College Board & DE A Match? And Is The Crisis Rhetoric On Student Debt Counterproductive?

This under-matching initiative in DE is a great idea, under-matching by low-income students is endemic.  The Times article also discusses a new – simplified – calculator Wellesley is using to help low-income parents understand the actual costs of attendance as opposed to the published “sticker price.” That’s a good initiative, too, but points up an important issue: Is the crisis rhetoric around student loans isn’t having an unintended consequence here?

Several things are true at once:  (1) College costs too much and colleges and universities are not doing what they should to help control costs, (2) it’s still a good investment overall and a great one if you are low-income, and (3) student debt, while a problem, is arguably not the crisis it’s popularly made out to be.

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