NAICU - Student Loans and Bankruptcy

New College Affordability Measures

Initiatives being launched in 2012-13 to help keep students' and families' out-of-pocket costs as low as possible. Tuition cuts and freezes, three-year degree programs, and more. Complete list.

NAICU Statement on President Obama's Higher Ed Proposals

NAICU President David Warren commends the president's commitment to student assistance, and calls for avoiding unintended consequences for students. More

Net Tuition Price Falls 4.1% at Private Colleges

Inflation-adjusted net tuition and fees at private colleges actually dropped 4.1 percent in the last five years, according to a recent College Board report. More

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Student Loans and Bankruptcy - The Debate Continues

Forbes Magazine - column

January 10, 2012

I recently wrote a column showing why bankruptcy protections are essential for the healthy functioning of the nation's federal and private student loan systems. Since, there have been two concerns raised by commenters. First, that returning bankruptcy protections would allow widespread abuse of the system. Second, that bringing bankruptcy back would cause private lenders to tighten up their lending, and also cause the loans to be more expensive for the students. To be blunt, those dogs don't hunt today, and really never did for that matter.

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