Vice President of Client Service, Rachelle Gasior, is a 2010 Loan Repayment Assistance Program (LRAP) graduate or RAPper. Rachelle sat down with us to share information she really wishes more parents had, how LRAP stopped her from transferring schools and why she loves campus events. What is a movie you can practically quote from […]
College can be a risky investment, a point Beth Akers, Manhattan Institute Senior Fellow, makes in her report, “Should College Come with a Money-Back Guarantee?” In a recent Washington Post opinion piece, Akers makes the case for focusing on mitigating the financial risks associated with attending college, rather than reducing cost. Higher education is stuck […]
There is no question in the minds of students across the country: college is expensive. It makes them hesitate to enroll at their dream school. It pushes them to sacrifice a major they are passionate about for one that may or may not have more earning potential. In response, many colleges are focusing on strategies […]
In August and September of 2017, Civis Analytics, a leading data science technology and analytics company, polled 5647 Americans and 675 K-12 teachers about college. What they found should motivate any institution of higher education to take action and meet emerging concerns. We’ve taken the time to sort out some of the key findings from […]
Nearly half of recent college graduates are underemployed (i.e. working in positions that don’t typically require a college degree), according to new research published by the New York Federal Reserve. But that doesn’t mean they’re all baristas — or working in other low-skilled occupations. 44.6% of recent grads are working in positions that don’t require a college degree, […]
It’s become quite popular to blame student debt for holding back young adults’ abilities to own homes. But the debate on student debt and homeownership tends to err in focusing on the detriments of student debt, rather than the benefits that come with having a college education. Of course, debt being in and of itself burdensome is — […]
April is financial literacy month, but unfortunately, it looks like financial education is arriving too little too late for millions of student loan borrowers. According to recent figures, of the nearly 22 million Americans with federal student loans, 43% are in default or behind on their student loan payments, representing over $200 billion dollars at […]
The past few years have been pretty rough on the English major. About 50,000 students earn bachelor’s degrees in English annually, comprising only about 3% of all college graduates nationwide. This is a sharp decline from 45 years ago, when the share of English majors was closer to 8%. To put it mildly, faculty in English […]
Paying for college can seem daunting considering the seemingly endless stories of college graduates burdened with incredible amounts of student debt. But are these anecdotes really representative of the norm? Economists at the Federal Reserve Bank of New York don’t think so. Jaison Abel and Richard Dietz – who have researched the topic of higher education for years – found that while […]
The value of a college degree is well–documented, but new research from Goldman Sachs appears to further fuel the college-value debate. The findings estimate that today’s college graduates, on average, don’t “break even” on the costs of a bachelor’s degree until age 31 – a full year longer than it took the Class of 2010. […]
