Beth Akers Profile Banner
Beth Akers Profile
Beth Akers

@DrBethAkers

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Author of Making College Pay. PhD economics. Expert on higher ed. @AEI formerly @manhattaninst @Brookings @WhiteHouseCEA .

Salt Lake City, UT
Joined August 2012
Don't wanna be here? Send us removal request.
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@DrBethAkers
Beth Akers
3 years
Look what I found on the shelf at my local @BNBuzz ! #JustBrowsing #MakingCollegePay
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@DrBethAkers
Beth Akers
1 month
Maddow bringing the misinformation on student loans. Banks aren't a part of this at all. Student loans are a government program. And there aren't any profits. This program is milking American taxpayers. Helping college grads at the expense of everyone else. Try again, Maddow.
@MaddowBlog
Maddow Blog
1 month
Republicans are suing, in multiple states, to make sure that Americans have to pay more to banks on student loans. In an election year.
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@DrBethAkers
Beth Akers
3 years
I’m happy to share the news that today I am joining @AEI as a Resident Scholar in @AEIeducation where I’ll continue to focus on higher education and work. I’m thrilled to be joining an impressive roster of colleagues and excited to share more work with you from this new perch.
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@DrBethAkers
Beth Akers
11 months
The comparison to PPP is lazy. PPP was passed through legislation and was intended, off the bat, to be forgiven. It needed to be designed that way to allow millions of workers to keep their jobs through the Covid pandemic.
@kylegriffin1
Kyle Griffin
11 months
President Biden on the student loan ruling: "The hypocrisy of Republican elected officials is stunning. They had no problem with billions in pandemic-related loans to businesses – including hundreds of thousands and in some cases millions of dollars for their own businesses. And
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@DrBethAkers
Beth Akers
1 year
SCOTUS on Student Loan Cancellation: US Solicitor General argued that inflation has caused hardship to borrowers with outstanding student debt. But inflation actually erodes the value of debt (relative to income) which makes debt easier to repay.
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@DrBethAkers
Beth Akers
2 years
A Twitter alternative nobody is talking about is that we all just log off and do actual work.
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@DrBethAkers
Beth Akers
6 years
Today I’m unveiling my most recent project. Done in (interdisciplinary) collaboration with @TEricWaters . The most challenging and rewarding thing I’ve ever worked on. And also the cutest. Meet Eamon.
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@DrBethAkers
Beth Akers
3 years
Opening this package over the weekend was a pretty special moment. This book has been a long time in the making and only exists because I was given the opportunity to spend countless hours writing it and abundant support from SO many who have been a part of the process.
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@DrBethAkers
Beth Akers
2 years
“Rich kids” borrow more than “poor kids.”
@thesarahkelly
sarah
2 years
Rich kids don’t have student loans
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@DrBethAkers
Beth Akers
2 years
Student loan forgiveness would make the overall problem worse. It would cause tuition to rise more quickly and borrowers to amass debts in excess of the level we see today. (1/4)
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@DrBethAkers
Beth Akers
11 months
Folks, not paying your student loans when they come due is a really bad idea. I assure you that the joy you'd get from participating his sort of protest would be swamped by the long-run consequences.
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@DrBethAkers
Beth Akers
3 years
This is sad. Best advice I ever received from a mentor was that you only need to work four hours a day on your research if you’re REALLY working. Hearing that as a grad student from a renowned economist was a game changer. Immediately started living my life again.
@MarthaOlney
Martha Olney 🏳️‍🌈
3 years
Yesterday, several grad students said they aren’t convinced they want to be a professor “because they want to be able to have weekends.” What are we doing? What are we modeling? Do we really think that to be a professor you must sacrifice all else in life in pursuit of a “Top5”?
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@DrBethAkers
Beth Akers
1 year
This is theatrics. If dems had wanted cancellation they would have done it through legislation in the first two years of Biden's admin when they had control of both houses in congress and the White House. They may not be saying it, but moderate dems know this is bad policy.
@USATODAY
USA TODAY
1 year
Dozens of Democrats in the U.S. Senate and House signed a letter Tuesday reiterating their support for President Joe Biden’s student loan forgiveness plan.
