The average cost of one college year across all degree-granting intuitions in the U.S. was more than $19,000 in 2012, and we don't need to tell you what direction the price is heading. Which means lots of students are now borrowing heavily to make college work. President Obama threw some of them a lifeline earlier this week, with revisions to the government's Pay As You Earn program.
A California judge today ruled the state's laws governing teacher tenure and the firing of public school teachers unconstitutional, saying they interfere with the state's obligation to provide every child with access to a good education.
The plaintiffs in the case, Vergara v. California, argued that the tenure system for public school teachers in California verges on the absurd, and that those laws disproportionately harm poor and minority students. In his ruling, Judge Rolf M. Treu agreed.
Summertime means summer jobs for many college students. But, as we discussed today on All Things Considered, a summer job just doesn't have the purchasing power it used to, especially when you compare it to the cost of college.
President Obama made big news today for student loan borrowers. He said he'll use his executive power to expand a program called Pay As You Earn, which limits borrowers' monthly debt payments to 10 percent of their discretionary income. Under the program, loans don't just get less expensive; they can actually disappear. The balance of a loan is forgiven after 20 years â€” 10 years if the borrower works in public service (for government or a nonprofit).
Millions of young college graduates are now heading to job fairs. They'll be sweating in their unfamiliar suits in the summer heat. They'll be wondering: Do I really have what it takes to cut it in this job market? New research indicates that employers are just as doubtful.