Preston Cooper
Higher ed, student loans, college ROI. @AEI senior fellow. @Forbes contributor. Hiker, diver, dog appreciator. Usual disclaimers.
Articles
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1 week ago |
prestoncooper93.substack.com | Preston Cooper
For decades, the position of a college trustee was largely a public honorific, more valued for the free football tickets than the chance to reform higher education. But that’s changing. Many governors, notably Virginia’s Glenn Youngkin, have strategically appointed trustees who want to see real changes at their institutions. It’s a golden opportunity to fix much of what ails higher education. But trustees who want to make change need a roadmap.
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1 week ago |
aei.org | Preston Cooper
Senior Fellow Preston Cooper joined CNN This Morning to discuss how the House Republican reconciliation plan addresses student loans.
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1 week ago |
aei.org | Preston Cooper
House Republicans have introduced a comprehensive student loan overhaul as part of the broader budget reconciliation process. Known as the “Student Success and Taxpayer Savings Plan,” the package of reforms aims to save hundreds of billions of dollars through new student loan limits, changes to the repayment system, and policies to hold colleges accountable for their outcomes.
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2 weeks ago |
aei.org | With Beth Akers |Preston Cooper |Beth Akers |Howard Husock
With the Department of Education’s latest announcement on resuming student loan collections, a “student loan default cliff” is fast approaching. After years of paused payments and evolving forgiveness policies, millions of borrowers now face a dramatic shift in their financial obligations—and the federal government faces renewed pressure to manage a ballooning loan portfolio. What will this mean for students, taxpayers, and the broader economy?
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2 weeks ago |
aei.org | Preston Cooper
At the outset of the covid-19 pandemic, federal student-loan borrowers won what appeared to be a reprieve. That five-year pause on payments and interest accumulation is now shaping up to be a curse in disguise. Last week, the Trump administration drew criticism for announcing that the Education Department would resume involuntary collections next month.
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You have to pay your student loans. If you don’t the government will collect. This is how student loans work. Would it have been better to do this in 2021 when the economy was headed up instead of down? Absolutely. But Biden refused to do it then so here we are.
Objectively this will be bad for consumer spending and the economy as it will drive a lot of people out of the housing market and into desperate circumstances.
"With astonishing speed, the conviction took hold—fueled by admiration for China’s totalitarian lockdown strategy––that a willingness to lock citizens down was the measure of strong leadership. Before March was out, schools across the United States had shut their doors."
The Junk Science of Pandemic School Closure A new book by @davidzweig offers a painstaking look at how researchers, journalists, and policymakers got Covid wrong. Me, at @EducationNext. https://t.co/OMLnm6a4Mk
RT @kissel_adam: Thanks to editors @lindseymburke and @PrestonCooper93 for including my chapter on how trustees can work through existing a…