly at a top-tier institution.

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    2013 Higher Education Tsunami Summit: Jeff Selingo Keynote Speech

    Jeff Selingo the Author of College Unbound and contributing editor of The Chronicle of Higher Education, gives his insights into the world of higher education

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    College (Un)bound - Jeff Selingo -

    What is the value of a college degree? The four-year college experience is as American as apple pie.

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    Richard Vedder and Christopher Denhart: How the College Bubble Will Pop

    The American political class has long held that higher education is vital to individual and national success. The Obama administration has dubbed college "the ticket to the middle class," and political leaders from Education Secretary Arne Duncan to Federal Reserve Chairman Ben Bernanke have hailed higher education as the best way to improve economic opportunity.

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    Canisius College making staff cuts - Buffalo - Buffalo Business First

    Canisius College will lay off an unspecified number of administrative and staff employees, the college confirmed in a statement. Details on the layoffs, such as how many and what specific positions, will not be divulged by the college, a spokeswoman said, citing respect for employee privacy. No faculty are affected by this specific move.

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    Private colleges remain under the weather @insidehighered

    Some private colleges that managed to weather the recession are finding new troubles. So they are announcing layoffs, cutting programs and more. Almost all of these small to mid-sized privates are tuition-dependent and lack large endowments.

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    Hilbert/SBU merger (And another that won't link)


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    6 important charts


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    South Carolina State University May Temporarily Close - US News

    South Carolina may temporarily lose its only state-funded historically black university. Associated Press By SEANNA ADCOX, Associated Press COLUMBIA, S.C. (AP) - Continued questions over South Carolina State University's ability to get its finances in order prompted a House budget-writing panel to propose temporarily closing the state's only public historically black college.

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    Surprise move to close S.C. State temporarily halted as outcry grows

    State lawmakers temporarily halted an attempt Tuesday to shut down the financially troubled South Carolina State University for at least three semesters. The House Ways and Means Higher Education Subcommittee voted 3-1 Tuesday to suspend operations at the state's only public historically black college, a move that would mean laying off the school's employees and transferring academically eligible students.

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