The Federal Student Loan Program Is Unraveling by Beth Akers Preston Cooper & Joe Pitts AEI Education
aei.org/op-eds/the-fed…

🚨31% of higher education programs have a negative return on investment for students. U.S. Senator Bill Cassidy, M.D.'s College Transparency Act would ensure students & families have better access to this information as they consider higher ed opportunities. Better information=better decisions.

Today at CNN Opinion, Beth Akers, Preston Cooper, & I previewed our American Enterprise Institute/FREOPP report on private student lending.

Federal student lending is broken, subsidizing universities with hundreds of billions of taxpayer dollars w/ little accountability.
cnn.com/2024/05/09/opi…

“Millions of students pursue college degrees that leave them no better off financially,” write Beth Akers, Preston Cooper and Joe Pitts cnn.com/2024/05/09/opi…

31% of programs offered by colleges & universities leave students WORSE off than if they hadn’t enrolled in the first place. This is unacceptable. That’s why Virginia Foxx intro'd the College Cost Reduction Act to hold schools accountable for charging too much for degrees that…

#txlege - too many students are going to college and not getting a positive ROI - and they are doing so at taxpayer expense

The findings show that college is worth it more often than not, but there are key exceptions. ROI for the median bachelor’s degree is $160,000, but that median belies a wide range of outcomes for individual programs. Preston Cooper freopp.org/does-college-p…

I propose that we show this chart to all incoming college students at orientation

Deciding whether to go to college is a tough choice and determining which major will influence your earnings.

Those who can’t afford their student loans should have considered the potential earnings from their major before racking up so much debt.

#studentloans #college

In the long run, college can be huge benefit. But it can also saddle students with a mountain of debt in a field with a salary that doesn't justify it. The amazing resource below is vital for parents and would-be college students to examine when choosing a degree path.

****31%***** of higher ed programs (weighted by enrollment) have a negative ROI.

Preston is the one-man higher ed reform movement we need! Hear more from him on which college degrees are gold (and which are garbage) in Episode 48 of Free the Economy podcast: youtube.com/watch?v=Gulku2…

🚨🚨 “31% of higher ed programs (weighted by enrollment) have a negative ROI.”