Saturday, March 10, 2018

Maximizing student futures, minimizing college debt - Dorey Diab, News Journal

College debt is out of control. Forbes Magazine reports that the class of 2016 had an average student loan debt of $37,142; and that 44 million students and graduates now hold more than $1.3 trillion dollars in debt for their education, which is greater than the credit card debt. In Ohio, the average is $30,239 per student borrower. North Central State College is currently leading a consortium of 16 institutions in Ohio, including The Ohio State University, to explore the viability of students using Open Educational Resources — online instructional materials instead of being required to purchase expensive textbooks. This change could provide tremendous savings to students across the state. Early projections show students could save $14 million each year. https://www.mansfieldnewsjournal.com/story/opinion/columnists/2018/02/23/guest-column-maximizing-student-futures-minimizing-college-debt/364381002/