LendEdu reports: UB student loan default rate 2% less than national average

A recent report by LendEdu finds that University of Baltimore’s student loan default rate was 7.6% in 2017, compared to the national average of 9.7%. According to Harvard Business Review, student loan debt will account for a whopping $3 trillion of national consumer debt by the end of the next decade, exceeding both car loans and credit card debt. Such staggering debt means students struggling post-grad to make loan repayments are less likely to take out home or auto loans — Scholarship America says up to 36 percent less likely.

This is to say nothing of the toll student loan debt has taken on the health and wellness of those transitioning to post-grad life

The student loan default rate has grown exponentially over the past decade, and economists don’t believe there are any signs of slowing. This rate refers to the percentage of secondary education graduates who fail to make a student loan repayment by more than 270 days. For local context, the default rate out of Johns Hopkins is a slim 1.3%, while Morgan State offers a whopping 16.7%, almost double the national average. St. John’s College has the lowest rate in Maryland at 0.8%, while Coppin State has the highest rate in the state for a four-year university at 17.4%.

These rates speak to a number of factors at these colleges and universities, including financial aid award efficacy, job and career placement after college, career readiness post-grad and, of course, admission costs.

University of Baltimore’s commitment to keeping education affordable coupled with generous merit and need based institutional aid, says associate vice president of financial planning and operations Barabara Aughenbugh, contributes significantly to these outcomes. 

 “The University’s award-winning Career & Internship Center (CIC) engages students throughout their academic experience starting in the first year to ensure that students are ‘career-ready, said Aughenbugh.  “As such, 94% of graduates from the class of spring 2019 were employed or enrolled in graduate school.”

Local Lacrosse Roundup: Maryland Hosting Cornell in NCAA First Round For Second Straight Year

In its final season in the Atlantic Coast Conference, the Maryland men’s lacrosse team tied with Duke for the best conference record at 4-1. The Terps went 11-3 overall, and finished the season ranked ninth by Lacrosse Magazine. Maryland lost in the ACC semifinals 6-5 to ninth-ranked Notre Dame in Chester, Pennsylvania on April 25. The Terps received a seventh seed for the NCAA tournament, and will play Cornell in the first round at 5 p.m. on May 10 in College Park.

Maryland was led this season by senior midfielder Mike Chanenchuk, who had 28 goals and 16 assists. Senior goalie Niko Amato had a 7.19 goals against average, which was fourth-best in the country. He was named ACC Defensive Player of the Year. Connor Cannizzaro scored 20 goals and added 6 assists in his rookie season, and was named ACC Freshman of the Year. Head Coach John Tillman was named Coach of the Year. The Terps outscored their opponents 163-97 this season, and went 3-1 against their local opponents: Mount St. Marys (won 16-3 on February 8), Maryland-Baltimore County (won 14-3 on February 15), Johns Hopkins (lost 11-6 on April 12), and Navy (won 12-8 on April 19).

Johns Hopkins went 10-4 on the season, including 4-1 against its in-state opponents (Towson, Maryland, Loyola, UMBC and Navy.) The Blue Jays received an at-large bid to make the NCAA Tournament for a record 42nd time, and will play at eighth-seeded Virginia on May 11. Their first-round matchup will be a rematch of a game they played in Charlottesville on March 22, when the Blue Jays lost to the Cavaliers 11-10 in overtime.

The Loyola Greyhounds lost to Virginia 14-13 in their season opener on February 6. They haven’t lost since, finishing the season at 15-1, including an 8-0 mark in the Patriot League. The Greyhounds beat number 18 and two-time Patriot League champion Lehigh 16-7 in the championship game at the Ridley Athletic Complex on April 27, and finished the season ranked number one in Lacrosse Magazine. Loyola is the third seed in the tournament, and will host the University of Albany (N.Y.) on May 10.

As for the Towson Tigers, they had a mediocre season that ended on a down note. The Tigers went 8-7 (2-3 in the Colonial Athletic Association) during the regular season, and lost to Drexel 11-10 in overtime in the CAA Tournament semifinals on May 1.

The Maryland women had another dominant season. The Lady Terps went 19-1, only losing at North Carolina 17-15 on April 5. Maryland rebounded from that loss by finishing the regular season on a six-game winning streak (including the ACC Tournament at Boston College), beating Virginia and Virginia Tech twice, and then defeating Syracuse 13-7 on April 27 to win its sixth straight conference championship. The Lady Terps are the top overall seed in the Women’s Division I NCAA Tournament, and will have a first-round bye. They’ll play the winner of Canisius and Penn in the second round on May 11 in College Park.

The Johns Hopkins Lady Blue Jays went 15-4 (3-3 in the American Lacrosse Conference) this season. They defeated Penn State 13-10 in the ALC tournament quarterfinals on May 1 before losing to Florida 11-6 the following day. Hopkins will play Georgetown in the first round of the NCAA Women’s Division I Lacrosse Tournament on May 9 at the University of North Carolina. It’s the first time the Lady Blue Jays have made the NCAA tournament in seven years.

Loyola went 14-5 (8-0 in the Patriot League), winning 12 out of their last 13 games. They received an at-large bid, and will play number 14 Massachusetts at Boston College on May 9. Towson went 11-7 (4-1 in the CAA), but ended their season in dramatic fashion. In the CAA championship game on May 4 in Williamsburg, Virginia, redshirt freshman midfielder Michelle Gildea scored with 35 seconds left in overtime to give the Lady Tigers a 12-11 win over James Madison for their third straight CAA lacrosse championship. Towson will play Stony Brook at Syracuse University on May 9 in the first round of the tournament.

