Free Republic

WASHINGTON (Reuters) - Banks wrote off $3 billion of student loan debt in the first two months of 2013, up more than 36 percent from the year-ago period, as many graduates remain jobless, underemployed or cash-strapped in a slow U.S. economic recovery, an Equifax study showed. The credit reporting agency also said Monday that student lending has grown from last year because more people are going back to school and the cost of higher education has risen. "Continued weakness in labor markets is limiting work options once people graduate or quit their programs, leading to a steady rise in delinquencies...

The Higher Education Problem and Some Solutions Abraham H. Miller A recent study of college undergraduates showed that there was no significant learning, critical thinking development, or writing improvement among nearly half of college students by the end of the sophomore year. At the end of four years and tens of thousands, if not hundreds of thousands of dollars in expenses, more than a third of college students learned little to nothing. No one who has taught in a college or university in the last several decades would be surprised by those findings. A lot of people go to college...