Skip to main content

How Wall Street Skims Higher Education

Wall Street skim is driving up the cost of college. Students are saddled with higher tuition and student debt. Taxpayers are covering risky loans and high interest rate for institutional borrowing. And for-profit colleges are overcharging students to drive profit.

The Great Cost Shift Continues: State Higher Education Funding After the Recession

Robert Hiltonsmith, Tamara Draut Demos
Since the founding of public higher education, our nation has moved progressively toward expanding the doors of access. But in the last generation, we have moved in the opposite direction. State higher education funding on a per-student basis is lower today than it was in 1980. Federal financial aid no longer provides grants robust enough to defray the rising cost of college.

Educators on Obama Ed Plan: Disappointed, Not Surprised

Colleen Flaherty Inside Higher Education
Many faculty advocates say Obama’s plan for higher education consists of a patchwork of conservative and liberal policies that fall far short of pleasing everyone -- or, depending on one’s opinion, anyone. More importantly, they said, the plan focuses on certain measurable student outcomes -- such as graduation rates -- but would do little to ensure actual student learning.
Subscribe to higher education