The Reality of Student Debt Is Different From the Clichés – NYTimes.com

An article well worth your time to read.

“The misperceptions matter because they distract us from the real trouble with our higher education system. It’s not the graduates of expensive colleges who are struggling to get started on a career. Such graduates make for good stories and they tend to involve the peer group of journalists, but history suggests that most of them will do just fine.

The vastly bigger problem is the hundreds of thousands of people who emerge from college with a modest amount of debt yet no degree. For them, college is akin to a house that they had to make the down payment on but can’t live in. In a cost-benefit calculation, they get only the cost. And they are far, far more numerous than bachelor’s degree holders with huge debt burdens.

The solutions to the dropout crisis have some overlap with the solutions to the so-called student-debt crisis: more accountability for colleges. For the most part, though, the two issues are different — and require different answers. Lifting the nation’s college graduation rate depends on better, more cost-effective education, rather than merely cheaper education.”

Read more: The Reality of Student Debt Is Different From the Clichés – NYTimes.com.

5 Bold Predictions For The Future Of Higher Education | Co.Exist | ideas + impact

5 Bold Predictions For The Future Of Higher Education | Co.Exist | ideas + impact.

A quick but interesting read.  I’m really interested in this “pivot” happening right now in higher ed. I think, a couple decades from now, we’ll look back and realize we were going through a sea change in how higher education is funded and designed.

Big question, to me, is whether these systemic changes will end up benefiting students or if it will turn education into something even more classist than it is now, where people with money get to sit in actual classrooms with real human teachers while everyone else gets stuck in online courses.

But that’s a discussion for another day.