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@DrBethAkers
Beth Akers
5 years
Probably because it’s hugely regressive. 🤷🏼‍♀️
@samswey
Samuel Sinyangwe
5 years
Cancelling student loan debt would benefit 25,000,000 American Millennials by an average of $30,000 each. It’s wild that candidates have not publicly supported this policy to date.
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@DrBethAkers
Beth Akers
3 years
I have some bittersweet news to share today. After a wonderful four + years, this will be my last day as a senior fellow with the @ManhattanInst . My life, both personally and professionally, has changed dramatically in this time and I am incredibly grateful to the entire
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@DrBethAkers
Beth Akers
2 years
Who loves Biden’s student loan cancellation plan and wants to come on my podcast to try to convince me that I’m wrong about it being terrible?
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@DrBethAkers
Beth Akers
3 years
Debt without a degree is one of the most problematic trends of the current federal policy regime.
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@DrBethAkers
Beth Akers
2 years
That’s a creative interpretation of the data.
@SenWarren
Elizabeth Warren
2 years
The American people support canceling student debt, even those who don’t have loans. One of the reasons? There's scarcely a working person in America who doesn't have a friend, family member, or coworker weighed down by this burden. @POTUS should #CancelStudentDebt .
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@DrBethAkers
Beth Akers
4 years
Guess the y axis. Wrong answers only.
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@DrBethAkers
Beth Akers
5 years
Depending on the discipline, you might get the message that there is only one model for a successful career: academia. Real success is finding a path that’s a good fit and makes you happy. Don’t be shy about finding it.
@amydjohn
Amy Johnston | she/her
5 years
I'm starting a PhD in Sept. What is the one piece of advice you wish you had gotten before you started? (and don't say 'run away'... pls) #phdchat #AcademicTwitter #AcademicChatter
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@DrBethAkers
Beth Akers
3 years
Today is the day— my book, Making College Pay, is finally on sale! I’m so excited to share this with the world!
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@DrBethAkers
Beth Akers
5 years
My son is only 13 months old but he made himself breakfast this morning. #babygenius
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@DrBethAkers
Beth Akers
11 months
I don't like this sort of student loan cancelation as a policy idea, but I especially don't like that it was attempted in this unlawful manner. Justice was served today.
@DrBethAkers
Beth Akers
11 months
Breaking: SCOTUS votes to block Biden's Student Loan Cancellation plan.
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@DrBethAkers
Beth Akers
3 years
I keep seeing the argument that forgiving student loans isn't fair to the people who paid out of pocket or already paid off their debt. This argument falls flat for me. I'm much more concerned about the fairness of giving a hand out to college educated workers...
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@DrBethAkers
Beth Akers
5 years
I have another idea for getting more people into public service. One that doesn't introduce (er, perpetuate) perverse incentives in higher ed market and drive further tuition inflation. I know this is going to sound crazy... Pay them more.
@JakeLahut
Jake Lahut
5 years
O'Rourke also suggests forgiving student loan debt if the student goes into public service
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@DrBethAkers
Beth Akers
2 months
This reminds me of the time I wouldn’t let my 2-year-old put his hand in the toaster and he laid on the floor screaming for ten minutes. He was also denied medical attention during that time.
@sfmcguire79
Steve McGuire
2 months
“In essence, they tried to break us. They tried to break our bodies, they tried to break our spirits.” One of the Vanderbilt protestors speaks after their 21-hour sit-in: h/t @lawyergonerogue
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@DrBethAkers
Beth Akers
3 years
must-read from my former Brookings colleague. “In sheer magnitude, canceling $50k in student debt would rank among the largest transfer programs in US history. At a cost slightly above $1 t, it would equal the total amount spent on cash welfare since 1980”
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@DrBethAkers
Beth Akers
2 years
Let’s be honest: If student loan cancellation really didn’t benefit the wealthy you’d address the critique directly rather than deflect with snark.
@PramilaJayapal
Pramila Jayapal
2 years
Let’s be honest: If student debt cancellation really only benefited the wealthy, you can bet that Congress would have done it a long time ago. Full stop.
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@DrBethAkers
Beth Akers
3 years
As long as resources are scarce, I can't endorse spending upwards of one trillion dollars on a "stimulus" program that ignores the most economically vulnerable (ie not college educated) Americans.
