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Jul 25,2013
Student Debt Fears Lower the Bar
for Low Income Students
+ Jodie Adams Kirshner
Writing in The Hill, Research Professor Jodie Adams Kirshner looks into “the issue of how college debt affects low-income students in higher education and their families” in “Student Debt Fears Lower the Bar for Low Income Students.” She writes:
The national debate over the student loan crisis and the many stories of students saddled with decades of college loan payments has convinced many low-wealth families to avoid educational debt at all costs, even though, for all but the wealthiest families, financial success in America often depends on undertaking some debt.
The goal of Congress and the White House should thus be to ease the path to and through higher education prospectively—by providing access to inexpensive loans—rather than simply relying only on loan forgiveness after graduation.