The issue of student debt is now at the forefront of public discourse and political debate. There is no question that debt, not just student debt, impacts the economy and hinders the economic wellbeing of many Americans. At the same time, the factors that lead to that debt should not be ignored. Not all student debt is the same, and not all…

This article takes a first look at the major issues and trends that are currently being seen in 2019 emerging in the region's legislatures related to higher education and workforce development. Topics include: affordability, student loan debt, and college closures/mergers/acquisitions/collaborations. Other bills touch on emerging issues:…

There are two initiatives that can dramatically change the way college pricing and student debt are being handled under the current system. Both are commonsense solutions that would, if accepted, dramatically help students, graduates and families burdened by the cost of tuition and the loans they take to earn their degrees. First, income-based…

In 2010, the author wrote an essay, "The New Indentured Educated Class," for "The New England Journal of Higher Education." This piece was pivotal in raising public awareness about a new group of Americans, an enormous group of people--educated and deeply in debt. At that point, few were talking about the student loan debt…

Regularly reported statistics about high and growing student-loan debt levels, combined with increased rates of delinquency and default, have prompted calls to address the student-debt "crisis." For New England, with its highly educated population and large higher education industry, student-loan debt is an important economic policy…

U.S. Sen. Elizabeth Warren has had concerns about student debt for decades. Her recent solution seeks to redistribute tax revenue from the richest Americans to enable students to refinance their postgraduation indebtedness; this would allow students to benefit from the low interest rates in today's financial markets. The Massachusetts…

This article highlights an issue that has been slowly simmering over the past 30 years--Student Debt. As government loans quietly edged out grants, and college tuition continued to rise, debt has been piled on students without adequately preparing them to manage it. Research reports about 30% of the 37 million Americans with student loans are…

The cost and the value of higher education, the short- and long-term impact of student debt, the role of career preparation, and accountability for student outcomes are the subject of intense and increasing examination and debate. As challenging as these times may be, it is still imperative to maintain access, be cost effective, be contemporary in…

Education provides one of the best opportunities for American children to build the capacity to climb up the economic ladder. It has even been called the "great equalizer" in American society. In today's tightened labor market, providing equal access to postsecondary education is more critical than ever. The Georgetown Center on…

In April 2013, "NEJHE" launched its "New Directions for Higher Education series" to examine emerging issues, trends and ideas that have an impact on higher education policies, programs and practices. In this installment, DiSalvio interviews Richard Ekman, president of the Council of Independent Colleges (CIC), an association of…

The author has spent much of his working life studying and promoting student loans. As a good liberal Democrat, he spent years arguing for the expansion of the old Federal Family Education Loan Program (FFELP) which had its roots in Lyndon Johnson's War on Poverty. His professional life included stints working for one of the nonprofit FFELP…

In April 2013, the "New England Journal of Higher Education" ("NEJHE") launched its "New Directions for Higher Education" series to examine emerging issues, trends, and ideas that have an impact on higher education policies, programs and practices. In this installment of the series, DiSalvio speaks with American…

The New England states continue to experience slow growth and slow recovery of the jobs lost in the 2008 to 2009 recession. The main reason for this is the continued weakness in global and U.S. economic conditions. The U.S. and New England economies continue to be affected by the weak European economy and sovereign debt crisis and by weakness in…

Parents and students recognize the value of a college degree. Increasingly, they are borrowing large sums of money to invest in the future. Their choices about how to save for college, where to attend college, how much and from where to borrow for college, and how to repay their loans, have grown more complex. Yet families work with incomplete…

"American Student Assistance" has a unique window onto students during some very important milestones in their formative financial years. This nonprofit interacts with students from the time they're choosing a college, to applying for financial aid and loans, to starting a first job, getting that first apartment, making that dreaded…