The Cost of Entry—Loans, Schools, and Sustainability • Bex Groebner

It’s not news that there are changes afoot in the world of education. You’re probably already well aware of the closure, over the past few years, of schools with a long history. There are concerns with loan debt that have been an issue since Obama was president. Most recently, the changes to student loans that not only fundamentally affect the acupuncture trade, but will change the landscape for graduate education in a notable way.

In this conversation with Bex Groebner we untangle the intersection of education, accreditation, federal student loan programs and professional accountability. We explore how changes in funding will put financial pressure on schools that built a business model based on the higher loan caps of GRAD+ loans. How student debt affects those who are mortgaging their future on loans that many cannot pay back. Along with what could happen if the levels of student enrollment drop to the point where our accreditor (ACAHM) and certification organization (NCBAHM) lose the funding needed to sustain their business activities.

Bex suggests that in an uncertain world, it’s best to have a back up, and that is a large part of the motivation behind her work at the Acupuncture Workforce Alliance. Most of all, she’d like to see an acupuncture education be accessible, affordable and within reach of anyone who’d like to learn this medicine so they can serve their communities, and be able to support themselves and their families.