It's time to recognize that in a world where most students must borrow for a credential, borrowers should receive the same failsafe protections on these loans as they do on any other consumer loan.
“It doesn’t do anything to address the root problems of college affordability and of rising student debt,” said Mark Huelsman, a senior policy analyst at Demos, a left-leaning think tank. Those include state disinvestment in higher education, a trend that the federal government could help reverse, according to Huelsman, by using federal money to encourage states to up their investment in their public colleges. [...]
New York became the first state in the country to return to a guarantee of tuition-free college for students at state public colleges and universities.
New York’s plan is a step forward in returning to the days when students could work their way through public college without taking on debt. But the impact on reducing the need to borrow may be minimal, especially for first-generation, low-wealth students.
New York approved a state budget Sunday that included the Excelsior Scholarship, which will allow students whose families earn less than $125,000 a year to attend state public colleges and universities tuition-free.
Judge Neil Gorsuch’s troubling record on money in politics and concern that he’ll tilt our elections even more toward the wealthy and powerful is a key reason to oppose his lifetime confirmation to the Supreme Court, at least 20 U.S. Senators have said in their statements opposing him.
With so many eventual graduates starting at community colleges, we should take a hard look at institutional aid policies, which reward incoming freshmen much more than transfer students.
Another question is how much the Cuomo and Raimondo plans will truly benefit low-income students. Both proposals are what’s called “last-dollar” initiatives, meaning the states would only pay the balance of tuition after students use up existing state and federal aid, including Pell Grants. These current state and federal programs couldn’t be used to fund other college costs.
Last week I had the privilege of testifying before the Senate Judiciary Committee about President Trump’s Supreme Court nominee, Judge Neil Gorsuch. Wth the Court split four-to-four on so many critical issues, the stakes couldn’t be higher.
But even beyond issues, what’s at stake with this nomination is the very shape of our democracy: the way we make decisions about everything from who gets health care to whether working families will live in poverty—and whose voices are heard in that process.
Senator Sheldon Whitehouse (RI) confronted Trump’s Supreme Court nominee Judge Neil Gorsuch about the vicious cycle facing our democracy: of severe concentration of economic power yielding severe concentration of political power.
We’ve created our own bracket here, matching up colleges not by the number of McDonald’s High School All-Americans on their roster, but by whether or not they provide access to an affordable education and whether they are engines of upward mobility for working-class students.
“There are approximately zero students that would see a net benefit if this budget were enacted into law,” said Mark Huelsman, senior policy analyst at Demos, a left-leaning think tank. [...]
“Consolidating or reforming campus-based aid programs is not a bad idea, but at the end of the day students have to come out ahead,” Huelsman said. “Indiscriminate cuts to work-study absolutely would harm the low income students or middle class students on campuses who absolutely do receive the money.”