Iowa State #2 – In Student Debt
This morning's Iowa State Daily had a rather shocking back-to-school statistic:
Iowa
State ranked second in the nation among public institutions in highest
debt among graduates, according to a recent survey. Iowa Board of
Regents members say recent tuition hikes may not be the reason for the
ranking, though.
Sixty-eight
percent of ISU students graduated with an average debt of more than
$27,000, according to a study published by U.S. News and World Report
2006 Edition of America's Best Colleges. Only Idaho State University's
graduates carried more debt among public universities, with 69 percent
of graduates carrying an average debt of nearly $30,000.
The
reasons that are specified are not exactly clear, but the reason that
Iowa's college graduates leave the area have another component:
why take a big paycut to stay in Iowa when your college debt is
near-crippling for a new member of the workforce?
(What's
not entirely clear is why Iowa State's students face higher debts that
University of Iowa or UNI students – the tuition rates should be about
the same?)
In other
“Iowa State” related news, Washington Monthly published their own
rankings of colleges and university, measured in terms of how good the
school is for the health of the nation overall. (Measuring
research, public service, enabling of social mobility, etc.)
The article points out that Iowa State Beats Princeton:
Princeton
finished behind schools such as the University of Arizona and Iowa
State—schools with which it probably does not often consider itself to
be in competition—not just because of its comparatively low research
numbers, which are perhaps to be expected given that the university
doesn't have a medical school and considers its mission to be teaching,
not research. What really did in Princeton were mediocre scores on
national service and social mobility, categories in which it should
have excelled.
As a personal note, that's enough “Iowa State Blogging” for this University of Iowa graduate!
My name is Lis, I am a volunteer for HelpaStudent.com
We are a group of students who created a site http://www.helpastudent.com
Our goal is to collect 1 million dollars before the end of the current semester and give the money out to students who are in desperate financial need.
Participating students post their stories and visitors to the site get
to choose who gets to win the money.
Please support us by mentioning our site to your audience. Students who visit your blog are very likely candidates to come up with fun and
creative stories!
Thank you
Lis Guerrero
Volunteer for http://www.helpastudent.com
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