26 avril 2015

The Cost of Financing Education: Can Student Debt Hinder Entrepreneurship?

By Karthik Krishnan and Pinshuo Wang. Student loans can impose a significant cost of undertaking risky endeavors such as starting up businesses. Using data from the Survey of Consumer Finances (SCF), we find evidence supportive of the recent policy decisions to reduce the burden of student debt to promote entrepreneurship. First, we find that a greater amount of student debt is negatively related to the propensity to start a firm. Second, conditional on starting up a firm, individuals having more student debt have less profitable firms. Further, these effects are stronger among younger cohorts and for individuals in high-technology industries. Using the Higher Education Amendments of 1992, which made federal Stafford loans more widely available, as an exogenous shock to student debt, we find that student debt negatively impact entrepreneurship and entrepreneurial success. The negative relation between student debt and entrepreneurship is stronger when the individual has a dependent spouse. Further, we find that student debt reduces the tendency of high-reward and high risk-preferring individuals to take on entrepreneurial ventures. Our evidence indicates that student debt may inhibit entrepreneurship by reducing the expected payoff of these ventures to individuals by exacerbating the effect of negative outcomes on the individual. Given the high value of student loans outstanding (more than $1 trillion) and its potentially significant impact on entrepreneurship, we believe that our results shine some light on an important phenomenon. Northeastern U. D’Amore-McKim School of Business Research Paper No. 2586378. Download This Paper. More...

Posté par pcassuto à 16:42 - - Permalien [#]


13 avril 2015

The New York Times Offers One of the Worst Explanations You’ll Read of Why College Is So Expensive

MoneyboxBy Jordan Weissmann. Over the weekend, the New York Times managed to publish one of the most confused op-eds on the price of higher education that I've ever had the displeasure of reading. Paul Campos, a law professor at the University of Colorado, would like us all to believe that college deans who say they have to raise tuition because of government funding cuts are just fibbing. "In fact, public investment in higher education in America is vastly larger today, in inflation-adjusted dollars, than it was during the supposed golden age of public funding in the 1960s," he writes. Read more...

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31 mars 2015

The hidden costs of success are too high for low-income students

By Stephen Downes - Stephen's Web. The hidden costs of success are too high for low-income students
Alyssia Fogarty, University Affairs, 2015/03/26

As a low-income student when I was a student, I can personally attest to this: "paying for event admissions, society membership fees, travel costs for conferences and for food and drinks at informal social gatherings. More...

Posté par pcassuto à 14:35 - - Permalien [#]

29 mars 2015

Cost of a degree 'is not worth it', says Oxford bursar

http://t0.gstatic.com/images?q=tbn:ANd9GcQPxnNUZkzq1IINmqwJMRe0Mx9jmcJPvZ89WaflkoXFnHo0R2jfVuceEAwwBy . A bursar at the University of Oxford will say in a speech that the £9,000 per year cost of a British university degree is not worth it for many students. Read more...

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The hidden costs of success are too high for low-income students

Résultat de recherche d'images pour "universityaffairs"By Alyssia Fogarty. There’s a price to pay to attend university; there’s another to pay to succeed once we’re in.
University is expensive. Rising tuition rates, the cost of living independently, textbooks, health plans, bus passes and meals all quickly add up. There’s a hefty price tag on education that everyone can see and everyone is talking about. More...

Posté par pcassuto à 01:23 - - Permalien [#]


The LoCoMoTion project aims to assist institutions to develop MOOCs at lower costs

Résultat de recherche d'images pour "open education europa"Researchers from five European universities have just gathered in Delft to launch the Erasmus+ LoCoMoTion project, aiming to assist individuals and institutions to develop MOOCs at lower costs. More...

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17 mars 2015

Creating Value By Focusing on Costs and Outcomes

The EvoLLLutionBy  - EvoLLLution. What is in the promise of higher education? Most parents, if asked, would certainly say they hope their child will earn a college degree. That is probably based on the assumption (backed up by research) that people with degrees have more opportunities and earn much more in their lifetimes, even after taking into account the cost of tuition. More...

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16 mars 2015

Four years of higher education in Central Mass. for $30K

WBJlogoBy Carol McDonald. Four public institutions of higher education in Central Massachusetts are collaborating to guarantee qualifying students four years of post-secondary schooling for $30,000. The arrangement begins this fall and involves Fitchburg State University, Mount Wachusett Community College in Gardner, Quinsigamond Community College (QCC) in Worcester, and Worcester State University. More...

Posté par pcassuto à 00:54 - - Permalien [#]

09 mars 2015

Coût des études : les écarts se creusent… et menacent le système

Blog Focus Campus de Jean-Claude Lewandowski. Alors que certains étudiants peinent à joindre les deux bouts, d'autres peuvent engager des moyens financiers considérables pour assurer leur réussite. A terme, ces écarts croissants sont un danger pour l'ensemble de l'enseignement supérieur.
La question du coût des études et des moyens financiers qu'y consacrent les étudiants (et les familles) donne lieu à des clivages de plus en plus marqués. Les écarts se creusent fortement entre deux types de population. Suite...

Posté par pcassuto à 22:32 - - Permalien [#]

08 mars 2015

Socioeconomic Gaps in Virginia Higher Ed

HomeBy Michael Stratford. A new analysis released Wednesday shows, in stark detail, how those increased costs to students are impairing the success of students in the state, particularly low-income students. Read more...

Posté par pcassuto à 09:51 - - Permalien [#]