FROM Sandy Baum
Student Debt Is Out of Control: Is it Ever OK to Default? For baby boomers, the big issue was war and peace. For millennials it's student debt. That's according to a poll by Harvard University . With the average amount owed about $35,000, the total burden is more than a trillion dollars for college and graduate school for some 40 million Americans, — all of whom are old enough to vote. In the Washington Post , Danielle Douglas-Gabriel reports that presidential candidates of both political parties are addressing the issue. Meanwhile, the New York Times is being called irresponsible for an op-ed piece encouraging student debtors to default on their payments. Is that the start of a much-needed conversation or just lousy advice? We hear more about the high cost of higher education.
The Soaring Costs of College Tuition If you are a student or a parent of a student headed for college, the numbers are daunting: $240,000 for a private four year college. Even some state Universities can now cost upwards of $80,000. Half of all student federal loans are now in arrears. It all adds up to one question: Is college worth it? And if not, what’s being done to help students struggling with debt, and what alternatives are out there for kids questioning the value of liberal arts education at such a high price? We’ll look at alternative models to the traditional four year college, and question what the value is of a liberal arts education in dollars and cents.
White House budget proposal slashes and burns President Trump's first budget request is considered dead on arrival in Congress — a familiar development in Capitol Hill. We hear what it reveals about the priorities of the new administration. What's likely to die… and what might survive?
Janesville and the American Dream Janesville, Wisconsin is the hometown of Republican House Speaker Paul Ryan. But he couldn’t prevent the closing of the General Motors factory after 100 years. On this Memorial Day rebroadcast of To the Point, we hear what’s happened to what once was a model of American middle-class unity.