School of Education Events

Is There a Student-Debt Crisis? Some Misperceptions and Causes for Concern

Join WISCAPE for a conversation with Eric Grodsky, professor of Sociology and Educational Policy Studies, addressing common misperceptions about student debt.
Tuesday, February 11, 2020
12:00 p.m. - 1:30 p.m.
159 Education Building
1000 Bascom Mall
Madison WI
Photo of Eric GrodskyUnderpinning the free college movement in part is a shared belief that undergraduate educational debt has skyrocketed in recent years to levels that impose a substantial burden on individual and even societal prospects for prosperity. How did student debt change between the 1990s and the first decade of the 21st century? Who bears the burden of student debt, and how, if at all, has this changed over time?

Join the Wisconsin Center for the Advancement of Postsecondary Education (WISCAPE) for a conversation with Eric Grodsky addressing these questions.

Drawing from nationally representative data, ​Grodsky contends that the nature and scope of the debt crisis is often misunderstood. Undergraduate debt has risen over time, but much of that change was born by the fifth of those borrowing the most money for their education; changes for typical borrowers were much more modest. Furthermore, as much as half of the 1.5 trillion dollars in debt frequently cited in the news is held by those with graduate or professional degree, not those who ended their formal education with a baccalaureate degree.

If there is a crisis in student debt, it may be a crisis among those with who fail to earn any degree at all and those with advanced degrees, particularly among African American borrowers.

Grodksy is a professor of Sociology and Educational Policy Studies at UW-Madison.

This event is cosponsored by ​the Student Success Through Applied Research (SSTAR) Lab. Light refreshments will be served!
Kari Dickinson

School of Education Facebook Page School of Education Twitter Feed School of Education YouTube Channel School of Education LinkedIn