Phi Beta Cons

Lack of Federal Loans Puts Students at Risk?

Not all colleges participate in federal student loan programs. Some community colleges, for instance, have opted out because they’re wary of the Education Department’s new rules regarding student loan default rates, which will penalize schools where the “cohort default rate” is 30 percent or higher.

At such schools, students will no longer have access to federal loans or Pell grants. That could spell disaster for some community colleges, where Pell grant recipients far outnumber students receiving federal loans. 

In today’s Pope Center feature, Harry Painter points out that two-thirds of community colleges in North Carolina have decided not to offer federal loans. In 2010, the state’s Democrat-controlled legislature mandated that they do so, but 2012’s incoming Republican majority set in motion a repeal of that law. Painter writes:

The passion of the Democrats over this issue likely stems from the notion, pushed from President Obama on down, that policymakers should eradicate barriers to college access at all costs. However, the failure to consider the impact on Pell grants must be weighed against the access provided by loans.

Painter also criticizes a new report from the Institute for College Access and Success which states that community colleges “do their students a great disservice” by not offering federal loans. Read the full article here

Jesse SaffronJesse Saffron is a writer and editor for the John W. Pope Center for Higher Education Policy, a North Carolina-based think tank dedicated to improving higher education in the Tar ...

Most Popular

Media

The Unseemly Urge to Excuse Jeffrey Toobin

Jeffrey Toobin, legal analyst for CNN and The New Yorker, was suspended from his jobs and subjected to a round of public mockery for visibly exposing himself while masturbating on a Zoom call with New Yorker colleagues. The call was designed to role-play post-election scenarios for a contested election; Toobin ... Read More
Media

The Unseemly Urge to Excuse Jeffrey Toobin

Jeffrey Toobin, legal analyst for CNN and The New Yorker, was suspended from his jobs and subjected to a round of public mockery for visibly exposing himself while masturbating on a Zoom call with New Yorker colleagues. The call was designed to role-play post-election scenarios for a contested election; Toobin ... Read More
Media

Jeffrey Toobin and Our Public-Hate Ritual

Oh, Jeffrey Toobin — let him among us with a free hand cast the first stone. Toobin, a writer for The New Yorker and fixture on CNN, was participating in a role-playing exercise on a Zoom call with his magazine colleagues, wargaming election-night scenarios. Toobin was standing in for the courts when he ... Read More
Media

Jeffrey Toobin and Our Public-Hate Ritual

Oh, Jeffrey Toobin — let him among us with a free hand cast the first stone. Toobin, a writer for The New Yorker and fixture on CNN, was participating in a role-playing exercise on a Zoom call with his magazine colleagues, wargaming election-night scenarios. Toobin was standing in for the courts when he ... Read More
Elections

Biden Is Still Underperforming Hillary

On October 20, 2016: Hillary Clinton was up 6.8 in the RealClearPolitics average in Pennsylvania. Today, Biden is up 3.8. (that race only tightened to 2.1 in the last week of 2016.) Clinton was up twelve points in Michigan on that day. Biden is up 7.5 right now. Clinton was up 6.5 in Wisconsin. Biden is ... Read More
Elections

Biden Is Still Underperforming Hillary

On October 20, 2016: Hillary Clinton was up 6.8 in the RealClearPolitics average in Pennsylvania. Today, Biden is up 3.8. (that race only tightened to 2.1 in the last week of 2016.) Clinton was up twelve points in Michigan on that day. Biden is up 7.5 right now. Clinton was up 6.5 in Wisconsin. Biden is ... Read More
Media

The Biden Protection Racket

Joe Biden is the most cosseted presidential candidate in memory. He’s run a minimalist campaign that’s avoided the press as much as possible, while the press hasn’t been braying for more access and answers, but eager to avoid anything that could be discomfiting to the campaign. Never before have the ... Read More
Media

The Biden Protection Racket

Joe Biden is the most cosseted presidential candidate in memory. He’s run a minimalist campaign that’s avoided the press as much as possible, while the press hasn’t been braying for more access and answers, but eager to avoid anything that could be discomfiting to the campaign. Never before have the ... Read More