Monday, October 8, 2012

Susan Koch: College education worth the investment

The following is part of an op-ed written by UIS Chancellor Susan J. Koch. It was published in a October 7, 2012 edition of the State Journal-Register.

"As I walked through Chicago’s Union Station several days ago, this Newsweek headline caught my eye: 'Is college a lousy investment?'

The article, by a Washington, D.C.-based journalist and blogger, cites familiar data. 'The price of a college education has doubled since 1995.' 'The amount of student loan debt has more than quintupled since 1999.' The author concludes that investing in a college education may not be worth it for an increasing number of young people today.

As a university chancellor, I share the author’s concern about increasing college costs, and we’re providing more financial aid and scholarships at the University of Illinois Springfield to make college more affordable; but despite our shared concerns I am moved to a conclusion that differs from the Newsweek writer."

Read the full editorial online