Wednesday, July 6, 2016

Clinton Embracing College Plan Proposed By Sanders

Here's the story from CNN. This means if she gets into office, we push even harder. We push for this promise to be fulfilled and much, much more. We push for changes, immediate changes, for those of us who are part of the indentured educated class.

Thursday, June 2, 2016

Online Interview About Writing My Book, Solving the Student Loan Crisis

I was recently interviewed about the process of writing my book over at  Book Marketing Buzz.

Here's a snippet:

1.      What inspired you to write your book?
There were several things that inspired me to write Solving the Student Loan Crisis: Dreams, Diplomas & a Lifetime of Debt. First, I was on my way to becoming a professor, so I spent a lot of time in academia. The topic of student loan debt came up often. I myself am also a debtor, something I talk about openly in the beginning of the book. In fact, my student loan debt, at least in part, led to the demise of my marriage, one that lasted close to 10 years. But the topic also relates to my beliefs and commitment to social justice.
When I left academia, I went into publishing, and shortly thereafter, I launched a blog called, All Education Matters. This blog was originally intended to help me stay connected to academia and explore all sorts of intellectual ideas (hence the reason behind its name). However, shortly after I launched the blog or right around that time the banks were bailed out by the US government. There was a lot of public outrage, as many here will recall. So, a lot of people began asking, “Well, if the banks were bailed out, what about students, too?” This is part of what inspired me to begin exploring student loan debt, and that opened a huge can of worms. 

You can read the rest of the interview here. 

Wednesday, May 25, 2016

Forgive New Farmers of Their Student Loans?

Apparently higher ups at Clif Bar think that Congress should forgive student loans for young farmers.

In a recent Marketwatch article, the reporter noted that, the producers of the organic health bars "are urging Congress to pass the Young Farmer Success Act, a bill introduced last year that would allow farmers to have their student loan debt wiped away after 10 years of payments. Clif Bar is one of the biggest companies signing on to a letter drafted by the American Sustainable Business Council, of which the company is a member, asking Congress to enact the bill."

These calls for forgiveness by executives at large, well-known companies such as Clif are noteworthy. In some ways it is similar to the way in which Fidelity now offers employees the perk of putting money towards paying of their student loan debt ($10,000 is the max for each employee).  The program is popular, too. 5,000 employees at Fidelity have already signed up for the loan program as a new benefit.

It seems more businesses are paying attention to the student loan crisis, and executives have to be aware that those who are employed by them, and heavily indebted, are not nearly as productive as they could be with this financial stress hanging over their heads.

While my book offers specific solutions that aren't related to the private sector, these responses to the crisis in that area are encouraging. Of course, it is not the solution, but it is a point in the right direction. And if you purchase my book, you will find that I offer a set of solutions, as the crisis is too complex to come up with just one to solve it.