Jonathan Glater Knows Higher Education Shouldn’t Just Be For Rich Kids
Jonathan Glater believes that lawmakers should help keep higher education within the financial reach of those students who seek it by reducing the need for private student loans. Yes!
In his super-fantastic recent article, The Other Big Test: Why Congress Should Allow College Students to Borrow More through Federal Aid Programs, Glater analyzes the effects of increasing reliance on private student loans and argues that federal loan programs should be expanded to reduce the need for private borrowing. Mr. Glater’s proposal recognizes the promise of Income-Based Repayment and Public Service Loan Forgiveness.
Read Mr. Glater’s scholarly yet spiffy article and you’ll understand why I never let a day go by without advising borrowers to avoid private student loans. If students can finance their educations without relying on those pesky private student loans, Income-Based Repayment can better protect graduates who encounter unexpected financial difficulty and Public Service Loan Forgiveness can more effectively encourage graduates to enter and remain in public service.
Mr. Glater spent nine years writing for The New York Times after graduating from Yale Law School and working as a corporate lawyer. While reporting on the finances of higher education, Glater uncovered and exposed questionable marketing tactics used by student loan companies. He now serves as a member of the University of California, Irvine School of Law faculty.
The article: Jonathan D. Glater, The Other Big Test: Why Congress Should Allow College Students to Borrow More through Federal Aid Programs, New York University Journal of Legislation and Public Policy, Volume 14, Number 1, 2011, 11.
