Provided by Business Insider
Very few topics have received as much attention as the student loan/debt bubble.
The size, scope, and impact of this problem is an enormous anchor weighing down our next generation and our nation's economy.
Make no mistake, this anchor is not only impacting thousands of students and families but is also having an equally burdensome impact on colleges and universities nationwide.
Embedded within a very recently released Bloomberg commentary is a study by Richard Kneedler, President Emeritus of Franklin & Marshall College. In light of the economic crisis that hit our shores and continues to envelop our nation, in early 2009 Kneedler released a very granular review of the economic condition of close to 700 private colleges and universities. For anybody with even a passing interest in this issue, Kneedler's work, is a MUST read. What do we learn?
1. Using this post-crash model (and may it not be "mid-crash"), 207 colleges and universities—31% of the 678Read More »from Student Loan Bubble Putting Hundreds of Colleges at Risk