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@DrBethAkers
Beth Akers
3 years
If we had a well functioning income driven repayment system for federal student loans then there’d be no reason to make them dischargeable in bankruptcy. Tell me (nicely) why I’m wrong.
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@DrBethAkers
Beth Akers
6 years
@etkeld Since you brought it up… I'd like to be addressed as "Dr. Beth 'social scientist extraordinaire' Akers, PhD" in all future email correspondence.
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@DrBethAkers
Beth Akers
3 years
I’m so excited to share this with you all!
@AEIeducation
AEI Education
3 years
Is college really worth it? How should I go about choosing a school? And what about deciding on a major? @DrBethAkers ’ new book, Making College Pay, answers these questions and more: #MakingCollegePay @penguinrandom
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@DrBethAkers
Beth Akers
3 years
This seems accurate.
@awilkinson
Andrew Wilkinson
3 years
Most successful people are just a walking anxiety disorder harnessed for productivity.
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@DrBethAkers
Beth Akers
4 years
We’re all going to need to find a new strategy for engaging in politics. We too often resort to shaming and degrading those we disagree with. Regardless of who wins, we have deep wounds to heal in this nation.
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@DrBethAkers
Beth Akers
3 years
I’m honored! And appreciating all the love for my new look. (Inspired by Queen’s Gambit, of course.)
@ratemyskyperoom
Room Rater
3 years
Great art. Pillow work. Lighting at left. Reposition slightly/add plant to back end table. 8/10 @DrBethAkers
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@DrBethAkers
Beth Akers
2 years
This is a crime against economics.
@crampell
Catherine Rampell
2 years
I'm confused. Is student debt forgiveness supposed to stimulate demand, or cool it?
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@DrBethAkers
Beth Akers
3 years
Student loan forgiveness is not only regressive, it also won’t do much for the economy. Giving money to the poor works better on both those fronts. Cut another means tested stimulus check if you want to help people and the economy.
@jasonfurman
Jason Furman
3 years
Student loan debt forgiveness likely has a multiplier close to zero. Forgiveness is taxable. If this negative cash flow effect outweighs interest savings would even be net negative. And wealth effect small in short run. Arbitrary/regressive $1T for ~$0 GDP, not a great idea.
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@DrBethAkers
Beth Akers
3 years
One month! Can’t wait to share this with everyone. It’s been a long time in the making!
@AEIeducation
AEI Education
3 years
🚨🚨 Keep an eye out: @DrBethAkers ’ new book, Making College Pay, comes out in ONE MONTH! In it, Beth explains how to sift through fact and fiction about paying for college to make a smart bet on higher education. #MakingCollegePay @penguinrandom
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@DrBethAkers
Beth Akers
3 years
My Inaugural Newsletter went out today. Check it out here and subscribe! @DrBethAkers
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@DrBethAkers
Beth Akers
5 years
This morning I had the tremendous privilege of being able to give testimony for the US House @EdLaborCmte on college affordability. Thank you @BobbyScott and @virginiafoxx for this opportunity.
@ManhattanInst
Manhattan Institute
5 years
🚨 🚨 @BethAkers_ is testifying before the U.S. House @EdLaborCmte on the cost of college.
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@DrBethAkers
Beth Akers
6 years
Work travel. Pre-baby: [shufffles through suitcase] “Hmm, what to wear today to feel like a fierce boss-lady...” Post-baby: [shuffles through pile of clothes and diapers] “hmm, what to wear today that doesn’t have puréed carrots all over it...”
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@DrBethAkers
Beth Akers
3 years
I’m going to take a quick professional pause to enjoy some time with my family (and in the outdoors) but am looking forward to sharing news about my next professional endeavor when it gets a bit closer. In the meantime, you can contact me through my personal website linked above.
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@DrBethAkers
Beth Akers
2 years
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@DrBethAkers
Beth Akers
2 years
For whatever it's worth, I don't fault anyone who applies to have their student loans cancelled through Biden's plan. I hate the policy, but it's not the responsibility of individuals to police the spending of taxpayer dollars. Our political leaders are the ones who failed here.
