skip to main content
skip to newscasts

Thursday, March 28, 2024

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

Pulling back the curtains on wage-theft enforcement in MN; Trump's latest attack is on RFK, Jr; NM LGBTQ+ equality group endorses 2024 'Rock Star' candidates; Michigan's youth justice reforms: Expanded diversion, no fees.

view newscast page
play newscast audioPlay

Transportation Secretary Pete Buttigieg says rebuilding Baltimore's Key Bridge will be challenging and expensive. An Alabama Democrat flips a state legislature seat and former Connecticut senator Joe Lieberman dies at 82.

view newscast page
play newscast audioPlay

Historic wildfires could create housing and health issues for rural Texans, a Kentucky program helps prison parolees start a new life, and descendants of Nicodemus, Kansas celebrate the Black settlers who journeyed across the 1870s plains seeking self-governance.

Student Loan Forgiveness Impact on SD Trade Schools

play audio
Play

Friday, August 26, 2022   

Reactions keep pouring in following this week's student loan forgiveness announcement by President Joe Biden.

In South Dakota, the trade school community said affordability is on the mind of leaders right now, too. Biden's action means millions of borrowers are poised to see their remaining loan balances forgiven, with specific caps and income requirements. It's meant for those with a federal "Direct Loan."

Nick Wendell, executive director of the South Dakota Board of Technical Education, said it is likely some relief will go to trade school students. The two-year institutions are less expensive options, but Wendell pointed out they have dealt with similar operating headaches.

"The cost of everything over the last five years has increased, and we have felt some of that," Wendell acknowledged. "The cost of supplies, the cost of labor, the cost of managing our campuses and our buildings and our facilities has all increased."

In the face of those challenges, Wendell emphasized they have tried to control costs, including a recent tuition freeze, although there had been incremental increases since 2017. Still, the board argued the state's technical schools are a good option for future students worried about taking on too much debt, who can then enter the workforce without years of payments eating up their income.

Wendell suggested affordability should be addressed for all postsecondary schools, so the public sees the value of higher education, no matter which type of school a person attends. He stressed this week's action should not be the only approach to solving the problem.

"If we're not addressing some of the underlying factors, we're going to be back in this same position in five and 10 years," Wendell cautioned. "With a huge number of folks in our population that had to incur debt to get a degree."

Wendell pointed to South Dakota's scholarship program for trade schools, which has funding from industry partners across the state. He thinks education leaders should also be more specific about funding requests, in hopes of getting favorable responses from policymakers.

"To purchase big pieces of equipment, or create learning laboratories and environments [where] students will learn," Wendell suggested. "Those high-ticket items that might drive up the cost of a program and the cost of an individual college credit."

He added collective efforts could keep costs lower and not scare people away from considering higher education.

Support for this reporting was provided by Lumina Foundation.


get more stories like this via email
more stories
A report from the Tennessee HealthCare Campaign recommended the federal government needs to strengthen 340B drug pricing and other federal negotiation mechanisms to make needed medicines more readily available and less expensive for hospitals to purchase and administer. (Spotmatikphoto/AdobeStock)

Health and Wellness

play sound

A recent report examined how some rural Tennessee hospitals have managed to stay afloat despite financial challenges. The report includes interviews …


Social Issues

play sound

Earlier this month, a new Arizona Public Service rate hike went into effect and one senior advocacy group said those on a fixed income may struggle …

Social Issues

play sound

Michigan recently implemented a significant juvenile justice reform package following recommendations from a task force made up of prosecutors…


Nearly 13 million Americans receive health coverage through unique plans under both Medicare and Medicaid. They are known as Dual-Eligible Special Needs Plans. (Adobe Stock)

Health and Wellness

play sound

Medicare and Medicaid are key sources of health coverage for many Americans and some people qualify for assistance under both programs. With lagging …

Social Issues

play sound

A mix of policy updates and staffing boosts has helped to put wage theft enforcement on the radar in Minnesota, and officials leading the efforts are …

More than six in 10 Americans favor keeping the abortion pill mifepristone available in the U.S. as a prescription drug, while over a third are opposed, according to a Gallup poll. (Adobe Stock)

Social Issues

play sound

New research shows more than six in 10 abortions in the U.S. last year were medically induced, and U.S. Sen. Catherine Cortez Masto - D-NV - is …

Social Issues

play sound

Colorado is working to boost the state's agricultural communities by getting more fresh, nutritious foods into school cafeterias - and a new online …

Social Issues

play sound

Missouri lawmakers are concerned with protecting people from the potential risks of the increasing accessibility of AI-generated images and videos…

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021