As the nation and Cedar Valley region continue to grapple with the devastating fallout from the coronavirus pandemic, the University of Northern Iowa is stepping up to help students.
The UNI Foundation today launched a crowdfunding campaign to support the new UNItogether Scholarship Fund, which was created to provide tuition assistance to students facing financial hardships as a result of the COVID-19 pandemic.
A trendy idea circulating on the political left is student-loan debt forgiveness. For some graduates and non-graduates, student loans are, indeed, onerous.
The proponents are missing a fundamental ethical issue that business majors, in particular, should understand: YOU SIGNED A CONTRACT. Students and their parents sign contracts for student loans. The interest rates are often subsidized, and, in any event, given the Federal Reserve’s ongoing policy of keeping interest rates low, the terms are probably no more onerous than in the past.
