Student Debt: No new car, caviar, four star daydream

I have been reading a lot on student debt recently, a topic that is of great interest for me as I counsel first-generation college students. My state and institution have among the highest debt rates in the country, not a statistic to celebrate.

Student Debt and the Class of 2009 is the fifth annual report from the Project on Student Debt.  It includes cumulative loan debt of students from public and private nonprofit colleges and shows that the debt level of students who graduate with student loans continues to rise with averages from $13,000 to $61,500. Low debt states are typically in the West or Southern states. High student debt rates are concentrated in the Northeast with Iowa, Minnesota, and Alaska in the top tier as exceptions. Iowa is fourth in the nation for average debt of $28,883 and second in percentage of graduates with debt, at 74%.

A variety of factors contribute to varying debt levels including cost of tuition and fees and financial aid policies of the individual institution. Generally, higher tuition is found at private colleges, but some privates, such as Cal Tech and Princeton, are also the first to institute policies of no-loan or reduced-loan for low- and middle-income students. Student debt figures are not inclusive in that not all colleges reported figures for average debt and percent with debt. In actuality, the debt figures could be and are likely much higher.

Several issues influence the accurate collection of student debt data and are recommended for improving the scope this information. These include a lack of a comprehensive annuals source of data, data on private loans, and lack of reporting on repayment terms and debt-to-income ratios for graduates in repayment.

Student Debt and the Class of 2009 reports only federal loan data. When you consider that debt attributed to private and federal student loans has surpassed $884 billion dollars in the United States and contributes to the ballooning national debt, the effectiveness and equity of relying on student loans to finance the cost of a higher education becomes paramount to all. Lawmakers and institution officials must carefully consider the impact of their tuition decisions and educate the student population as to their debt responsibility.

Not the Alice you were looking for

My partner and I have daily conversations about who can depart work at what time and transport our children from school to home to soccer/piano/library/name your favorite miscellaneous activity. I mentioned that we need an “Alice” to help keep our busy schedules.

The Dad: Alice? Do we have zombies running around?

Me: Huh? You know, Alice. Alice from The Brady Bunch.

The Dad: Oh, I thought you meant Alice from Resident Evil.

Jedi Master

My son tells me that he searched high and low for a birthday gift for me. In the toy aisle. And that he found the very last one of these.   <(-_-)>

Named must your fear be before banish it you can.

Size matters not… look at me. Judge me by size, do you?

Do or do not… there is no try.   ~Yoda

Little things

Some days it’s the little things. Like discovering that you packed extra underwear when weather delays your travel leaving you stranded far from home. Or when you get an email out of the blue from a student you have not heard from in a while.

I’m writing to thank you and the Hixson program for all that you have given me.  Not just the class, the opportunity to be a seminar leader or the scholarship money, but also the staff. Yesterday, I was in the student lab doing a little homework when your graduate assistant came in and I had a really great talk with him, just about how our semesters were going.  Anyway, it makes me really appreciate the program and especially the people surrounding the program.

 

image by Charles M. Schulz

Resiliency in Student Affairs

Any individual who has dedicated more than a couple of years to a career in Student Affairs understands the power of resiliency. I was reminded of this during our weekly discussion with the Student Affairs Collaborative on the topic of “Duties as Assigned”.

In student affairs, evening and weekend duty are par for the course. Emergency calls and student crises in the middle of the night are routine. In my own career, I have had my position eliminated during financial challenges and once endured seven different supervisors over a five-year span. I have mourned the loss of students, including one killed on campus by a drunk driver (another student). And of course, I have juggled work commitments while spending time away from my family.

Dr. John Grohol writes about 5 Steps to Building Resiliency. He provides great tips for growing your own reservoir of resilience.

  1. Resiliency Means Accepting that All Things are Temporary
  2. Self-Aware People are Resilient People
  3. (Some) Adversity Helps You
  4. Our Social Relationships Bolster Us
  5. Goal Setting and Understanding Your Problems is Important

Student affairs professionals must be resilient to grow, advance and succeed in this field. This same resilience allows us to serve our students when they may be struggling. As you examine your strengths in preparation for an evaluation or interview, be certain to include the resiliency traits that you bring to the table.

Happiness is not the absence of problems but the ability to deal with them. ~H. Jackson Brown


Design Thinking and Learning

In a seminar course required of students in my doctoral program, we spent a  day on problem solving and creativity. Professor John Nash took us through an  exercise that originated with the Stanford d.school where we used problem  solving and then design thinking to create the perfect wallet for a student  partner.

Our exercise included:

  • Interviewing a partner to engage them and gather insights about wallet use
  • Defining and articulating a point of view based on the interview insights
  • Sketching new alternatives based on the point of view
  • Testing ideas with our partner to gather feedback
  • Acting on the feedback and building a wallet prototype from art supplies

This was a fun exercise that I think can be adapted for use with student leaders  to encourage bigger picture thinking and processing. You can read more about  the exercise and view a student interview at Nash’s blog.