By Watson Scott Swail, President & Senior Research Scholar, Educational Policy Institute Back in 1971, the FRAM oil filter company introduced what would become a very popular commercial on TV that ended with this tag line: “You can pay me now, or pay me later.” The meaning being that the cost of a $10 oil filter could save you hundreds or thousands of dollars down the road. … Continue reading You Can Pay Me Now, or Pay Me Later.
By Watson Scott Swail, President & Senior Research Scholar, Educational Policy Institute Listen to today’s Swail Letter on iTunes and Soundcloud. This week, it was announced that the 11th richest person in the world, former New York City Mayor, and potential Democratic 2020 Candidate Michael Bloomberg gave his alma mater, Johns Hopkins University, a record-breaking $1.8 billion gift for student aid to ensure that their admissions … Continue reading Robin Hood, Michael Bloomberg, and College Affordability
By Watson Scott Swail, President & Senior Research Scholar, Educational Policy Institute Although four years late, House Republicans and Democrats are looking at a potential reauthorization of the Higher Education Act of 1965, which used to be reauthorized every four years during the 70s, then pushed to six years in the 80s and 90s, and now will likely be 10 years for the last two reauthorizations … Continue reading A New Plan for Student Debt?
By Watson Scott Swail, President & Senior Research Scholar, Educational Policy Institute The New York Times David Leonhardt, one of the few journalists that I read on a daily basis, published an article this morning on the “new dropout crisis.” The crisis, in this case, is that the national college dropout rate has eclipsed the national high school dropout rate. While I am glad to see … Continue reading The New Dropout Crisis? Not so New
By Watson Scott Swail, President & Senior Research Scholar, Educational Policy Institute A new study by NACUBO says that half (49.9 percent) of the revenues from tuition and fee charges at private, not-for-profit institutions of higher education are used to discount the sticker price of a college degree at these institutions. The lesson from NACUBO is that students and parents must look at the discounted price—not … Continue reading The Nexus of Tuition Discounting and Federal Funding of Higher Education
