I AM a Shiny Penny
 
 
michaelmcgee:

robot-heart-politics:

pantslessprogressive:

“Of course, it’s not enough for us to increase student aid.  We can’t just keep subsidizing skyrocketing tuition; we’ll run out of money.  States also need to do their part, by making higher education a higher priority in their budgets.  And colleges and universities have to do their part by working to keep costs down.  Recently, I spoke with a group of college presidents who’ve done just that.  Some schools re-design courses to help students finish more quickly.  Some use better technology.  The point is, it’s possible.  So let me put colleges and universities on notice:  If you can’t stop tuition from going up, the funding you get from taxpayers will go down.  
Higher education can’t be a luxury – it’s an economic imperative that every family in America should be able to afford.” - President Obama

Mostly reblogging this for the graphic on student loan vs. credit card debt.

It’s true. $20,000+ student loan debt, $5000 credit card debt :)

Innnnteresting.
True life though; I’m going to have $24,000 in student loans vs. my 0 in CC debt at the end of grad school. Or something like that. 
thing though: Credit Card debt usually comes from spending habits that are outside of our means, while student loans are basically the only way to get an education unless you happen to be a trust fund baby or had parents with a really sweet savings plan for you. Grad School though? What grad student actually makes enough money to pay tuition? 

Anyway. I think a major part of the problem resides in our inability to educate WELL at a primary and secondary school level. Can we fix that one?

michaelmcgee:

robot-heart-politics:

pantslessprogressive:

Of course, it’s not enough for us to increase student aid.  We can’t just keep subsidizing skyrocketing tuition; we’ll run out of money.  States also need to do their part, by making higher education a higher priority in their budgets.  And colleges and universities have to do their part by working to keep costs down.  Recently, I spoke with a group of college presidents who’ve done just that.  Some schools re-design courses to help students finish more quickly.  Some use better technology.  The point is, it’s possible.  So let me put colleges and universities on notice:  If you can’t stop tuition from going up, the funding you get from taxpayers will go down. 

Higher education can’t be a luxury – it’s an economic imperative that every family in America should be able to afford.” - President Obama

Mostly reblogging this for the graphic on student loan vs. credit card debt.

It’s true. $20,000+ student loan debt, $5000 credit card debt :)

Innnnteresting.

True life though; I’m going to have $24,000 in student loans vs. my 0 in CC debt at the end of grad school. Or something like that. 

thing though: Credit Card debt usually comes from spending habits that are outside of our means, while student loans are basically the only way to get an education unless you happen to be a trust fund baby or had parents with a really sweet savings plan for you. Grad School though? What grad student actually makes enough money to pay tuition? 

Anyway. I think a major part of the problem resides in our inability to educate WELL at a primary and secondary school level. Can we fix that one?