Nice write-up by on Ben Marx's and Lesley Turner's article on the BENEFITS (that's right, benefits!) of student debt. It was a pleasure working with them both as they published the article in . Two young scholars to look out for!
Low-income students need financial support to succeed in college But half of community colleges don't offer loans to students who are eligible for them New evidence shows the harm done
Students who borrowed less earned worse grades and fewer credits, new research on the effects of student loans found. And most surprising, those who borrowed more were less likely to default on their student loans.
Glad to see this ⁦⁩ piece. We have to stop talking about student loans as an evil thing, and recognize the opportunity they provide.
New research shows that cutting loans — without replacing the lost dollars with grants — hinders students’ academic progress and hurts their grades
Professor writes in that simply cutting student loans is more harmful than student debt itself. Read more here: #UMichInTheNews
New research shows that cutting loans — without replacing the lost dollars with grants — hinders students’ academic progress and hurts their grades
Let’s be clear. This body of research doesn’t show that loans are the best way to fund college students. It just shows that if students don’t get enough money to pay for college, they can’t succeed. - #studentsuccess
"Today, for many students, a loan makes college possible. The funds from a loan can give students more hours to study, when they would otherwise be working to pay rent..." Read more wise words from via
On Student Loans: Data from recent research at US community colleges show that for many students, student loans help. It is a complicated issue, but Dr. Susan Dynarski () explains the research very clearly
Very interesting read. While there's no one-size fits all advice for your given financial situation, I'm a firm believer in the fact that a good education pays off. Thanks for sharing this, .
New research on the effects of #studentloans at community colleges concludes that “foregoing loans — without replacing those lost dollars with grants or lower tuition — hinders students’ academic progress & hurts their grades.” #CommunityCollege #HigherEd
Taking out a student loan is better than dropping out, writes .
What's worse than a student loan? Not having enough money to pay for college.
Two things that are true. 1) $1.6 trillion of student loans trail only home mortgages for consumer debt 2) Community college students who borrow less do worse in school, default more.
Taking Out a Student Loan Is Better Than Dropping Out: H/t for dropping some much-needed analysis on the #highered debt conversation.
More loans, more problems? Not necessarily. New studies show community college "students who borrowed more wound up defaulting less." An interesting read on higher ed debt this morning from
“This body of research doesn’t show that loans are the best way to fund college students. It just shows that if students don’t get enough money to pay for college, they can’t succeed.” I said that in Paying the Price. 🙄 ah, now an economist said it too!
.: "You might think that students would be better off scraping by with no loans at all. But it turns out that simply cutting loans — without replacing those lost dollars with grants or lower tuition — hinders students’ academic progress."
Timely and likely to be ignored by the politicians demagoguing the issue: “Perhaps counterintuitively, the researchers found that students who borrowed more wound up defaulting less”
Wow, expanding college access through modest loans at reasonable rates improves outcomes for students and the nation? The NYT is finally on to something...