Student Debt Crisis - Student Loans

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The student debt crisis has affected many Americans. Though the rise in college student debt is often blamed on higher tuition costs, a radical shift in student financial aid–from a system relying primarily on need-based grants to one now dominated by loans–has been a major contributor to the challenge.

Left to Right: Thomas Keefe, Dennis McCuistion and Michael Sorrell

The student debt crisis has become a significant problem in the United States. Student loans have quadrupled in the last 8 years. Delinquency rates are high and millions of American students are facing massive debt and liability. The student debt crisis is hurting the American economy and in some cases forcing students to drop out of school because of excessive debt. Host, Dennis McCuistion, asks, “Is college even affordable for most, if at graduation future salaries will not compensate for the cost incurred?”

Joining McCuistion to talk about the student debt crisis, why the right college is an investment, how a first class education can be affordable, and why a college education matters are:

David E. Daniel, PhD: President of the University of Texas at Dallas (via video),
Thomas W. Keefe, J.D.: President of the University of Dallas, and
Michael J. Sorrell, J.D.: President of Paul Quinn College

Niki and Paul Quinn College guests

Higher education today is critical for most job opportunities. A college graduate will make a million dollars more in their lifetime than a high school graduate. The 3 major kinds of universities; public comprehensive, for profit universities and liberal arts can each be cost effective in its own way. Yet, too often students and their families are not adept at shopping for the right school. Many individuals are either unaware of safe lending options, or are taken advantage of by profit-seeking companies. Students need to become more aware of their options, the federal and private lending available to students and the many free or subsidized options that can reduce overall debt and still provide a good education.

Debt may not be an issue for those who can afford it- but many others have no choice. Join us to learn the truth behind the student debt crisis.

If video doesn’t play correctly, open it here.

As always we continue talking about things that matter with people who care.

Thanks for joining us…

Niki

Niki Nicastro McCuistion

Executive Producer/Producer

Aligning Purpose, Performance and People
Corporate Culture Change Consultant and Problem Solver

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Perspectives Matter is a McCuistion Program and as part of a 501(c)(3) tax-exempt organization does not receive any pledge dollars, PBS funds, or government grants. The funding that has kept us on the air for 33-plus years comes from our grantors and loyal viewers. Your donation allows us to continue to hold engaging programs that provide different perspectives. To be a catalyst for change, support our TV programs. Thank you for your support and for watching.

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By Niki Nicastro McCuistionPublished On: July 13, 2014Categories: Featured Program, Niki Site, Recent Programs3 CommentsTags: student debt crisis, student loans

NCPA Report: Why the "Rich" Can Get Richer Faster than the "Poor"

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Another Debt Crisis: Student Loans

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