Opinion: Take politics out of student loan process – Arne Duncan – POLITICO.com

This item came across my desktop last week, but I managed to forget to post it. However, it addresses a chief complaint from parents as well as students who are struggling to repay student loans, often for the first member of a family to attend college. I agree with Arne Duncan that the politics–as in Democrats versus Republicans in a presidential campaign year–needs to be taken out of the equation when considering new regulations involving repayment of student loans. However, the bigger problem is the astronomical rise in college costs throughout the country–including online education, which is as issue Duncan does not address here. Regardless, this is an interesting read in a year in which politics appears to be king.

What follows is the complete text, with a link to the original article.

Take Politics Out of Student Loan Process

by Arne Duncan

This op-ed appeared in today’s edition of Politico

Last month, I had the honor of giving the commencement address at Howard University. I was filled with hope and inspiration looking out at the faces of all those young people, often the first in their family to attend college.

Those students and their families worked hard, sacrificed and saved to go to Howard. And for many of them, getting a degree would not have been possible without the help of Pell Grants and low-interest federal student loans.

These students and parents understand that a post-secondary education is the ticket to economic success in America. But while it’s never been more important to have a degree, a certificate or an industry-recognized credential — it’s also never been more expensive.

Since 1995, college costs across the country have increased almost five times faster than median household income. As a result, students and their families are taking on more and more debt. Borrowing to pay for college used to be the exception, now it’s the rule.

About two-thirds of college graduates borrow to go to school, and on average they’re graduating with more than $26,000 in debt. In an economy still recovering from the worst downturn since the Great Depression, getting a job is hard enough, but paying back those loans is daunting.

To make matters worse, a policy change is coming at the end of this month that will make getting out of debt more expensive for more than 7 million young Americans next year: Without congressional action, the interest rate on Stafford loans will double from 3.4 percent to 6.8 percent, starting July 1.

Based on the average loan amount, doubling the Stafford loan interest rate will add more than $1,000 in total costs for borrowers. For students who borrow heavily to go to college, it could cost even more. Only Congress can keep these interest rates from doubling. And yet Congress has so far failed to deliver.

While I appreciate that some congressional Republicans have recently indicated they’re now willing to work with the administration to find a solution, the debate so far has been largely divided along party lines and made no progress.

Americans are tired of political fights in Washington. It’s time to stop talking and start doing. People want Congress to put politics aside and come together to produce real results that make a difference. And you can count college students at the top of that list. I am optimistic that both parties can — and should — find common ground to reach a bipartisan compromise.

President Barack Obama has traveled to colleges and universities across the country, urging Congress do its part to keep college affordable by stopping student loan interest rates from doubling this July. With so many students struggling to both make ends meet and afford the skyrocketing price of a college degree, now is not the right time to heap more costs on them.

All of us share responsibility for making college affordable and keeping the middle-class dream alive. Parents need to be smart consumers, and students need to finish on time or even early.

Colleges and universities need to be efficient and productive in delivering educational value to students. Graduating students ready for success should be as important to professors as research and publishing. Institutions should ensure that keeping costs down does not take a back seat to the expensive amenities outside the classroom. Where it makes sense, they should offer lower-cost options such as online learning.

States must do their part to make higher education a higher priority in their budgets. Last year, 40 states cut higher education spending — the single most significant factor in tuition increases.

The Obama administration is working everyday to do its part. But we need Congress to step up and help. Over the past two years, we’ve worked with Congress to dramatically boost Pell grant funding by passing the Recovery Act. We’ve also eliminated billions of dollars in wasteful taxpayer subsidies to banks, plowing the savings into aid for low-income college students.

We’re helping students better manage their debt after graduation with programs like income-based repayment, loan consolidation and public service loan forgiveness. And we’re proposing to double the number of work-study jobs and make the American Opportunity Tax Credit permanent, which would provide $2,500 annually for working families to pay for college. We’re also calling for new incentives for states and institutions to keep college costs from escalating.

We took all of these steps because the president and I believe education is a public good. College should not be reserved only for those who can afford it. Investing in education is the best investment America can make to bolster its competitiveness in a knowledge-based, global economy. If we don’t invest today, we will lose tomorrow.

Now, America can take another simple step forward and keep the interest rate on Stafford loans at 3.4 percent — but only if Congress does its job and comes together around a fair and responsible way to pay for it.

In 2007, a Democratic-controlled Congress and a Republican president came together to lower interest rates on these loans because it was the right thing to do. That Congress did not put politics ahead of students and neither should today’s. Let’s do the right thing for America’s students — and for our nation’s economy.

Arne Duncan is the secretary of education.

Opinion: Take politics out of student loan process – Arne Duncan – POLITICO.com

#educ_dr

Educators Need to Discuss and Learn…? « My Island View

The following blog post has caused me to wonder about many things, but the teaching of critical thinking skills–or rather its lack–makes me wonder about the future of our public educational system. Although the author discusses other topics related to education in his post, it’s the critical thinking that caught my eye–mostly because critical thinking is so important in every aspect of our lives, whether we realize it or not. Without critical thinking, can there be true creative thinking? Is there any aspect of learning–and life in general–that is not affected by thinking critically about something? Remember, critical thinking does not mean we look for the negative in everything; it means we weigh pros and cons, think about the past, and plan for the future, among other things.

Take a few minutes to click over to the blog below. See if you there are other aspects of education that you think are more important for the general well-being of American society. Then think about whether or not we should be judging a teacher’s ability to teach on his/her ability to teach to the test and to teach test-taking skills instead of just teach for learning with a bit of practice in taking state tests.

Enough said on this topic for now. I’ll return to it at another time. Meanwhile, read on.

Educators Need to Discuss and Learn…? « My Island View.

If the link above does not work, copy and past this URL into your browser: http://tomwhitby.wordpress.com/2012/06/18/educators-need-to-discuss-and-learn/#comment-3043

#educ_dr

The Nation’s Report Card: Trial Urban District Assessment Reading 2011

If you are interested in issues related to the education of Native Americans, this is a wonderful report that came out in December, one of the first of The Nation’s Report Card publications.

The Nation’s Report Card:
Trial Urban District Assessment Reading 2011

This report from the National Assessment of Educational Progress (NAEP) presents results from the Trial Urban District Assessment (TUDA) in reading. Representative samples of fourth- and eighth-grade public school students from 21 urban districts participated in the 2011 assessment. Student performance is reported as average scale scores on the NAEP reading scale and as percentages of students who attained the achievement levels set by the National Assessment Governing Board. District results are compared to results for all students attending public schools in the nation and large cities (i.e., cities with populations of 250,000 or more) overall and by race/ethnicity and eligibility for free/reduced-price school lunch. In 2011, scores for both fourth- and eighth-graders in five districts were higher than the scores for students in large cities, and scores for both grades were lower in nine districts. Among the 18 districts that also participated in the 2009 assessment, there was no significant change from 2009 to 2011 in the scores for any of the districts at grade 4, and just one district scored higher at grade 8. Scores for students in the remaining districts did not change significantly from 2009 to 2011.

December 2011
Author: National Center for Education Statistics

View or download from:
http://nces.ed.gov/pubsearch/pubsinfo.asp?pubid=2012455

If the link does not work, copy the URL into your browser. The report is free, and contains a lot of useful information.

#educ_dr