Events Calendar

Join us for the November 3rd session of the Philadelphia Education Fund’s monthly conversation series, Education First Compact.

The Student Loan Crisis: Hidden Costs

Over their lifetime, a college graduate will earn an average of $1 million more than a high school graduate.  This fact continues to make a college education a solid investment for many, but seemingly not for all.  During any given year, as many as one million borrowers default on their student loans and another six million are working to repay $2 trillion in college debt.

This summer, in an effort to bring relief, the Biden Administration announced its decision to forgive up to $20,000 in college loan debt for millions of eligible borrowers. Whether you think the action went too far or didn’t go far enough is not at issue at this month’s Education First Compact. Instead, we ask the question: What are the “hidden factors” that give rise to America’s student loan crisis?

In what ways do concepts like college fit, postsecondary completion rates, enrollment management, and satisfactory academic progress, play into student indebtedness? What are colleges and universities doing to address mounting tuition costs and program fees? How are institutions reducing debt burdens by reimagining non-credit remedial coursework?

Come and engage with this topic alongside our panel of local, statewide and national experts at this month’s Ed Compact!

PANEL

• Sara Goldrick-Rab, Founder, The Hope Center for College and best-selling author of Paying the Price: College Costs and the Betrayal of the American Dream
• Madeline Birkner, Senior Manager, Persistence and College Partnerships, Philadelphia Education Fund

Moderated by Farah Jimenez, President and CEO, Philadelphia Education Fund.

Program Schedule

• 7:45-8:00am Networking
• 8:00-8:10am Welcome Remarks
• 8:10-9:10am Panel Discussion
• 9:10-9:45am Moderated Q&A

Register soon as space is limited. Guarantee a seat for every Ed Compact by subscribing.