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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
May 05, 2013
Page
33
Economists say rising student debt may ripple the economy but is unlikely to burst like housing. They note the long term trend, government backing, and small share of overall debt despite concentrated burdens among certain age groups.
The piece notes a jump in educational debt from 1989 to 2010 with median debt rising to 13000 and more than twofold growth in some years. It cites Iowa and national figures, reveals wide variation by school and graduate status, and warns about default rates up to 68 percent.
The narrator recalls a black and white photo of his maternal grandmother beside a tractor during wartime years in western Pennsylvania. He reflects on feminism as a broad concept and recounts a lunch discussion where the term drew sharp, gendered reactions. The piece cites Gloria Steinem as a moment of surprise.
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