Student Debt

Losing Perspective on Student Debt?

File this one under "Media Madness." In a recent article from the Chronicle of Higher Education, Sandy Baum and Michael McPherson take on the latest thought contagion in college admission -- the level of concern surrounding student debt.  Baum is an independent higher-education-policy analyst and senior fellow at the George Washington University School of Education and Human Development, and McPherson is president of the Spencer Foundation, which is dedicated to education research.  Check out their debunking of this most recent example of urban myth and college admission.

Later this week, Jon Boeckenstedt, DePaul University Associate Vice President of Enrollment Management and Marketing, will address the cost of a college education and how much is too much when it comes to loans.

Weekend Reading

Don't miss this terrific guest post on the Washington Post's College Inc. blog from David E. Drew, chair of the School of Educational Studies at the Claremont Graduate University in Claremont, CA. Yeah, yeah, it's yet another discourse on the value of a college education -- but this take on the subject goes long and wide, looking at the lionizing of dropouts, STEM (science, technology, engineering, and math) majors, and student debt.  And while we're on the subject of STEM majors, in this article from the NY Times Economix blog, Anthony Carnevale, Director of the Georgetown University Center on Education and the Workforce, posits that what you study is as important as whether you go to college.