Professor William Elliott spoke with WalletHub about college affordability and student loan debt. He calls for a new approach in how we think about the cost of higher education. “I want to frame the question more like, should students and their parents have to think mostly about the return on investment when picking a college? It leads to inequity,” said Elliott. “Kids who are forced to rely on debt must make decisions not based on their ability (what they have done in school and what they can do) or what is best in the long run for their career but on what they can afford. This is not an education system designed to be the great equalizer in society, instead, it is part of a system that places some people at the top and others at the bottom.
University of Michigan
School of Social Work
1080 South University Avenue
Ann Arbor, MI 48109-1106