Media Advisory
October 4, 2013

Contact: Tara Payne
(603) 227-5318
800-525-2577
Email Media Inquiry

“Why Is Student Debt So High In New Hampshire?”

Answering the Question and Offering Solutions

Editors, News Directors: You are invited and encouraged to attend and cover the release of an independent study prepared by local researcher Brian Gottlob of PolEcon Research and commissioned by Granite State Management & Resources (GSM&R), one of The NHHEAF Network Organizations, which explains the factors, forces, and public and private policy decisions that have made New England the most expensive higher education region in the country and specifically addresses why students at New Hampshire-based colleges and universities have historically accrued the highest amount of student loan debt in the nation.

Gottlob’s report considers the impact that changes in State support and other variables, including spending by colleges, has on tuition levels and suggests ways that policy makers, the higher education community and business leaders can address affordability in order to reach mutual goals of a) increasing postsecondary school degree attainment and b) preparing students for the job market with a reasonable and responsible amount of student loan debt that more closely mirrors the national average.

What: Release of Study Highlights:

Why Is Student Debt So High In New Hampshire? (And What Can We Do About It?)

  • Announcement of a roundtable discussion to be held on Tuesday, November 5 at the offices of Granite State Management & Resources at Barrell Court in Concord, NH which will provide a venue for communication among college presidents and administrators, legislators, researchers, higher education advocates and members of the public focused on creative and practical solutions to address the factors that contribute to New Hampshire’s especially high levels of debt.

When: Monday, October 7, 2013 from 10:30 a.m. – 11:15 a.m.

Where: Legislative Office Building at 33 North State Street in Concord, NH.

If unable to attend, GSM&R invites you to download the full Why Is Student Debt So High In New Hampshire? (And What Can We Do About It) report at www.NHStudentDebtStudy.com which will be available by Noon on October 7.

Who: René A. Drouin, President & CEO of Granite State Management & Resources
         Brian Gottlob, Principal at PolEcon Research

Contact:
Tara Payne
Email: Media Inquiry
Phone: 603-227-5318

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Granite State Management & Resources (GSM&R), one of the nonprofit NHHEAF Network Organizations, was established in 1986 to assume administration and loan servicing of federal and private student loan programs. GSM&R contracts with NH Higher Education Assistance Foundation (NHHEAF) and New Hampshire Higher Education Loan Corporation (NHHELCO) to provide financial management, data processing and personnel/facilities administration. Its nationally recognized loan servicing expertise is a source of pride.