The men’s national lacrosse championships will be at M&T Bank Stadium during Memorial Day weekend. The Division I semifinals will be on Saturday, May 24. The Division III national championship game will be on Sunday, May 25, and the Division I national championship game will be on May 26. The women’s national championship will be at Towson University on Friday, May 23.

UPDATED MAY 11

Upsets abounded in the first round of the NCAA Division I Men’s Lacrosse Tournament this weekend. One local did the upsetting, while another got upset.

In a rematch of their season opener in February, Johns Hopkins upset eighth-seeded Virginia 14-8 in Charlottesville. Attacker Wells Stanwick scored five goals, and Brandon Benn added four of his own to give head coach Dave Pietramala his 158th win at Hopkins, tying Bob Scott’s record for most wins by a men’s head lacrosse coach in program history. Hopkins scored four unanswered goals in the fourth quarter to put the game away, and will play top seed and defending national champion Duke in the quarterfinals on May 18 at the University of Delaware.

Meanwhile, third-seeded Loyola was upset at home by the University of Albany, 13-6 on May 10. Great Danes goalie Blaze Riorden made 13 saves, and the Albany defense gave up their lowest goal total of the season. Justin Ward and Pat Laconi each scored twice, and goalie Jack Runkel made 11 saves for the Greyhounds.

Seventh-seeded Maryland needed a goal by senior midfielder Mike Chanenchuk with two seconds left in regulation to give the Terps an 8-7 win, thwarting an upset bid by the Cornell Big Red in College Park. Maryland will play Bryant in a quarterfinal game on May 17 at Hofstra University.

In the women’s tournament, top seed Maryland beat Penn 13-5 in College Park on May 11. Taylor Cummings had a hat trick, and won 10 draws, leading the Lady Terps to a 17-3 advantage on draws. Maryland will host Duke on May 17. Meanwhile, seventh-seeded Boston College defeated Loyola 8-3. Georgetown edged Hopkins 9-8 on an overtime goal by Kelyn Freedman on May 9. It was the Hoyas’ first tournament win since 2006.

Education Professor Bill Durden Discusses Challenges, Opportunities for 21st-Century Universities

By Andrew R. Koch

Virtually every college and university in the U.S. hosts some type of orientation for first-year students. However, one local education professor says those orientations at the start of a college student’s freshman year simply aren’t enough to ensure they succeed in getting a higher education.

Bill Durden, the president emeritus and a professor of liberal arts at Dickinson College in Carlisle, Pennsylvania—and a professor in the School of Education at Johns Hopkins University—was the keynote speaker in a presentation called “Strategies for Student Success” on April 16, in the Learning Commons Town Hall. He spoke about the opportunities and challenges that are presenting themselves to universities in the 21st century. As part of his speech, he focused on those challenges and opportunities that are results of the University of Baltimore’s diverse population. Durden says while there are challenges for UB, there are also “huge opportunities”—if they’re crafted in the right way. He explained how the university is taking steps to ensure its new students can fully succeed in getting their college education

“It’s informing students more from the beginning how to move through the system, where is information, how to get it, removing obstacles to getting all of that,” Durden said. “It is about crafting an environment that’s committed to a larger purpose. It just can’t be the one-off. It has to be ‘what’s the bigger story?’ And I think once you get a variety of students behind a larger story, things become clearer than they are.”

Durden explained how statistics show that 60 percent of first-year college students find that they’re not ready for a post-secondary education, despite being declared ready by their high schools. He says this is because educators have shifted away from teaching skills to encouraging students to “express themselves,” and are lowering their standards to “achieve the appearance of achievement,” and have surrendered to the “self-esteem movement” and its rhetoric, which promotes a sense of accomplishments among students without really accomplishing anything. As a result, college and university remedial programs aren’t yielding the retention results that the institutions expect.

Durden described the evolution of American education from colonial times all the way up through the modern era. He explained that the first colleges and universities in the colonies were strictly vocational because they trained ministers. In the modern era, Durden described how he was the first person in his family to go to college, and how a substantive liberal arts education was viable to changing one’s social status in life (he described how Microsoft co-founder Bill Gates based many of his accomplishments on a solid liberal arts education). Durden said his family wanted what the elite of that time took for granted. He studied abroad as a junior in high school because his parents believed that, in time, the world would become more globally connected.

However, Durden says now, with a high number of first-year students coming from such diverse backgrounds, the elites who encouraged a liberal arts education in previous generations are now discouraging students from getting it. He says that there’s an “either/or” attitude that emphasizes either getting a liberal arts or a vocational education, but not both, and this attitude is plaguing education just like it is in politics. Durden praised UB for being the first university in Maryland to adopt a cooperative educational and liberal arts program, much like Northeastern University in Boston. With the diversity of the student population, Durden says colleges and universities need to make sure that their students have the basic skills to succeed both in the classroom and then in the real world.

“Verbal and mathematical abilities are critical. It has to be a certain level. It has to be filled in. If you don’t have those, you’re going to be always at a deficit. It’s just gonna be a real struggle,” Durden said.