The student debt crisis
has affected many Americans. Though the rise in college student debt is often blamed on higher tuition costs, a radical shift in student financial aid–from a system relying primarily on need-based grants to one now dominated by loans–has been a major contributor to the challenge.
Left to Right: Thomas Keefe, Dennis McCuistion and Michael Sorrell
The student debt crisis has become a significant problem in the United States. Student loans have quadrupled in the last 8 years. Delinquency rates are high and millions of American students are facing massive debt and liability. The student debt crisis is hurting the American economy and in some cases forcing students to drop out of school because of excessive debt. Host, Dennis McCuistion, asks, “Is college even affordable for most, if at graduation future salaries will not compensate for the cost incurred?”
Joining McCuistion to talk about the student debt crisis, why the right college is an investment, how a first class education can be affordable, and why a college education matters are:
|Niki and Paul Quinn College guests
Higher education today is critical for most job opportunities. A college graduate will make a million dollars more in their lifetime than a high school graduate. The 3 major kinds of universities; public comprehensive, for profit universities and liberal arts can each be cost effective in its own way. Yet, too often students and their families are not adept at shopping for the right school. Many individuals are either unaware of safe lending options, or are taken advantage of by profit-seeking companies. Students need to become more aware of their options, the federal and private lending available to students and the many free or subsidized options that can reduce overall debt and still provide a good education.
Debt may not be an issue for those who can afford it- but many others have no choice. Join us to learn the truth behind the student debt crisis.
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As always we continue talking about things that matter with people who care.
Thanks for joining us…
Niki Nicastro McCuistion
Aligning Purpose, Performance and People
Corporate Culture Change Consultant and Problem Solver