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November 09, 2011

Young Adults Realize Importance of College, But Balk at Costs

A survey out today of young people ages 18 to 34 shows they embrace the value of a college education, but are frustrated with the rising cost of tuition and increased debt they take on to afford it. The nationwide, bipartisan survey was commissioned by the The Institute for College Access and Succe...

November 04, 2011

Some Public Colleges Offer Deals to Out-of-State Students

While some public schools may be eager to get the additional revenue that comes with out-of-state students, others are actually making deals to lure them in. (See the post I wrote on Monday about how more students were looking beyond their home state for college.) U.S. News and World Report identi...

November 03, 2011

Debt for College Grads Averages $25K; Unemployment Climbs

The latest numbers are out today from the Project on Student Debt at the Institute for College Access & Success, and they're not encouraging. Along with their degrees, two-thirds of seniors left college owing an average of $25,250 in student loans—5 percent more than a year ago. Unemployment f...

November 02, 2011

Where Do Students Get the Most Merit Aid for College?

Incoming college students can receive financial help based on need, merit, or a combination of the two. Increasingly, states are rewarding students with grants and scholarships linked to academic performance. State grants not based on need have grown at triple the rate of need-based grants over th...

October 26, 2011

Obama Hopes Initiative Will Better Inform Students Borrowers

President Obama's latest push to help student-loan borrowers includes an initiative to better inform them before they take on debt. Speaking at the University of Colorado in Denver Wednesday, Obama outlined his executive order to accelerate the income-based loan-repayment plan Congress approved las...

October 26, 2011

College Costs Climb; More Take Advantage of Tax Credit

The College Board came out with its annual trend reports that once again show the cost of college rising, but financial aid and grants cushioning the impact of the increases. Published in-state tuition and fees at public four-year institutions were up 8.3 percent in 2011-12 over last year, to $17,1...

October 25, 2011

Higher Ed Groups Gather Signatures to Protect Pell Grants

In hopes of saving Pell Grants from getting slashed by the congressional "Super Committee" charged with deficit reduction, a new lobbying effort is under way by the Student Aid Alliance, a group of 74 higher education associations, advocacy groups, and other organizations. The alliance issued a sta...

October 24, 2011

New Gift Idea: Chip in to Pay Cost of Tuition

Don't know what to get a teenager or young adult in your life for the next holiday? You could pool your money with other friends and relatives to pay for college expenses. A new website, ShareAGift.com, allows people (or a friend or family member on their behalf ) to create gift pages for a specif...

October 20, 2011

Community College Dropouts Come at High Cost, New Report Says

There is a high cost to federal, state, and local governments when full-time community college students don't return for a second year. A new report by the American Institutes of Research estimates the cost of freshman dropouts over five years is $4 billion. The Hidden Cost of Community Colleges by...

October 13, 2011

Quality of Net-Price Calculators Varies Among Colleges

The deadline of Oct. 29 is fast approaching for colleges to meet a federal requirement to have cost calculators on their websites. While designed to be a helpful way for families to comparison shop for colleges, the quality of what's been put online is mixed and not always user-friendly. The Instit...

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