Read Up on Student Loans.
Welcome to the Digital News Lab. Here is some reading to prepare you for our reporting on student debt burdens facing recent graduates. Read the following articles and set up a Google News Alert for student loans. That will get you rolling into the Fall.
Racial Disparity in Loans
Student loans and Morehouse
https://www.wsj.com/articles/paths-of-2018-grads-show-potential-impact-of-billionaires-gift-11559655146
This table shows 74.8% of black students receive some form of aid versus 58.3% of white students.
Table 331.37. Percentage of part-time or part-year undergraduates receiving financial aid, and average annual amount received, by source of aid and selected student characteristics: Selected
years, 1999–2000 through 2011–12—Continued
https://nces.ed.gov/pubs2016/2016006.pdf
See pages 105 and on for details about loans and defaults by race
Status and Trends in the Education of Racial and Ethnic Groups 2016
https://nces.ed.gov/pubs2016/2016007.pdf
Academic article with data background
Young, Black, and (Still) in the Red: Parental Wealth, Race, and Student Loan Debt
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6049093/#R35
Black women have most debt
http://www.newsweek.com/student-loans-pay-gap-college-debt-black-women-white-men-women-gender-gap-1016776
Presentation at Investigative Reporters and Editors on Student Loans, Higher Ed Beat
https://docs.google.com/presentation/d/1l1nQ7Yged8cUwRtPONToJQyCV1GZdHnTowSDH1H_EIQ/edit#slide=id.p
How U.S. Education Has Become ‘A Debt Sentence’ [Infographic]
https://www.forbes.com/sites/niallmccarthy/2018/08/27/how-u-s-education-has-become-a-debt-sentence-infographic/#685a69c14900
Student loan court victory
https://mailchi.mp/1a31fe9fe6e9/us-pirg-applauds-court-decision-protecting-student-loan-borrowers?e=42bf75e052
Cost of attendance at UofA
https://finaid.uark.edu/cost-of-attendance.php
Student loans and Buttigieg
https://www.axios.com/newsletters/axios-am-d274dd34-124e-49a2-8dbb-335e59173644.html?chunk=1#story1
$1 Trillion Debt Problem
https://www.marketwatch.com/story/happy-birthday-americas-1-trillion-dollar-student-debt-problem-2018-04-25
$1.5 trillion of student loan debt has transformed the American dream
https://qz.com/1367412/1-5-trillion-of-us-student-loan-debt-has-transformed-the-american-dream/
NY Federal Reserve and student loan debt
https://www.newyorkfed.org/microeconomics/topics/student-debt
National Average Student Loan Debt in 2017: $28,228
https://www.jsonline.com/story/news/education/2018/08/08/wisconsins-average-student-loan-debt-29-569-class-2017/935750002/
I Paid Off $180,000 in Student Debt in 8 Years. Here’s How I Did It
http://time.com/money/5359103/student-loan-debt-payoff-lawyer-180000/
Congressman proposes tax breaks for businesses that help pay student loan debt for employees
https://www.ilnews.org/news/statewide/congressman-proposes-tax-breaks-for-businesses-that-help-pay-student/article_eee6af44-9b51-11e8-a8e3-9f7664a7ee1d.html
Loans and Homeownership
http://libertystreeteconomics.newyorkfed.org/2017/04/diplomas-to-doorsteps-education-student-debt-and-homeownership.html
Student Debt Is Worse for Women
https://www.chronicle.com/article/Student-Debt-Is-Worse-for/244145
Student loans default profiles
http://libertystreeteconomics.newyorkfed.org/2017/11/who-is-more-likely-to-default-on-student-loans.html
Student loan debt in Arkanas $9 billion of $1.19 trillion – 2015
https://talkbusiness.net/2015/08/arkansas-student-loan-debt-at-9-billion-small-part-of-1-19-trillion-in-u-s/
Student loan debt by state
https://wallethub.com/edu/best-and-worst-states-for-student-debt/7520/
Student loan calculator
https://wallethub.com/student-loan-calculator/#calculator
Report on Arkansas Student Loans – 2015 – for state legislature
http://www.arkleg.state.ar.us/assembly/2015/Meeting%20Attachments/038/I14012/AR%20Student%20Loan%20Authority%20-%20Report%20of%20Federal%20Student%20Loans%20in%20AR.pdf
Average Arkansas student debt is $31.000 and above – 2017
https://talkbusiness.net/2017/08/experian-arkansas-among-top-states-with-student-debt-trouble-u-s-student-debt-bubble-nears-1-4-trillion/
Arkansas Student Loan Authority
https://www.asla.info/Home
You could recoup the cost of college in under 3 years if you’re willing to do one thing
https://www.cnbc.com/2018/05/14/how-to-recoup-the-cost-of-college-in-less-than-3-years.html
Podcast: The Dig
It’s obvious that student debt can be an excruciating financial burden. But anthropologist Caitlin Zaloom explains that it has also done a lot to make American families into plunderable financial mines, part of a larger capitalist system that individualizes blame for economic failure and forces families that can to support their children into their twenties while depleting retirement savings.
https://www.blubrry.com/jacobin/32934777/the-dig-student-debt-capitalism/
Trump to Halt Private Debt Collectors for Student Loans
https://www.washingtonpost.com/news/grade-point/wp/2018/05/25/trump-administration-to-hand-student-debt-collection-to-loan-servicers-ending-use-of-collectors/?utm_term=.8f550ebec206
LendingTree Study: Top Metro Areas With Student Debt
https://www.lendingtree.com/student/places-with-the-most-student-debt/
Simple Trick to Pay Down Student Loans: CNBC
https://www.cnbc.com/2018/05/16/this-simple-trick-can-save-over-1400-on-your-student-loan.html
Student Loan Forgiveness Programs
https://www.yahoo.com/entertainment/theres-350-million-loan-forgiveness-grabs-can-get-funds-150529682.html
Student Loan Calculators
https://studentloanhero.com/calculators/
Settlement With Student Loan Refinancing Schemes
https://www.imperialvalleynews.com/index.php/news/national-news/14976-operators-of-student-loan-debt-relief-schemes-settle-ftc-charges.html
Investigation: College Dropouts Struggle with Student Loan Repayments
http://hechingerreport.org/debt-without-degree-the-human-cost-of-college-debt-that-becomes-purgatory/
Personal Finance Tips for New College Graduates to Manage Their Loans
http://www.finra.org/investors/highlights/congrats-grads-now-time-to-think-about-debt
Personal Finance – Gain Control of Your Loans
http://www.finra.org/investors/highlights/gain-control-your-student-loan-payments-these-3-questions
States that Punish Workers Over Student Loans
https://www.sgvtribune.com/2018/06/16/stop-states-from-punishing-workers-over-student-loans/
Hechinger Report: Investigative Journalism About Education
http://hechingerreport.org/our-mission/
LendU – Student Loan Refinancing
https://lendedu.com/
Contact me at rswells@uark.edu or @rwells1961 if you have questions. Thanks, Dr. Wells (updated 8/15)