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@DrBethAkers
Beth Akers
3 years
My mentions are a little ugly today. But at least we’re talking about policy again! 👊🏻
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@DrBethAkers
Beth Akers
3 years
I don’t think I’d be an economist today if I hadn’t met Eddie Lazear when I did. He was an amazing thinker and an amazing human. I’ll forever be grateful for the kindness and generosity he showed me when I was at an important crossroads in my life.
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@DrBethAkers
Beth Akers
8 years
I've enjoyed four fantastic years working at Brookings but I am proud to announce that next week I'll be joining the @ManhattanInst !
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@DrBethAkers
Beth Akers
2 years
Imagine not understanding that being able to afford a vacation in Paris puts you ahead of MOST Americans in terms of economic privilege. Not to mention having a college degree...
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@DrBethAkers
Beth Akers
2 years
In 2015–16, students from households in the highest income quartile (those with incomes above $120,000) borrowed about $10,500 more than students from households in the lowest income quartile (those with incomes below $30,000).
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@DrBethAkers
Beth Akers
3 years
and ignoring the majority of Americans who operate in the labor market without the luxury of a college degree and the heightened earnings that it affords. We have safety nets to ensure that borrowers aren't destroyed by student debts. And we should make them work better.
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@DrBethAkers
Beth Akers
5 years
I appreciate that Mayor Pete’s @PeteButtigieg talking point on college affordability includes a note that “it also needs to be more affordable to not go to college.”
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@DrBethAkers
Beth Akers
2 years
This is econ 101. People take excessive risks when they are protected from the consequences of their actions. (2/4)
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@DrBethAkers
Beth Akers
2 years
Biden loan cancellation plan is regressive. Despite income limits and pell grant advantage. That’s because it ignores least well off in the economy, those who never went to college, and advantages our highest earners, highly educated.
@MarcGoldwein
Marc Goldwein
2 years
ANALYSIS: Even with the additional $10k for Pell recipients, the President's debt cancellation still mostly benefits higher earners. 𝟓𝟕 𝐭𝐨 𝟔𝟓 𝐩𝐞𝐫𝐜𝐞𝐧𝐭 𝐨𝐟 𝐭𝐡𝐞 𝐛𝐞𝐧𝐞𝐟𝐢𝐭 𝐰𝐢𝐥𝐥 𝐠𝐨 𝐭𝐨 𝐭𝐡𝐞 𝐭𝐨𝐩 𝐡𝐚𝐥𝐟 of the income spectrum.
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@DrBethAkers
Beth Akers
3 years
Thank you, @RepLizCheney .
@RepLizCheney
Rep. Liz Cheney
3 years
Freedom only survives if we protect it. We must speak the truth. The election was not stolen. America has not failed.
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@DrBethAkers
Beth Akers
5 years
Thankful to ⁦ @OnTheMoney ⁩ for the invitation to talk with ⁦ @contessabrewer ⁩ about paying for college. Ciff’s notes: Employer benefits are great for those who give or get them. But for those really struggling we’ll need better safety nets.
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@DrBethAkers
Beth Akers
2 years
On @CNN in just a few minutes with @Claudia_Sahm to discuss student loans and the economy.
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@DrBethAkers
Beth Akers
1 year
“They don’t really understand the cost of sexual harassment. They don’t understand the way it can sap your motivation. They don’t understand the way that can make you doubt your own abilities, question yourself.” @BetseyStevenson nails it here. #econmetoo
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@DrBethAkers
Beth Akers
5 years
Because there can never be too many pictures of dogs or babies on twitter. These are my two favorites! ❤️
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@DrBethAkers
Beth Akers
13 days
I can’t even fathom how Cardona/ staff thought this tweet would land well amidst the current FAFSA implementation nightmare. 🤯🤯🤯
@SecCardona
Secretary Miguel Cardona
14 days
As a parent, I know how important #BetterFAFSA is for families. 2 years ago when filling out the FAFSA w/ my son it took about an hour. This year when filling it out with my daughter it took about 30 minutes. For busy families, that time saved counts.
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@DrBethAkers
Beth Akers
5 years
Wondering what I think about the Sanders plan for student debt cancellation? Watch my hot take here: 'Game of Loans' author says Bernie Sanders' plan to eliminate student loan debt is absurd via @abc7newsbayarea
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@DrBethAkers
Beth Akers
5 years
I had my first appearance on @foxnews today. And now this. Correlation or causation?
