student debt

Michael Brindley for NHPR

Plymouth State University’s new president has been on the job for a few weeks now, after officially taking over last month.

Donald Birx comes to higher education in the Granite State at a time when college affordability is a hot topic on the New Hampshire primary campaign trail.

He joined NHPR’s morning Edition.

The economy is always a key issue in presidential campaigns.

But whose economy are we talking about? Many millennial voters are underemployed and crushed under thousands of dollars of student debt.

And perhaps nowhere is the problem more acute than in New Hampshire.

Seventy-six percent of the class of 2013 had loans. On average, each New Hampshire student was carrying $32,795 of debt, according to The Project on Student Debt. It's the nation's biggest student loan debt burden.

Higher Ed In Crisis? What You Need To Know

Jul 6, 2015
saintvincentcollege / Flickr/CC

We’re talking with author Goldie Blumenstyk about her new book on the so-called “crisis” in American Higher Education. Blumenstyk  says given rising costs, student debt, and doubts about the value of a degree, crisis is a fair description -- but she also sees some exciting examples of campus innovations that may get us out of our College conundrum.

yalepress.yale.edu

As college costs soar, many see a more vocational higher education as the best way to make the price tag worth it. Others, though, argue in favor of a broad-based education based on critical thinking and intellectual inquiry, rather than strict job preparation. We’re sitting down with Wesleyan University President Michael Roth about his new book "Beyond the University: Why A Liberal Education Matters."

GUEST:

Weston College / Flickr/CC

We continue our series “A Matter of Degrees” with how families finance higher education.  With the price tag ever-rising, and grants scarce, students are shopping-around and cobbling together a variety of funding approaches.  Often, that includes taking on more debt, but also re-thinking that traditional model of a four-year, on-campus College experience.

GUESTS: 

Courtesy The University Of New Hampshire

A report released this week by the Project on Student Debt shows average student debt among New Hampshire’s college graduates increased slightly last year.

A new report attempts to get to the bottom of why student debt is so high among New Hampshire colleges and universities.

The report’s conclusion?

There is no one single answer.

The report, commissioned by Granite State Management and Resources, cites several key reasons, including the lack of low-cost public colleges.

Research Brian Gottlob says New Hampshire also has a higher average income, which leads to families receiving less need-based aid.

Keith Ramsey / Flickr

Interest rates on newly issued subsidized Stafford loans doubled on Monday.

The New Hampshire Higher Education Assistance Foundation has been working with families to help them understand what that means when planning for college.

As of July 1, the interest rate jumps from 3.4 percent to 6.8 percent.

Tara Payne is vice president of the Center for College Planning.

She says her concern is that students who qualify for subsidized federal loans are the ones with the greatest need.

Saint Huck via flickr Creative Commons

The quagmire that is student loan debt has finally surpassed credit card debt in America. We’ve heard a lot about what this level of debt means to college graduates, drop-outs and families but now we’re going to dig a little deeper into the “loan” part. What a student signs up for looks, feels and sounds like a loan…but doesn’t fine-print like a loan. Decisions made by congress in recent decades have rendered traditional loan safeguards such as bankruptcy filing, inaccessible to borrowers. David Dayen is a freelance writer and contributor to salon, where we found his article, “Your Student Loan Isn’t Really a Loan.”

<a href="http://www.flickr.com/photos/gadgetdude/804190044/">gadgetdude </a> / flickr

New data released today shows New Hampshire students graduating with the highest debt loads in the nation. 

According to a report from the Institute for College Access and Success, the Class of 2011 averaged $32,440 in debt.

It’s the second year in a row New Hampshire has had the highest average load. 

Tara Payne with the NH Higher Education Assistance Foundation says the numbers send a signal to students and parents.

WOM's 2012 Commencement Speech

May 16, 2012
Xiabo Song, courtesy of Flickr Creative Commons

Charles Wheelan’s unconventional advice for graduates got us talking about the twists and turns of our own post-graduate lives. The path life takes, as we know, zigs as often as it zags…so Virginia Prescott asked a few colleagues to record what they wish they’d been told on that expectant day.

photo by Tulane Public Relations via Flickr

By some estimates, U.S. college debt has hit a staggering one trillion dollars.  And New Hampshire students are first in the nation when it comes to the average debt burden. Some blame colleges and universities for hiking tuition. Others blame states for steep funding cuts.  Meanwhile, many say our entire higher education system needs a serious financial overhaul.

 

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