ERIC Number: EJ1141750
Record Type: Journal
Publication Date: 2017-Mar-13
Higher Education Affordability: Two Approaches
DiSalvo, Steven R.
New England Journal of Higher Education, Mar 2017
There are two initiatives that can dramatically change the way college pricing and student debt are being handled under the current system. Both are commonsense solutions that would, if accepted, dramatically help students, graduates and families burdened by the cost of tuition and the loans they take to earn their degrees. First, income-based loan repayment (IBR) should be the default mechanism for student loans to be paid off. Second, a temporary exemption to federal antitrust laws would allow colleges to speak with one another about a sector-wide reduction of the gross price. These two initiatives are presented in this article.
Descriptors: Higher Education, Debt (Financial), Costs, Paying for College, Tuition, Laws, Income, Student Financial Aid, Loan Repayment
New England Board of Higher Education. 45 Temple Place, Boston, MA 02111. Tel: 617-357-9620; Fax: 617-338-1577; e-mail: firstname.lastname@example.org; Web site: http://www.nebhe.org
Publication Type: Journal Articles; Reports - Descriptive
Education Level: Higher Education; Postsecondary Education
Authoring Institution: N/A
Grant or Contract Numbers: N/A