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Is it Time to Stop Pushing the “College-for-All” Mantra?

graduation

Would today’s students be better off if we provided and encouraged more hands-on training program options?
Annie Holmquist | January 19, 2016

In Forbes today, columnist Erik Sherman addresses a common mistake that politicians and the public make about education. All too often, writes Sherman, “we move from ‘education is good’ to ‘education will fix income inequality’ or otherwise charge the economy.”

Because the public has believed such taglines, the push to send every student to college to get a degree has seen a dramatic increase in recent years. And as the push to college has increased, so has student debt. In fact, as a recent Gallup poll noted, 35% of students who graduated in the last 10 years have racked up more than $25,000 in debt.

https://www.intellectualtakeout.org/blog/it-time-stop-pushing-%E2%80%9Ccollege-all%E2%80%9D-mantra

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Should N.J. parents of college students insure the cost of tuition?

Animal-House

AUGUST 22, 2015, 11:29 PM    LAST UPDATED: SUNDAY, AUGUST 23, 2015, 12:37 AM
BY PATRICIA ALEX
STAFF WRITER |
THE RECORD

For a few hundred dollars a semester, some of the pricier private colleges in the United States have long offered tuition insurance — policies that protect families and schools if a student withdraws for medical reasons.

Starting this year, however, tuition insurance is available to any family in New Jersey — no matter where a student goes to school. The company selling it also is offering more expensive plans that cover other “unforeseen reasons” for midsemester withdrawals, including “poor grades or a crisis at home.”

But is it worth the money?

The top executive at Allianz Global Assistance, which won New Jersey’s approval to sell the policies, said the state is ripe for the insurance, given that its tuition costs — even for public colleges — are among the highest in the nation, topping $25,000 a year if a student lives on campus. He said it makes sense to insure what is likely a family’s largest investment, after a home.

“We insure risk, and we saw a market for this,” said Joe Mason, the company’s chief marketing officer. “College isn’t a small investment. You insure your house, your boat, why not college?”

 

https://www.northjersey.com/news/should-n-j-parents-of-college-students-insure-the-cost-of-tuition-1.1396913