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Even though the 2012 NAICU Annual Meeting is history, you can continue to benefit and learn from the many presentations and speeches that were offered, and are now available on line.
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Student Debt/Default Rate/Credit Cards
Opposing view: Three-year degree is not a solution
USA Today
December 14, 2011The three-year bachelor's degree has been hailed by some as the solution to cutting college costs, allowing students to graduate and enter the job market sooner. It has one fundamental flaw, however, in that it benefits only those students who have the highest academic aptitude and the financial means to attend college full-time, year-around, for three years.
Department's New Debt-Management System Leaves Some Students Stuck in Default
Chronicle of Higher Education
December 9, 2011The new debt-management system, which tracks and manages more than $33-billion in defaulted student loans owed by more than three million people, is supposed to rehabilitate borrowers each month. It has not done so since August, and some frustrated debtors have stopped making payments on their loans, risking a second default.
Crushing load of student debt affecting more young Americans
Kansas City Star
December 9, 2011Brie Miller owes nearly $150,000 in college-loan debt. With college tuition fast outpacing inflation and joblessness stubbornly high, Miller is not alone in a deepening pool of young Americans way over their heads. Still not in default on her repayments, the 26-year-old public servant teeters at the brink. "It's awful," she said. "I've cried a bucket of tears. My husband and I will never be able to buy a house, or afford to start a family, or contribute to the economy. The whole point of going to college was to have a better future, but now I have a worse one."
College grads must pay back their loans: Higher education expert says student debt boycott makes no sense
New York Daily News
December 8, 2011While the Occupy Wall Street protesters are mad about many things, student debt stands out. And rightly so - when reckless banks destroy the economy, the government bails them out. But when college graduates can't pay their students loans back to banks because there are no jobs, due to banks destroying the economy, they're out of luck.
Think tank urges federal agencies to place value on student input
GW Hatchet
December 8, 2011A District think tank is pressuring federal officials to incorporate student perspectives in the formation of higher education policies. A study by the Center for American Progress, released last month, advocated for greater student participation because “rising tuitions and student debts mean rising stakes for college students.”
Occupy Wall Street should aim its fire at colleges, not banks
New York Daily News - Opinion Piece
December 7, 2011A group of Occupy protesters has launched a campaign encouraging students to repudiate their student debt. "There is no justice in a system that openly invites profiteering on the part of lenders," they say. However, writes Kevin Carey, the real profiteers in the higher education system aren't the lenders - they're the colleges and universities.
The Federal Role in Pricing
Inside Higher Ed - Opinion Piece
December 5, 2011Persistently rising college tuitions, high spending per student, and mounting student debt burdens have re-emerged as key issues in Washington. Secretary Arne Duncan has called on college and university officials to show more urgency in keeping down their prices and spending, the House subcommittee on postsecondary education has held another hearing to wring its hands about college unaffordability, and President Obama has now summoned a select group of college presidents and higher education thought leaders to consider what can be done.
At White House Meeting on Affordability, a Call for Urgency, Innovation, and Leadership
Chronicle of Higher Education
December 5, 2011The take-away message from President Obama's private meeting with higher-education leaders on Monday was threefold: There needs to be a new sense of urgency on college affordability, there won't be a one-size-fits-all solution as policies will have to affect all sectors of higher education, and the country needs innovations and cost-management from colleges and leadership from state legislatures.
Some students are leaving college with huge private loans
Baltimore Sun - Column
December 4, 2011Private loans aren't closely tracked like federal aid, so it's difficult to know the extent of borrowing and the impact on young adults. A recent study by the Project on Student Debt found that about one out of seven undergraduates took out a private loan for the 2007-2008 academic year, the most recent figures voluntarily reported by schools. The majority of students resorted to private loans before fully taking advantage of federal loans. Worse, some didn't even bother with federal loans.
Summoned to the White House
Inside Higher Ed
December 2, 2011President Obama has invited the presidents of about 10 colleges and universities to a meeting at the White House on Monday to discuss affordability and productivity in higher education. While many White House events feature various presidents of colleges, a private meeting -- called on short notice, with the president himself in attendance -- is highly unusual.
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