Education

The need for greater accountability in higher education

From Inside Higher Ed: “Some of higher education’s worst scandals take place in clear sight and aren’t perpetrated by shady, sleazy for-profits but by some of the nation’s highest-profile universities—Columbia, Harvard, USC among them. A colleague directed me to one of the latest examples: ‘NYU Is Top-Ranked—In Loans That Alumni and Parents Struggle to Repay.’ As The Wall Street Journal explains: New York University parents and graduate students borrowed $3.4 billion in federal Plus loans over the past decade, more than at any other university. … Congress, for reasons that don’t bear scrutiny, has refused to cap Parent Plus loans, even though the program has derailed many families’ retirement plans and has left many parents struggling with debts they can’t repay.” 

View the full article from Inside Higher Ed.