Over the last several months, concerns regarding our nation’s system of higher education have continued to escalate…concerns regarding cost, quality, rigor and, yes, even long-term value. And, as we all know, the employment opportunities for recent graduates of our institutions of higher education, particularly those who have earned a baccalaureate degree, have decreased substantially, despite the fact that members of the nation’s high technology sector have stated that there are not sufficient numbers of U.S.
In his State of the Union address this past January, President Obama warned the higher education community that, “If you can’t stop tuition from going up, the funding you get from taxpayers will go down.” Clearly, “affordability” of postsecondary education is a top priority of this administration. President Obama went on to say that, “We can’t just keep subsidizing skyrocketing tuition, we’ll run out of money. States need to do their part by making higher education a higher priority in their budgets. And colleges and universities have to do their part by working to keep costs down."
Total student debt in America has hit the $1 trillion mark, exceeding, for the first time, national credit card debt. Yet at this very moment, the airways and media outlets are alive with stories and opinion pieces regarding the imminent doubling of the interest rate on new Stafford Subsidized Loans to undergraduates. While in college at least half-time, students holding such need-based, federally guaranteed loans pay no interest; rather, the government pays the interest which accrues during that time.
What does the future hold for health care in the United States? Alumni of the Union Graduate College‘s M.B.A. in health care management will gather tomorrow in Schenectady to discuss the many answers to that question.
New and innovative models of health care will be on the table including “health home” and “patient navigation”. WAMC’s Brian Shields spoke with Kelli Valenti, a Union graduate, who works with Ellis Medicine in Schenectady, and Dr. John Huppertz, chair of the M.B.A. in health care management at Union Graduate College.