The National Consumer Law Center just released a report proposing recommendations for state governments to increase oversight of for-profit schools. For-profit schools have been a problem for student-loan borrowers because tuition tends to be fairly high while graduation rates are low and post-graduation employment rates also are low. As a result, NCLC, a consumer advocate […]
States should oversee for-profit schools, says NCLC Read More »
On the front page of Saturday’s Real Estate section, The New York Times has done a decent job of tying together the student loan crisis and debtors’ resulting lack of participation in the larger economy, although I think they could have picked some better examples. Admirably, the article includes a quote from one student loan
Student loan debtors less likely to buy property, says the NY Times Read More »
In May 2014, the Center for Economic Policy and Research published a report entitled “A College Degree is No Guarantee,” which focuses on the experience of black college graduates in the labor market. Here’s a breakdown of the executive summary: In 2013, the unemployment rate for black college grads between the ages of 22 and
Report: Black recent college grads more likely to be un- or under-employed Read More »
