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College Debt Hits Well-Off
Keywords:
The cost of tution for four year colleges has doubled in the U.S. since 1985 even after adjustment for inflation, according to the College Board. Over 3 million households in the U.S. owe more than $50,000 in student loans. Ths is ten times the figure of 300,000 in 1989, and about four times the figure of 794,000 in 2001. Upper middle income families with incomes between $94,000 and $205,000, based on Wall Street Journal analysis of U.S. Federal Reserve data, shows they owed an average of $32,869 in college loans in 2010, up from $26,639 in 2007, after adjusting for inflation. This is affecting the choices parents and students in the middle class are making of colleges, preferring to go to second tier colleges to better manage the costs of tution.
What drives exorbitant college tution costs in the U.S.?
04/11/2011
Factors that drive college tution costs include adminisrative costs, new building and construction costs.
Grouped Articles
Wall Street Journal 05/20/2013
Obama Wants College Aid Tied to Rating System
Wall Street Journal 08/23/2013
Obamaâs 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
Wall Street Journal 12/26/2013
Student debt at $1 trillion in 2011 - a macroeconomic factor which determines consumer spending and buying of new homes
03/11/2009
Student debt in 2011 was 5 times the level in 2000. This happens as education and technical skills are increasing in importance in determining wages and benefits, higher education in increasingly becoming unaffordable, and government help is declining because of budget cutbacks. This is affecting the image of the U.S. as a nation of opportunity.
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
U.S. Schools Chief Arne Duncan Labors to Straddle Political Divide
Wall Street Journal 07/22/2013
The Great Stagnation in American Education
New York Times 09/07/2013
College Tuition Increases Slow, but Government Aid Falls
Wall Street Journal 10/23/2013
Upward Mobility Has Not Declined, Study Says
New York Times 01/23/2014
Growing burden of college loans and student debt in the U.S. in 2011-2015
04/11/2011
Grouped Articles
Congress Passes Bill on Highways, Student Loans and Flood Insurance
Wall Street Journal 06/30/2012
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
Upward Mobility Has Not Declined, Study Says
New York Times 01/23/2014
The ’1 Percent’ isn’t America’s biggest source of inequality. College is.
Washington Post 05/23/2014
The struggle to control tution fees at universities and colleges in the U.S.
04/11/2011
Grouped Articles
Wall Street Journal 05/20/2013
College Tuition Increases Slow, but Government Aid Falls
Wall Street Journal 10/23/2013
Efforts to Curb College Costs Face Resistance
Wall Street Journal 05/29/2014
College Majors Figure Big in Earnings
Wall Street Journal 05/07/2015
Dispute Over College Tuition Roils Flagship Texas Campus
Wall Street Journal 05/17/2012
Fixing College Through Lower Costs and Better Technology
New York Times 06/25/2012
Arne Duncan and the Education Department's plan to save $87 billion going to banks for subsidies to make student loans.
01/28/2009
Arne Duncan wants to use the funds to help low income students and community colleges.
Grouped Articles
U.S. Schools Chief Arne Duncan Labors to Straddle Political Divide
Wall Street Journal 07/22/2013
College Tuition Increases Slow, but Government Aid Falls
Wall Street Journal 10/23/2013
Escaping the constraints of ‘No Child Left Behind’ - The Washington Post
Washington Post 01/07/2012
Wall Street Journal 08/23/2015
Banks Don't Belong in the Student Loan Business
Wall Street Journal 12/18/2009
For-Profit College Grads Also Earn a Life of Debt
BusinessWeek 01/06/2011
US community college teachers.
08/23/2009
Experience of Katherine Jameson teaching at a community college. The need is there, so is the dedication.
Grouped Articles
âAn Industry of Mediocrityâ
New York Times 10/20/2013
Teacher Shortages Spur a Nationwide Hiring Scramble (Credentials Optional)
New York Times 08/09/2015
Quenching a Thirst for Learning
New York Times 08/23/2009
More of the best and brightest heading to community college
Washington Post 11/30/2009
The High Cost of Low Teacher Salaries
New York Times 04/30/2011
A New Measure for Classroom Quality
New York Times 04/30/2011
American Cities- A growing divide in 2012-2013 based on the proportion of college graduates in the population
11/02/2008
Cities like Washington D.C., San Francisco, Raleigh, N.C., have high proportion of college graduates in the population- as high as 40% in Washigton D.C.- with resuliting lower unemployment of about 7.5% or less. Other cities like Dayton and Youngstown in Ohio and Bakersfield, California, have a low proportion of college graduates- 20% in Dayton- and high unemployment of about 10.5%
Grouped Articles
Cities Adapt With Mixed Results
Wall Street Journal 09/27/2011
New York Times 06/22/2013
Frayed Prospects, Despite a Degree
New York Times 07/19/2013
A Splash of Green for the Rust Belt
New York Times 11/02/2008
The ’1 Percent’ isn’t America’s biggest source of inequality. College is.
