Uncategorized

Another reason not to cut higher ed

Here (as highlighted by this story) are two additional good reasons not to cut public spending on higher education and thereby make it more unaffordable, as recommended by the right-wingers:

 #1 – Lower tuition (like we have here in North Carolina) means smaller loans, which clearly contributes to lower default rates. According to the story (citing the U.S. Department of Education), North Carolina’s student loan default rate of 5.9% is the lowest in the southeast and among the lowest in the country.

#2- For-profit vultures love to swoop in and suck up publicly-backed loans. Anything we can do to minimize this phenomenon — like keeping public education affordable and accessible is a good thing.

 

One Comment


  1. Eunice

    October 19, 2011 at 1:36 pm

    The next bubble to burst will be student debt- already amounting to over $2 trillion and counting. This has now surpassed credit card debt, and will probably be unsustainable especially with no jobs.

Check Also

Best editorial of the weekend: 10 things state lawmakers should do to mend their ways

The best editorial of the weekend actually turned ...

Top Stories from NCPW

  • News
  • Commentary

When Gov. Roy Cooper visits Wilmington on Monday, it's unlikely that he will be greeted by the [...]

When Gov. Roy Cooper signed the Strengthen Opioid Misuse Prevention or STOP Act into law last month, [...]

Support for needy districts and key positions within North Carolina’s top public school agency may b [...]

Wilmington is bustling this summer. Downtown, horse-drawn carriages take tourists along the riverfro [...]

It’s not an original thought to point out that the Trump Administration is a larger version of what [...]

Why this is not “business as usual” and should not be condoned Sometimes all one can do is stand and [...]

5.0---percentage of overall state spending in the 2017-2018 budget passed by the General Assembly as [...]

The post A legislative addiction appeared first on NC Policy Watch. [...]

Featured | Special Projects

NC Budget 2017
The maze of the NC Budget is complex. Follow the stories to follow the money.
Read more


NC Redistricting 2017
New map, new districts, new lawmakers. Here’s what you need to know about gerrymandering in NC.
Read more