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General Ohio University Discussion/Alumni Events
Topic:  Student Loans

Topic:  Student Loans
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L.C.
General User

Member Since: 8/31/2005
Location: United States
Post Count: 10,067

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  Message Not Read  Student Loans
   Posted: 5/25/2019 4:19:27 PM 
I was asked to post this link, to start a discussion on the issue of student loans:
https://finance.yahoo.com/news/student-debt-cities-map-17...

Note that E. Liverpool, Ohio, is particularly high in student debt. I believe its pretty close to Kent State and Akron, not far from Pittsburgh, and a bit more distant from both Ohio and OSU.


“We have two ears and one mouth so that we can listen twice as much as we speak.” ― Epictetus

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BillyTheCat
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Member Since: 10/6/2012
Post Count: 9,480

Status: Offline

  Message Not Read  RE: Student Loans
   Posted: 5/26/2019 8:26:19 AM 
L.C. wrote:
I was asked to post this link, to start a discussion on the issue of student loans:
https://finance.yahoo.com/news/student-debt-cities-map-17...

Note that E. Liverpool, Ohio, is particularly high in student debt. I believe its pretty close to Kent State and Akron, not far from Pittsburgh, and a bit more distant from both Ohio and OSU.


https://www.collegefactual.com/colleges/kent-state-univer... /
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Bobcat Love's Sense of Shame
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Member Since: 7/30/2010
Post Count: 3,286

Status: Offline

  Message Not Read  RE: Student Loans
   Posted: 5/28/2019 11:11:36 AM 
L.C. wrote:
I was asked to post this link, to start a discussion on the issue of student loans:
https://finance.yahoo.com/news/student-debt-cities-map-17...

Note that E. Liverpool, Ohio, is particularly high in student debt. I believe its pretty close to Kent State and Akron, not far from Pittsburgh, and a bit more distant from both Ohio and OSU.


Feels like there's a fundamental issue with this data that's not being taken into account (or at least isn't references by the story).

Many of the cities with the worst ratios of debt to earnings are large college towns, which have a selection issue at play.

In places like Athens, GA, Bloomington, IN, Oxford, MS, Murray, KY, and Ypsilanti, MI the populations are particularly prone to student loan debt, as the populations are predominantly undergraduate/graduate students, but those students rarely stay post graduation. And because the labor markets in those places don't offer high salaries (ironic given that the largest employer in each is the university itself), the ratios are particularly skewed and salaries don't keep up with debt.

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JSF
General User



Member Since: 1/29/2005
Location: Houston, TX
Post Count: 6,341

Status: Offline

  Message Not Read  RE: Student Loans
   Posted: 5/28/2019 11:42:35 AM 
L.C. wrote:
I was asked to post this link, to start a discussion on the issue of student loans:
https://finance.yahoo.com/news/student-debt-cities-map-17...

Note that E. Liverpool, Ohio, is particularly high in student debt. I believe its pretty close to Kent State and Akron, not far from Pittsburgh, and a bit more distant from both Ohio and OSU.


Kent State has a branch there.

You know, I think East Liverpool is one of those towns that could really do well if they catch a break. It's got some things going for it: Good location on the river and not far from Pittsburgh, pleasant geography, some cool history. Lack of a nearby (notable) freeway is hurting it, though.

Last Edited: 5/28/2019 11:43:55 AM by JSF


"Loyalty to a hometown or city is fleeting and interchangeable, but college is a stamp of identity."- Kyle Whelliston, One Beautiful Season.

My blog about depression and mental illness: https://bit.ly/3buGXH8

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