The next few weeks will be filled with university commencement
ceremonies that are being held all over the country. But what does
a college degree really mean today? Reason TV interviewed
Instapundit's Glenn Reynolds last month on
perception of higher education and potential reforms. The original
writeup is below:
"It's kind of a weird thing that’s happened with American
society—this idea that you have to have a college degree to be a
respectable member of the middle class," says Glenn Reynolds,
professor of law at the University of Tennessee and purveyor of the
popular Instapundit blog.
As hundreds of thousands of recent graduates enter the workforce the ticking timebomb of student debt goes off. Many will have six months before their loan bills start coming due. The higher education bubble continues to rage produc...
If you’re like the two-thirds of college grads who took on debt to pay for their degrees, you owe an average of about $30,000 in federal student loans. That means you’ll likely be facing steep monthly payments stacked against a low ...
Student loans are becoming a problem for more college graduates — or more particularly the ability to pay them. Higher college tuition and fees has led to larger student loan debts with commensurately higher monthly payments. [...] ...
HIGHER EDUCATION BUBBLE UPDATE: Student Loan Deal Comes With Tax Catch. “Millions of taxpayers struggling with student loan debt are being pitched what may seem like a dream come true this tax season: lower monthly payments and a ch...