@realDonaldTrump
Donald J. Trump
5 years
Watching @FoxNews weekend anchors is worse than watching low ratings Fake News @CNN , or Lyin’ Brian Williams (remember when he totally fabricated a War Story trying to make himself into a hero, & got fired. A very dishonest journalist!) and the crew of degenerate......
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@DrBethAkers
Beth Akers
5 years
My husband wants to know where I’ve been hiding the bank money.
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@DrBethAkers
Beth Akers
2 years
Also, 37% or college “kids” are over age 25. Let’s just call them students.
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@DrBethAkers
Beth Akers
11 months
This is so irresponsible. If it's so cruel to deny borrowers forgiveness, then why didn't dems make it happen through legislation when they held the house, senate and WH? Answer: Because it's a bad policy idea that doesn't even have unanimous support in your own party.
@SenSchumer
Chuck Schumer
11 months
This disappointing and cruel student debt ruling shows the callousness of the MAGA Republican-controlled Supreme Court. The fight will not end here. The Biden administration has remaining legal routes to provide broad-based student debt cancellation.
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@DrBethAkers
Beth Akers
3 years
We've sold the notion that a degree is the golden ticket to the American Dream. By doing this, we’ve put artificial pressure on individuals to consume higher ed at any price. We have not made it acceptable for people to operate in our economy without a degree.
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@DrBethAkers
Beth Akers
3 years
My experience with jerks in Econ: The jerks are so “loud" that I initially assumed everyone was a jerk. Took me a long time to start opening up to people in our field as a result. But I’ve since come to learn there are tons of awesome people in Econ.
@Econ_Sandy
Sandy Black
3 years
Today, let's also highlight the GOOD actors in economics. To get it started, I am grateful to Guido Imbens, who kept me from dropping out of graduate school, @lkatz42 who serves as an advisor LONG after graduate school ended, and @HilaryHoynes , who I aspire to be.😊
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@DrBethAkers
Beth Akers
2 years
They probably should have checked with an economist on this one.
@sfchronicle
San Francisco Chronicle
2 years
California inflation relief checks: Eligible people making up to $250,000 will receive payments ranging from $200 to $1,050. Here's when first batch of checks will go out.
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@DrBethAkers
Beth Akers
2 months
My colleague, Michael Brickman, explains the pending legal challenge of Biden's latest effort to cancel student loans. Someone Is Stepping Up: Kansas Resists Biden’s Abuse of Power on Student Loans
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@DrBethAkers
Beth Akers
2 years
Everyone else is just as uncomfortable as you are. Don’t hesitate to walk up and introduce yourself to people. You don’t need to have anything remarkable to say.
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Beth Akers
2 years
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@DrBethAkers
Beth Akers
5 years
. @crampell on the mark when she explains: “I get it. ‘Reduce red tape to make existing programs work better!’ is less sexy than ‘Poof, everyone’s debts be gone!’ But if anyone could sell such practical wonkishness, it’s Warren.”
@crampell
Catherine Rampell
5 years
Warren’s free-college-and-debt-forgiveness plan is a big giveaway to upper-income Americans
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@DrBethAkers
Beth Akers
3 years
These gosh darn for-profit colleges… huh? … It’s a what?… oh, never mind.
@jselingo
Jeff Selingo
3 years
Summer pre-college programs for high school students are sometimes suggested to students as giving them a leg up in admissions to selective schools. This one at at Columbia U generated more than $20 million in revenue over the last two years.
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@DrBethAkers
Beth Akers
5 years
Had the privilege of hosting this fantastic group of thinkers in Park City, UT this week for a working group on new business models in higher education. New working on this subject coming from the @ManhattanInst soon.
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@DrBethAkers
Beth Akers
3 years
Just another day in the life of a mama.
@ianbremmer
ian bremmer
3 years
Multitasking FTW
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@DrBethAkers
Beth Akers
1 year
New evidence from three economists on Bennett Hypothesis in the context of graduate student loans. **Spoiler Alert** They find subsidies (uncapped borrowing) caused prices to rise. And no benefit for access.
