Student Debt and Time to Degree

 

Student Debt Task Force Report -
November 13, 2012
Report to Strategic Planning and Resource Council (SPARC)
Final Draft 11/20/12

 

Student Debt Task Force announced -
September 4, 2012
President's Memorandum to Faculty and Staff
(includes Committee members and charge)

 

Student Debt:
June 2012
"Draft Ideas and Suggestions For Consideration and Refinement"
document

 

Presentations -
"Building an Affordable Future for our Students:
 Addressing Student Debt and Time to Degree While Providing Academic Excellence" 

Feb. 15-16, 2012 - Big Rapids

Feb. 29, 2012 - Kendall

 

What are your ideas for addressing student debt?

- Comments received (from forum through 3/28/12)

  1.  How can we help more students graduate?  responses

  2.  How can we help students graduate more quickly?  responses

  3.  How can we reduce costs for our students?  responses

  4.  Are there other approaches we should consider to address this growing challenge for our students?
       responses

- Kendall forum responses

- Additional comments received (as of 4/11/12)

  1.  How can we help more students graduate?  responses

  2.  How can we help students graduate more quickly?  responses

  3.  How can we reduce costs for our students?  responses

  4.  Are there other approaches we should consider to address this growing challenge for our students?
       responses

 

Factors Affecting Student Debt -

Costs  responses

Family Income

Gift/Grant Aid  responses

Time to Completion  responses

Wise Financial Choices  responses

 

Links - 

Ferris Financial Aid Office:  Financial Literacy 

U.S. News & World Report: "New Three Year Degree Programs Trim College Costs"

The Chronicle of Higher Education:  "60 Ways to Leave a Flagship, With a Degree, Sooner"

LinkedIn "Headlines This Week":  "Could Many Universities Follow Borders Bookstores Into Oblivion?

MLive:  "With U.S. student loan debt topping $1 trillion, see how West Michigan stacks up"

Cost Articles:

 

Middle College Program:  Grand Rapids Press "Kenowa Hills, Davenport enter degree deal; Middle College program to start in the fall"  3/16/12

Wall Street Journal:  "Trying to Shed Student Debt

The New York Times:  "Cut the Confusion so Students Know Their Risks

Consumer Financial Protection Bureau:  "Know Before You Owe - Student Loans

Detroit Free Press  "Crushed by college debt: Massive loan bills hang over graduates, derail life plans