April 25 marked the fourth anniversary of outstanding student loan debt topping $1 trillion in the United States, yet media still aren’t always telling the full story on college affordability and student debt. If the public thinks the student debt crisis only affects white, upper middle class borrowers enrolled in impractical programs at four-year colleges and universities, the media aren’t doing their jobs.
Framing Student Debt in the Narrow Context of Traditional, Four-Year Colleges and Universities
Media often focus their reporting on six-figure student debt balances from prestigious and expensive four-year colleges and universities. But focusing on the experience of this narrow segment of student borrowers ignores those who are most deeply affected by student loan debt: students who take loans to pursue higher education but are unable to complete their programs, and students borrowing to attend non-traditional or for-profit programs with fewer federal grant and loan options.
As the Center for American Progress’ (CAP) Ben Miller explained in June, “the link between debt and educational attainment is too frequently missing from national discussions on student loans.” Miller’s study found that a recent graduate with a higher debt burden was financially better off than a non-graduate who owed a smaller amount, because the graduate was more able to boost their income and pay off their balance, resulting in fewer defaults for graduates.
Source – MediaMatters – TruthOut: How the Mainstream Corporate Media Get It Wrong on Student Debt