@AEIeducation
AEI Education
1 year
In her latest for @AEIdeas , @DrBethAkers explains a new study on graduate school loans that finds that every dollar-increase in federal student loan eligibility translated into a $0.64 increase in net price.
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@DrBethAkers
Beth Akers
5 years
It's time that federal oversight of higher education comes in line with student values and stops protecting institutions who defend bad outcomes with the flimsy notion that they are creating unmeasurable social value.
@thehill
The Hill
5 years
"Empower students with information about what their education will produce" ( @TheHillOpinion )
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@DrBethAkers
Beth Akers
3 years
Edu twitter friends: I’m looking for some interesting new working papers on student loans and related policy. What should I be reading? Early stage research good too!
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@DrBethAkers
Beth Akers
5 years
Excuse me while I go take a long, hard look in the mirror. Thanks for the honest feedback, friend.
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@DrBethAkers
Beth Akers
7 years
I mean... you can't expect him to be presidential ALL the time!
@realDonaldTrump
Donald J. Trump
7 years
While not at all presidential I must point out that the Sloppy Michael Moore Show on Broadway was a TOTAL BOMB and was forced to close. Sad!
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@DrBethAkers
Beth Akers
2 years
In this case, students will choose more expensive programs of study and borrow more than they otherwise would have. And this will only cause colleges to raise prices even further. (3/4)
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@DrBethAkers
Beth Akers
3 years
🚨New Pod Alert!!🚨 Check out my latest episode with @dougwebberecon ! We talk about the riskiness of college!
@AEIeducation
AEI Education
3 years
In the latest episode of @DrBethAkers 's podcast, "An Economist Goes to College," Beth speaks with @dougwebberecon about the riskiness surrounding college and how to mitigate it. #MakingCollegePay
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@DrBethAkers
Beth Akers
3 years
I’m looking forward to testifying tomorrow morning (Tuesday, 10am ET) for the Senate Judiciary Committee hearing on Student Loan Bankruptcy Reform.
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@DrBethAkers
Beth Akers
5 years
@EDAnalyst Here’s another unpopular opinion. If we want to spend gobs of money on higher ed, maybe we should spend them on living expenses for poor rather than tuition waivers for the rich. 🤷🏼‍♀️
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@DrBethAkers
Beth Akers
8 years
My new book w @chingos : GAME OF LOANS, now available on Amazon!
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@DrBethAkers
Beth Akers
2 years
This seemed to me to be the most credible legal challenge to Biden’s student loan cancellation. I don’t see much standing in the way of it moving ahead now.
@mstratford
Michael Stratford
2 years
NEWS --> Federal judge in Missouri dismisses the lawsuit filed by 6 Republican-led states challenging Biden's student debt relief:
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@DrBethAkers
Beth Akers
4 years
Are you planning a virtual fall semester and looking for a guest speaker? I’m available to Skype/ Zoom in for your undergraduate course or for special events. Preference will be given to larger events!
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@DrBethAkers
Beth Akers
5 years
It is validating to know I am not alone but also devastating to realize this is where we are. I have tremendous admiration for @jenniferdoleac and others who are working for change. Women in Economics Report Rampant Sexual Assault and Bias
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@DrBethAkers
Beth Akers
2 years
Thank goodness for @crampell Opinion | An inflation conspiracy theory is infecting the Democratic Party - The Washington Post
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@DrBethAkers
Beth Akers
5 years
Merry Christmas, twitter friends!
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@DrBethAkers
Beth Akers
2 years
“Mom, you are the most boring of all the people. But i still love you a lot.” — My four-year-old serving up an open-faced sh*t sandwich this morning
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@DrBethAkers
Beth Akers
1 year
I’m thrilled that I’ll have the opportunity to work on answering the policy questions that are central to ensuring the American dream under this exciting new initiative with @AEI . @swinshi @RobertDoar @kevincorinth
@AEI
American Enterprise Institute
1 year
🇺🇸 BIG NEWS 🇺🇸   We're launching the American Dream Initiative—an ambitious four-year research agenda.  @swinshi & @kevincorinth will lead a new Center on Opportunity and Social Mobility.    Check out the press release👇
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@DrBethAkers
Beth Akers
4 years
Ruffle some feathers? Me? 😏
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