A recent report released by the Institute for Policy Studies finds that student debt and low-wage faculty labor are rising faster at state universities with the highest-paid presidents. Usually those three hotly debated issues: student debt, increased use of part-time faculty, and inflated executive pay are discussed as separate issues, but researchers wondered if the three were related. What they found shows that all three are connected in ways worthy of a Charles Dickens novel.
According to a recent report by the National Student Clearinghouse Research Center, some older students are actually leaving school to return to an improving job market. Since last year, enrollment dropped by 0.8 percent; over the previous year, enrollment declined 2.3 percent.
The cost of education continues to rise, and students and families continue to borrow ... and borrow ... and borrow.