Education First Compact – Student Loan Crisis: The Hidden Factors – Nov 3

Posted by Philadelphia Education Fund on October 18, 2022

Join us for the November 3rd session of the Philadelphia Education Fund’s monthly conversation series, Education First Compact.

Over their lifetime, a college graduate will earn an average of $1 million more than high school graduate. This fact continues to make a college education a solid investment for many, but seemingly not for all. During any given year, as many as one million borrowers default on their student loans and another six million are working to repay $2 trillion in college debt.

This summer in an effort to bring relief, the Biden Administration announced its decision to forgive up to $20,000 in college loan debt for millions of eligible borrowers. Whether you think the action went too far or didn’t go far enough is not at issue at this month’s Education First Compact. Instead, we ask the question: What are the “hidden factors” that give rise to America’s student loan crisis?

In what ways do concepts like college fit, postsecondary completion rates, enrollment management, and satisfactory academic progress, play into student indebtedness? What are colleges and universities doing to address mounting tuition costs and program fees? How are institutions reducing debt burdens by reimagining non-credit remedial coursework?

Come and engage with this topic alongside our panel of local, statewide and national experts at this month’s Ed Compact!

Date and Time: Thursday, November 3, 2022, 7:45 AM – 9:45 AM

Location: Philadelphia Education Fund, 718 Arch Street, Suite 700N, Philadelphia, PA 19106

Learn more and register.