How Higher Education is Making Us Broke

December 23, 2010  |  

(The Loop 21) — With student debt nearing $1 trillion and Americans owing more on student loans than on credit cards, you know it’s bad when the national media finally pays attention. And that’s exactly what happened this week when CNBC premiered a special called “Price of Admission: America’s College Debt Crisis.”  The report was compelling and well done except for one glaring omission: It didn’t feature any students or families who were African American or of any other non-white ethnicity. If CNBC goes as far as to say college debt is a national crisis – and indeed it is – then that fact should have been made obvious in its reporting about its effect on students and families from all ethnicities and backgrounds.

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