Should College Come with a Money-Back Guarantee?

Autor/in	Akers, Beth
Institution	Manhattan Institute for Policy Research
Titel	Should College Come with a Money-Back Guarantee?
Quelle	(2019), (16 Seiten) PDF als Volltext kostenfreie Datei Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Monographie
Schlagwörter	College Students; Paying for College; Tuition; Risk; Loan Repayment; Costs; Income Contingent Loans; Student Financial Aid; Student Attitudes; Employment; College Graduates; Debt (Financial) + Suchen Sie Ihr Suchwort? Collegestudent; Studienfinanzierung; Unterweisung; Unterricht; Risiko; Cost; Kosten; Finanzielle Beihilfe; Studienförderung; Schülerverhalten; Dienstverhältnis; Hochschulabsolvent; Hochschulabsolventin
Abstract	Today, costs loom large in public discussions about the problems in higher education. That's no wonder. Tuition at four-year private colleges has grown at an average annual rate of 2.3% above inflation over the past 10 years. Four-year public and two-year institutions have seen similar trends, with tuition growing at an annual rate of 3.1% and 3.0% beyond inflation, respectively. Still, the single-minded focus on cost often diverts attention from a more basic problem: risk--the possibility that a college graduate's earnings will not be sufficient to enable loan repayment or, even more fundamentally, to justify the cost of enrollment, regardless of how the enrollment was paid for. This paper explores how to understand risk as a greater challenge to higher education than cost alone and considers the ways that colleges have taken steps to address this core challenge. (ERIC).
Anmerkungen	Manhattan Institute for Policy Research. 52 Vanderbilt Avenue, New York, NY 10017. Tel: 212-599-7000; Fax: 212-599-3494; Web site: http://www.manhattan-institute.org
Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2020/1/01