Even though college costs are rising rapidly each year and could reach $334,000 by 2018, fewer families are saving for it than last year, according to a new survey from student loan servicer Sallie Mae. Just 48% of U.S. families are saving for their children’s college education, compared to 51% last year, MainStreet reports. Families are […]
There’s been plenty of discussion about the astronomical growth of college tuition costs over the past few decades.
But rarely do you hear about another culprit for rising college costs: room and board.
While the government and colleges claim to be increasing access to college for students of all ethnic and racial backgrounds, a new study finds that diversity is actually decreasing at many schools. What’s the culprit? Rising tuition, which makes it more difficult for low-income students (many of whom are ethnically diverse) to afford college. Less […]
One of the main tenants of Roman Catholicism is to help the poor, but a new study finds Catholic colleges and universities in the U.S. are doing a poor job. The New America Foundation found that five of the 10 most expensive private universities for low-income students, and 10 of the top 28, are Catholic. […]
Why have college costs skyrocketed over the past few decades? According to Richard Vedder, Director of the Center for College Affordability and Productivity, the biggest reason for the increase in college costs has been the increase in federal financial aid. Financial aid programs not helping needy students Knowing that the federal government will increase financial aid […]
By now, most high school seniors have heard back from the colleges to which they’ve applied. And many, unfortunately, are likely disappointed with the financial aid package they’ve received from the schools of their choice. In many cases, students find themselves heartbroken over not being able to attend their top-choice college because their family can’t […]
Applying to and getting into college puts enormous pressure on students and families. Many students believe they need to get into the “best” (highest-ranked) college possible in order to have a chance at getting a good job after college.
Particularly among the wealthy, there’s often competition between parents as their children apply to the same prestigious colleges, Robert Reich writes in a recent piece for Slate.
There’s plenty of focus on the rising cost of college, but many people don’t realize until they get there that the extra costs, including textbooks, can really add up. According to a new report from the Student Public Interest Research Groups, switching to free or low-cost “open-source” electronic versions of textbooks could save students thousands […]
There’s been another win for the affordable State University of New York (SUNY) system.
A recent study by The Business Journals analyzed the quality of 484 public colleges in America, and several SUNY colleges ranked among the best.
Given that colleges are the ones raising tuition every year, it’s not every day that you hear a college president coming out against rising college costs–especially one from an elite (and very expensive) Ivy League university. But Philip Hanlon isn’t your average college president. Rising college costs are ‘unsustainable’ Hanlon is the president of Dartmouth […]