Did You Know? Majority of Federal Funding for College Is for Student Loans

The federal government has grown in importance for higher education for decades. The most long-lasting effect could be its status as the lender of first resort for student loans. The vast majority of federal spending on colleges and universities comes in the form of making loans, dwarfing all other activities. Of the $120 billion supplied … Continue reading “Did You Know? Majority of Federal Funding for College Is for Student Loans”


Are Christian Colleges Worth the Debt Burden?

Editor’s Note: The Council for Christian Colleges and Universities will provide a rebuttal in the near future. I am counseling a young married couple experiencing serious financial hardship. Their financial problems revolve around $30,000 in student loans with a 13 percent interest rate. The debt was incurred after the wife attended a Christian college whose financial … Continue reading “Are Christian Colleges Worth the Debt Burden?”


New Research Shows Federal Student Aid Is Worse than We Thought

For years I have railed against the dysfunctional federal student loan program. The availability of cheap federal student loans has enabled universities to increase tuition fees aggressively, helping fund an unproductive academic arms race that, among other things, has led to sizable administrative bloat on most campuses. The proportion of recent college graduates from the … Continue reading “New Research Shows Federal Student Aid Is Worse than We Thought”


Did You Know? The North Carolina Colleges with High Student Default Rates

When students take federal loans to pay for college, the government declares them to be in default if a student doesn’t make a payment for 9 months. According to the Department of Education, North Carolina has an 11.6 percent federal student loan default rate. That rate is slightly higher than the national average of 11.3 … Continue reading “Did You Know? The North Carolina Colleges with High Student Default Rates”


Did You Know? Student Loan Defaults Are Most Common in West Virginia, New Mexico

When students are late making a monthly payment on their federal student loans, the loan becomes delinquent. And if they don’t make any payments for 270 days, most types of federal student loans go into default. The Department of Education provides data on cohort default rates by institution, which informs the public of how many … Continue reading “Did You Know? Student Loan Defaults Are Most Common in West Virginia, New Mexico”


Student Loan Defaults Reveal the True Cost of Student Loans

With the rising number of student loan defaults, the federal government has reaped what it has sown. A government policy to give virtually any student a loan has pushed tens of thousands of them into a financial hole from which they will struggle to escape for years. A new report from The Institute for College … Continue reading “Student Loan Defaults Reveal the True Cost of Student Loans”