Former President Bill Clinton will be giving the New York University commencement address in May. But considering the university has the highest student debt load in the country, is this the right institution for Clinton to endorse?
It's absolutely worth protesting that New York University graduates leave the school with an average of $33,487 in student loan debt. But T-shirts and moments of silence aren't going to change anything. If they were smart and savvy, those undergrads would vote with their feet.
More parents are realizing they don't need to ruin themselves financially for their children's education. But what if you have that epiphany after your kid has applied to her first-choice school early decision? If they accept her, she's committed, right? Wrong. You can -- and should -- break the contract.
The New York Times recently looked at the plight of Cortney Munna, a graduate of New York University struggling with nearly $100,000 in student loans, and asked: Should schools abet students in the process of financial self destruction, or should they follow a higher purpose?
