With the beginning of the New Year, I want to start my column by first extending my best wishes to our members, your families, as well as your institutional families for health and continued fortitude in what can only be described as an era of unpredictability. Each of us celebrates, recognizes, or simply accepts the … More A. Commentary: Upholding the ACBSP Promise in an Era of Unpredictability
It’s no secret that student loan debt in 2019 is at the highest point ever in the history of higher education. The most recent student loan debt statistics show just how serious the student loan debt crisis has now become. According to a recent article in Forbes, there are more than 44 million borrowers who collectively owe $1.5 trillion in student loan debt in the U.S. alone. Further, student loan debt is now the second highest consumer debt category, behind only mortgage debt, with borrowers on average owing more than $30,000 when they leave school; whether they graduate or not. … More A New Way to Tackle Student Loan Debt: Innovative or Predatory?