Tony Miller
Showing 1–2 of 2 transcripts.
- Milken Institute1h 2m
Investing in Students
Sean Green, Mike Cagney, Dave Girard, Bob Whelan, David Bergeron, Bill Bennett, Tony Miller
Addressing the $1.3 trillion U.S. student loan crisis, panelists including David Bergeron and industry leaders from SoFi and Upstart proposed shifting from traditional lending to investment-based models like Income Share Agreements and equity financing. These alternative structures aim to align educational costs with future earnings and force institutions to accept financial consequences for poor student outcomes, thereby challenging the cultural resistance to viewing higher education as a quantifiable investment. While innovative platforms have demonstrated low default rates through community accountability and flexible repayment terms, the discussion concluded that widespread adoption remains hindered by federal regulatory ambiguity and institutional reluctance to forfeit guaranteed federal protections.
- Milken Institute1h 16m
The Future of Higher Education in America
William Bennett, Steven Knapp, Daphne Koller, Patricia McWade, Anthony Miller, John Nelson, Bill Bennett, Tony Miller, Megan Smith, John Graff
Amidst eroding public confidence and a trillion-dollar student debt crisis, the U.S. higher education sector faces significant pressure to modernize through legislative mandates for outcome transparency and disruptive online learning models. Prominent institutions and experts like George Washington University, Georgetown University, and Udacity are testing alternative strategies ranging from fixed-tuition policies and global competency credentials to robust need-based aid programs. These responses aim to address the widening gap between academic credentials and economic reality while preparing for a future where regulations tie financial aid to institutional performance and survival.