Notes in the Margins: Loans, campaign contributions and Generation Y
Why Is College So Expensive? Many of the protesters occupying Wall Street and other places say they are upset about the rising price of going to college. Tuition and other costs have been going up faster than inflation, and family incomes can't keep up. Despite public outrage about the problem, there's little sign these costs will drop anytime soon. (NPR)
Student loans outstanding will exceed $1 trillion this year The amount of student loans taken out last year crossed the $100 billion mark for the first time. (USA Today)
The Kids Are Actually Sort of Alright My screwed, coddled, self-absorbed, mocked, surprisingly resilient generation. (New York Magazine)
Obama, Romney attract student contributions The amount of money contributed to campaigns by those listed as “students” has grown nearly six-fold from 2000 to 2008. The amount of student donors has sharply decreased, though, in the 2012 election cycle. (USA Today)
Bad Marks for College-Savings Plans May Not Call for a Time Out The results come as several states are adding more conservative investment options, in part to address complaints from parents that the existing plans are riskier than they thought. (The Wall Street Journal)
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