The Student Loan Bubble: Real or Not, the Consequences of A Broken System

In the second in an ongoing series exploring disruptive innovations in education, Philip DiSalvio, Dean of the College of Advancing and Professional Studies at the University of Massachusetts Boston, interviews Mark Kantrowitz, publisher of and and author of “Secrets to Winning a Scholarship” about the state of college affordability and its impact on college choices, the revolving debt cycle and the U.S. economy.

From the writeup,

“Baseline college affordability continues to decline, especially because the federal and state governments, despite rhetoric to the contrary, continue to cut their support of postsecondary education on a constant dollar per student basis.


Cutting investment in student aid is shortsighted, because college graduates pay more than twice as much in federal income tax as high school graduates. It’s an investment not only in the future of the particular student, but an investment in the future of the United States of America.


We’re going to have many more students each year graduate with excessive debt, so I think the one thing that policymakers, presidents and financial officers of the institutions need to start doing is monitoring the situation of their graduates.”

Click to read the interview New Directions for Higher Education: Q&A with Kantrowitz on Scholarships and Debt” from the New England Journal of Higher Education.

Phil DiSalvio

Philip DiSalvio is the founding dean of the College of Advancing and  Professional Studies at UMass Boston. He brings 25 years of experience in  professional education and graduate teaching to bear as the College of Advancing and  Professional Studies expands and explores new and innovative ways to provide  a quality education to non-traditional and adult learners.

Dr. DiSalvio’s research and writing focuses on the seismic changes taking place  in higher education today, and has been interviewed extensively in various media  publications on the structural changes transforming higher education, academic leadership and disruptive innovation.

Dr. DiSalvio holds an Ed.D. from Harvard University Graduate School of Education in Administration, Planning and Social Policy and a post-doctoral Robert Wood Johnson Faculty Fellowship in Health Policy and Management from Johns Hopkins University, an M.Ed. from Northeastern University and a BA from the University of Massachusetts Boston.

Laurisa Neuwirth

Laurisa Neuwirth

Laurisa Neuwirth is a shameless evangelist on behalf of the Greater Boston innovation economy. With a diverse background including software development, philanthropy and human capital, Laurisa blogs about technology disruptions in industries that are critical to our local economy. You can follow her @LaurisaNeuwirth.