Today, ED announced imminent NPRM for accreditor oversight and distance learning regulatory re-write. NPRM to be released later this week.
Full announcement can be accessed at;
College Education ROI- Part Two
The ‘Return On Investment’ of a college education continues to come under question as school COAs increase and rising student loan debt issues are debated. Some questions being asked include;
– What resources, and what kind of resources, should be made available to finance post-secondary education?
– Who should have access? Should there be a means test?
– Should they be subsidized? By who? How much?
Recent research* (part two) provides substantial data to support the premise that positive, measurable wage improvement exists for college educated individuals vs. those with only a high school diploma. “As with any investment, the costs and benefits of college accrue over different time intervals, making it a bit tricky for students and their parents to judge the economic value of a degree,” the report says. “Indeed, for the typical college student, the costs of college result in a negative cash flow while in school (assumed to be four years for a bachelor’s degree), followed by a positive cash flow (the college wage premium) received over one’s entire career. In order to weigh the up-front costs against the lifetime benefits, we calculate the internal rate of return — a measure investors commonly use to gauge the profitability of different kinds of investments.”
Join the debate.
*Full report can be accessed at:
While the cost of higher education Opens a New Window. can certainly be expensive, results of a study released Tuesday unveiled just how many parents would go into debt for it on behalf of their kids.
A survey from Country Financial showed that more than half of Americans polled – 56 percent – were open to fronting the bill for college and taking on debt as a result, according to a news release Opens a New Window. that detailed the survey results.
“The survey found that 56 percent of Americans would voluntarily go into debt to pay for their child’s college education, with the average person willing to take on $31K in debt,” the company said.