The spread of coronavirus is a public health emergency that has drastically altered our every day lives. Whether it’s your retirement investments, your exercise routine or the way your kids are educated, many of our day-to-day activities are evolving.
IU experts are here to help you make sense of it all. “On Topic with IU: COVID-19” is a podcast that shares advice on how to adapt in the time of coronavirus.
Nationally, student loan debt reached $1.6 trillion dollars last year. That works out to somewhere between $200 and $300 dollars for alumni paying off their personal student loans, but the economic downturn has a lot of people in a pinch. The U.S. Department of Education says about 20 percent of borrowers are in default, and a recent Pew study found most were concerned about how they’d make their next payment.
To counter the national problem, the Biden administration extended the student loan grace period until September 2021. We talked with Phil Schuman, who is the executive director of Financial Wellness and Education at Indiana University — Bloomington, to see what this means for alumni, students and potential borrowers.
Indiana University classes in the fall 2020 term started in-person and online and, after the Thanksgiving break, will end online-only. This was by design. In the spring, the model reverses itself. The first three weeks will be online only, before returning to a mixed in-person and online schedule. Again, this is by design, but it does create some unique challenges, and opportunities, for student and faculty.
Dr. Greg Siering the director for the Center for Innovative Teaching and Learning at Indiana University – Bloomington joins us to talk about emerging best practices in teaching remote and hybrid classes, building community with students in a virtual setting and the services that CITL provides to faculty.
Our economic recovery will likely be gradual, and spikes in coronavirus cases could directly impact those improvements going forward. That’s part of the new economic forecast from Indiana University’s Kelley School of Business scholars. Their new report suggests we still may experience some difficulties in the workforce, despite continued, if slower, improvements into 2021.
“On-Topic with IU: COVID-19” is produced by The Media School and IU Studios, and is available on Apple Podcasts and wherever else you find podcasts.