Legislators hear of 'no-loan' proposal for college students | Arkansas Blog

Tuesday, August 16, 2016

Legislators hear of 'no-loan' proposal for college students

Posted By on Tue, Aug 16, 2016 at 4:20 PM

click to enlarge REAL COSTS: Chart compares cost of attending UA with costs at North Carolina, when allowances for lower-income students are included.
  • REAL COSTS: Chart compares cost of attending UA with costs at North Carolina, when allowances for lower-income students are included.

Rep. Greg Leding
of Fayetteville made a presentation before the Arkansas Legislative Council higher education subcommittee today on the idea to institute a "no-loan" element to help lower income students get through college without crushing debts.

Some 60 schools have no-loan programs. In the simplest version, students with low enough income receive straight grants to cover college costs for amounts they previously had to borrow.

Student debt is a huge problem and growing. Leding said 55 percent of degree-holders in Arkansas have college debt averaging more than $25,000 per student. It's no surprise that enrollment of lower-income students has been static or falling against rising costs. Meanwhile, he said some 6,000 students at the University of Arkansas come from families with income greater than $110,000, or three times the state median income. That sector is growing rapidly, he said.

His presentation included a comparison of the actual cost of attending UA versus comparable regional universities, when allowances are included for help based on income. UA is more expensive. He'd earlier gotten analysis that showed a poor student could expect to attend Harvard for less than UAF.


Tags: , , , ,

From the ArkTimes store

Favorite

Comments (14)

Showing 1-14 of 14

Add a comment

 
Subscribe to this thread:
Showing 1-14 of 14

Add a comment

More by Max Brantley

Readers also liked…

  • More on how highways were used to wipe out "blight" of non-white neighborhoods

    Vox, a news website that concerns itself with energy and other issues, has a fine piece, including before and after images, on the history of the U.S. interstate system and why roads were built through the middle of cities (unless people of influence stopped them — see Manhattan, San Francisco and Washington, D.C.)
    • Mar 22, 2016
  • LR speakers blast state board for double standard

    A series of speakers, beginning with Sen. Joyce Elliott, denounced what they saw as a hidden agenda favoring charter schools at the state Department of Education and asked the state Board of Education for return of local control.
    • May 12, 2016
  • Kenneth Starr: A comment from Betsey Wright

    Betsey Wright, former President Bill Clinton's chief of staff when he was Arkansas governor, responds bitterly to a New York Times article today quoting Whitewater Prosecutor Kenneth Starr's warm words about Clinton. She can't forget the lives Starr ruined in Arkansas.
    • May 24, 2016

Most Shared

  • 'Cemetery angel' Ruth Coker Burks featured in new short film

    Ruth Coker Burks, the AIDS caregiver and activist memorably profiled by David Koon as the cemetery angel in Arkansas Times in 2015, is now the subject of a short film made by actress Rose McGowan.
  • Buyer remorse

    Out here in flyover country, you can't hardly go by the feed store without running into a reporter doing one of those Wisdom of the Heartland stories.
  • Not Whitewater

    Just think: If Democrats had turned out 78,000 more votes in three states in November, people could be reveling today in the prospect of impeaching and convicting President Hillary Clinton, not Donald Trump, as some Republican lawmakers had promised to try to do if she won.
  • Head-shaking

    Another edition of so-much-bad-news-so-little space.

Most Viewed

Most Recent Comments

Blogroll

 

© 2017 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation