Knowledge Bound: The RSC Blog

Visit the Knowledge Bound Blog regularly for news analysis, editorials and facts about education and financial aid.

Posted on May 30, 2012 - 06:00 AM | Student Debt | Comments (0)

In 2007, a bipartisan Congress and a Republican president swept into law a cut in the interest rate charged on the subsidized Stafford Loan. It fell from 6.8% to 3.4%.   It’s still there, unless an extremely divided Congress fails to act before July 1.   Republicans and Democrats agree on the goal, but not the means. The political landscape in Washington, D.C., has changed dramatically. People sent to Congress to do the people’s bidding can’t even agree on a measure that is not only in their constituent’s best interest, but their own. It’s an electio... More

Posted on May 25, 2012 - 06:00 AM | College Prep | Comments (0)

One look at the college dropout rate reveals that high school is not preparing students for college. It’s particularly true when you examine the rates for low-income students. There’s a problem with traditional college prep that’s leading students to drop out and take major debts with them.   Problems with Traditional College Prep   ·        SAT scores based on income.  For every additional $10,000 a family makes, SAT scores go up 15 points. Income advantages in SAT and ACT tests are well documented, but preparing f... More

Posted on May 23, 2012 - 06:00 AM | Education Reform | Comments (0)

Change moves quickly today. Technology that was hot just a few years ago is passé now; sites that were hot just a few months ago can struggle for visitors. Viral videos last for days and the news cycle is less than 24 hours long.   The way we consume information is being revolutionized faster than I can type this sentence, but education continues to move at a snail’s pace. That doesn’t mean, of course, that change isn’t coming. In fact, in man ways, it’s already begun:   Consider these facts:   77% of colleges offer online courses ... More

Posted on May 18, 2012 - 06:00 AM | College Prep | Comments (0)

Parents and students often think they understand a guidance counselor’s role when it comes to college prep: provide the SAT or ACT schedule and some study materials, answer a few basic financial aid questions and provide college and career direction.   They also accept that college prep is hardly a guidance counselor’s only job: they have disciplinary duties, social counseling, classes to schedule and more. At some schools, they even oversee study halls and lunch duty. It’s a lot to expect when they’re under them same staffing cuts as the rest of the school. &nb... More

Posted on May 07, 2012 - 06:00 AM | Selecting a College | Comments (2)

Sometime in April, students and college flip roles. Colleges spend January through March as consumers, poring over applications and transcripts, deciding who gets in and who doesn’t, carefully picking through students like ripening fruit.                                              Then the tables turn. After the acceptance letters and financial aid offers have gone o... More

Posted on May 04, 2012 - 06:00 AM | Student Debt | Comments (0)

People try to explain $1 trillion dollars in a variety of ways. “It’s like a stack of $1 bills stretching from here to the moon,” or “It’s more than the gross domestic product of Australia.”   It’s all very heartfelt but not very helpful when it comes to paying for college. Although President Obama and Congress are attempting to reduce student loan debt, most of their actions are not likely to have an immediate impact on the marketplace.   Impact of Student Loan Debt   Student loans, once a rarity in paying for college, are now an ... More




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