Fiscal Reckoning Dead Ahead

The $14 Billion bailout for U.S. colleges and universities as part of the recent CARES Act will not solve the widening financial deficits in higher education. Costs to maintain buildings and the physical grounds, despite the lack of students present on campus, as well as salaries to faculty and staff must still be paid. Additionally, many university officials also spent…

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Student Loan Payment Pause

On Friday, March 27, 2020, Congress and President Trump passed the CARES Act [Coronavirus Aid, Relief, and Economic Security Act], and millions of student loan borrowers gained a temporary reprieve from making payments until September 30, 2020. Additionally, as President Trump promised two weeks ago, student loan interest is also waived until September 30, 2020. Mark Kantrowitz of SavingForCollege.com, recommends:…

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Liberal Tech

A recent Forbes article, highlighted the importance of humanities and other liberal arts degrees, despite the cultural norm that STEM is the only means to economic prosperity. The human to human connection is what bridges technology with it’s intended outcome: more efficiency based on information. Although technology is a more efficient means to collate data, a human translator helps those…

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Is College the New Speculation?

Often students earn college degrees to increase their likelihood of future financial stability.  Yet, as college costs are rising, students and their parents subsequently are borrowing more to earn said degree, thus students “spend” the equivalent of a few years’ of post-graduation wages while parents may delay retirement, the question is, “Is college worth the cost?” According to a recent…

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