The college admissions scam, much of which involves parents of USC students, serves as a blaring signal that college is not about education. It is about status. The majority of us do not have anyone to help buy our admission, let alone our education. I am one of the millions of Americans who will graduate with massive debt. By the time I earn my master’s degree in a year and a half, my student loans will amount to about $80,000.
A federal judge ruled Wednesday that the U.S. Department of Education’s delay of rules meant to protect student loan borrowers from predatory practices was “arbitrary and capricious,” granting a legal victory to the state of California and borrowers who say their colleges defrauded them. If upheld, the ruling could make it easier for students like […]