New Movie About Student Loan Defaults

As I talk with parents around the country about college choices, one of the most difficult concepts to get across is the fact that going to college can ruin a student’s life. It’s not just the constant drug and alcohol parties, not just the deadly hazing rituals or the high rape and sexual assault statistics.

No, the . . . → Read More: New Movie About Student Loan Defaults

Should students pay for campus renovations?

One of the practices criticized in my book is college administrators’ multi-million dollar building programs that are paid for my increasing tuition or adding on student fees. In a time when students are already struggling to pay off student loans in the $30,000 range or more, how ethical is it to add to their burden?

Unlike taxpayers . . . → Read More: Should students pay for campus renovations?

What if parents want party schools for their kids?

The Five-Year Party has been  in print for three and a half months now and is getting a lot of attention. So far, the responses from readers either to me personally or on various postings and Amazon reviews fall into three categories.

 1. The author doesn’t have a Ph.D so he has no right to comment on . . . → Read More: What if parents want party schools for their kids?

Should we be sending more students to beauty school?

In the building where my office is located in Keene, NH, there is a small beauty school, where young women attend to prepare for careers as beauticians, hairstylists and barbers. During the summer I had lunch with some of them out on the picnic table and they told me about their lives.

 In many ways they were . . . → Read More: Should we be sending more students to beauty school?

Student loan debt and unemployment both up, what is the alternative?

A new report from the Project on Student Debt shows that the average student loan debt went up 6 percent last year to an average of $24,000 at the same time that the recent graduate unemployment rate jumped to 8.7 percent in 2009, the highest annual rate in history.

 You can read the CNN report on this . . . → Read More: Student loan debt and unemployment both up, what is the alternative?

Armed with a diploma, he now cleans college toilets

Perhaps no story about what’s wrong with American higher education is more poignant than that of Sam Fanning of Eastern Michigan University.

After receiving his bachelor diploma from the college in December, he went to work as a janitor at his alma mater. The bottom line is this: He owes $35,000 in student loans and his payments . . . → Read More: Armed with a diploma, he now cleans college toilets

Police suspect date rape drug at college drinking party

A party near Central Washington University over the weekend resulted in a dozen students becoming sick from what police suspect may be a date rape drug. Eleven of the twelve victims were women.

Police found one student unconscious in her car in the next town and tracked the student down to the party at a summer home. . . . → Read More: Police suspect date rape drug at college drinking party

Obama says colleges need to be transparent about use of tuition money

In a conference call with students earlier this week, President Barack Obama made it clear that he understands many of the issues I raised in my book.

Each institution, he said, should publish a chart showing exactly where each dollar of tuition money is spent. He also said that tuition money is being wasted on “amenities” that . . . → Read More: Obama says colleges need to be transparent about use of tuition money

University of Kentucky president gets $157,000 raise

Okay, the University of Kentucky  is considering drastic cuts to meet budget problems so how are the college trustees planning to deal with it? Simple, give President Lee T. Todd Jr. a $157,000 raise! That brings his take home pay up to just over half a million a year. But wait, that’s not enough? How about making . . . → Read More: University of Kentucky president gets $157,000 raise

‘Death by fraternity’ wastes young lives

In my book I describe a number of cases of “death by fraternity,” and they are all equally tragic and completely senseless deaths. Here is how it works:

An innocent student, usually in a misguided moment, decides to pledge a fraternity. He signs up for a pledge class and within a week or two he is involved . . . → Read More: ‘Death by fraternity’ wastes young lives