World News Insights
1-3 Minute Gist

All Topics Article

College dropouts have debt but no degree - The Washington Post

Washington Post Original article ›

Keywords:

LyrArc Article Gist
New information shows a crisis is developing in higher education as student debt passes $1 trillion with the unrelenting rise in the cost of college. Higher debt levels is leading to higher droput rates. According to think tank Education Sector, 30 percent of college students taking out loans dropped out of school, compared to 25% ten years ago. And work can be a large factor as students take parttime jobs to lower the loan burden- half of college dropouts attributed dropping out to work, according to a 2009 study by Public Agenda. It also adds another burden to the productive potential of the U.S. economy. The director of the Center on Education and the Workforce at Georgetown University, Anthony Carnevale, estimates the cost to the U.S. economy at half a trillion dollars in terms of skills not available for increasing economic output and income lost for dropouts.

Failure of U.S. colleges and universities to reduce costs and lower the tution burden

04/11/2011

An increasingly important issue as student debt passes $1 trillion inthe U.S. and hurts the economy

Grouped Articles

Student Loan Debt Is a Drag on the Economy, Too

New York Times 05/10/2013

A Refuge for Charlatans

Wall Street Journal 05/20/2013

Obama Wants College Aid Tied to Rating System

Wall Street Journal 08/23/2013

Obama’s Plan Aims to Lower Cost of College

New York Times 08/22/2013

College Tuition Increases Slow, but Government Aid Falls

Wall Street Journal 10/23/2013

California College Chief Calls for Tuition Freeze

Wall Street Journal 11/14/2013

Pell Grants and the Debt Ceiling deal of August 2, 2011

04/11/2011

Pell Grants for low income students will increase under the Debt Ceiling deal of August 2, 2011. The increased funding comes from defunding of interest on graduate student loans while students are in school.

Grouped Articles

Student Loan Debt Is a Drag on the Economy, Too

New York Times 05/10/2013

College Tuition Increases Slow, but Government Aid Falls

Wall Street Journal 10/23/2013

The Ripple Effects of Rising Student Debt

New York Times 05/24/2014

A Quiet Revolution in Helping Lift the Burden of Student Debt

New York Times 01/24/2015

College Grants Spared From Spending Cuts

Wall Street Journal 08/04/2011

Washington's Quietest Disaster

Wall Street Journal 09/30/2011

The Obama administration's push for college-for-all and problems with student debt and lack of vocational training

04/11/2011

Grouped Articles

High student debt is dragging down the U.S. economy | Wonkblog

Washington Post 04/18/2013

Student Loan Debt Is a Drag on the Economy, Too

New York Times 05/10/2013

College Tuition Increases Slow, but Government Aid Falls

Wall Street Journal 10/23/2013

Jamie Dimon’s harried JPMorgan Chase pushes campaign for worker training - The Washington Post

Washington Post 01/03/2014

Upward Mobility Has Not Declined, Study Says

New York Times 01/23/2014

The Ripple Effects of Rising Student Debt

New York Times 05/24/2014


Support LyrArc

We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.

Support Lyrarc from as small as $1


Copyright © 2006 - 2026 Intelilinks LLC
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us