Inside Higher Ed wonders whether higher education issues might dominate the not-too-distant political future:
With another reauthorization of the Higher Education Act on the horizon, and budget cuts looming as a result of the failure to reach a long-term debt deal last year, the next Congress could make significant changes to student loans. “I think you can be pretty sure that all parts of the domestic budget are going to be on the table in 2013,” Galston says. “I can’t imagine that student loans would get a pass.”
Even if the program emerges relatively unchanged, students continue to borrow more and more. The average debt for students who took out loans in the class of 2010 was more than $25,000, according to the Project on Student Debt. This year, student loans might just be another way to motivate the youth vote. The college students in 2008 were driven by hope and change. Those of 2012 might be motivated by fear of perpetual indebtedness.
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