Washington Post 05/23/2014
The world economy: Wealth without workers, workers without wealth
Economist 10/06/2014
Obama's plan for U.S. student loans.
02/27/2009
Making college affordable andf lightening the burden on parents and poor students.
Grouped Articles
Congress Passes Bill on Highways, Student Loans and Flood Insurance
Wall Street Journal 06/30/2012
College Tuition Increases Slow, but Government Aid Falls
Wall Street Journal 10/23/2013
Student Borrowers and the Economy
New York Times 06/10/2014
Big Changes on the Way in Lending to Students
New York Times 02/27/2009
Government to Simplify Online Application for College Loans
Wall Street Journal 06/24/2009
New Plan Ties Reduced College Loan Payments to Income
New York Times 06/30/2009
A disappearing U.S. middle class in 2012-2015
01/20/2010
Meyerson, Ignatius and others ask the tough questions about America and the prospects for a future with a disappearing middle class, pointing to the need to structure globalization and build cooperation between workers, management and the government in new constructive ways.
Grouped Articles
Americaâs Sinking Middle Class
New York Times 09/18/2013
State of the Union: Obama Seeks to Narrow Income Gap
Wall Street Journal 01/29/2014
More Men in Prime Working Ages Don't Have Jobs
Wall Street Journal 02/06/2014
New York Times 02/08/2012
Falling Wages at Factories Squeeze the Middle Class
New York Times 11/20/2014
Washington Post 11/22/2014
Student debt and the added burden it poses for the U.S. economy in 2012-2015
04/11/2011
The effects on new home purchases by younger buyers of first homes of the pile up of large student debt.
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
New York Times 06/22/2013
Housing Recovery Increasingly Prices Out First-Time Buyers
Wall Street Journal 07/22/2013
College Tuition Increases Slow, but Government Aid Falls
Wall Street Journal 10/23/2013
Upward Mobility Has Not Declined, Study Says
New York Times 01/23/2014
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
Wall Street Journal 05/20/2013
Obama Wants College Aid Tied to Rating System
Wall Street Journal 08/23/2013
Obamaâs 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
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
Student unrest on California campuses.
12/11/2009
Student unrest after a 32% increase in tution fees at 23 California State University campuses. Students protested budget cuts, two wars, and layoffs.
Grouped Articles
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
Napolitano Looks for New Ways to Boost University of California's Coffers
Wall Street Journal 09/09/2014
Playing Chicken With Tax Dollars and Tuition in California
Wall Street Journal 11/22/2014
In California Budget Plan, Brown Wins Deal on Tuition Freeze for In-State Students
New York Times 05/14/2015
California’s Upward-Mobility Machine
New York Times 09/16/2015
President Obama and Arne Duncan's community college intiative.
01/28/2009
Obama's proposal will invest $12 billion in savings from the federal education lending programs into community colleges. The idea is to expand graduation rates by about 5 million with certificate progras of 6months to ayear that would train people especially the jobless for new jobs in growing fields. Its crucial to meeting the growing mismatch between job requirements of jobs going unfilled and the qualifications of jobless people.
Grouped Articles
U.S. Schools Chief Arne Duncan Labors to Straddle Political Divide
Wall Street Journal 07/22/2013
New York Times 01/18/2014
Arne Duncan: Better education starts with honesty about achievement gaps - The Washington Post
Washington Post 01/24/2014
Ending the ‘Race to the Bottom’
New York Times 03/12/2009
Big Gap in College Graduation Rates for Rich and Poor, Study Finds
Wall Street Journal 02/05/2015
Obama Attacks on Economy and Seeks Billions for Community Colleges
New York Times 07/15/2009
US community colleges- 2010-2012
02/09/2011
Grouped Articles
The ’1 Percent’ isn’t America’s biggest source of inequality. College is.
Washington Post 05/23/2014
High Enrollment Strains Two-Year Colleges
Wall Street Journal 02/09/2011
College Loans Weigh Heavier on Graduates
New York Times 04/11/2011
U.S. Faces Uphill Battle in Retraining the Jobless
Wall Street Journal 07/31/2012
Wall Street Journal 08/08/2012
Compensation of Presidents of Universities and Colleges
11/15/2010
Grouped Articles
More Presidents of Private Colleges Earn Over $1 Million
New York Times 11/15/2010
Wall Street Journal 08/08/2012
U.S. Hispanic college enrollment- 2010-2013
08/26/2011
Grouped Articles
America's Assimilating Hispanics
Wall Street Journal 06/17/2013
Hispanics Gain at California Colleges
Wall Street Journal 04/21/2014
The ’1 Percent’ isn’t America’s biggest source of inequality. College is.
Washington Post 05/23/2014
Hispanic College Enrollment Jumps
Wall Street Journal 08/26/2011
Minorities become a majority in Washington region - The Washington Post
Washington Post 08/31/2011
U.S. Moves Closer to Minority Majority
Wall Street Journal 08/31/2011
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