Prepaid College Savings Plans Might Not Cover All CostsSource: The New York Times
As a result, the 529 prepaid funds — not to be confused with 529 college savings plans that do not promise a specific return — grew into financial powerhouses, even though 7 of the 18 funds have closed to new investments over the years.
State student aid feels pinchSource: nems360.com
"In a poor state like Mississippi we just have a lot of people who can't afford to go to school full-time," said Rep. Cecil Brown, D-Jackson. "People have to work and it takes longer to graduate....Life happens in that time period.
State colleges hope to avoid midyear surchargesSource: Projo.com Projo
PROVIDENCE — Higher education officials say they plan to avoid imposing midyear surcharges or tuition increases on students to make up for recent state cuts to Rhode Island's three public colleges, and instead will save money by leaving open scores of positions and trimming s …
Predicting an unaffordable UC systemSource: The L.A. Times
Students in the University of California system next year will probably pay 44% more -- $10,300 -- in basic student fees than they did in 2008. The fee increase comes in the face of declining and unreliable financial support from the state of California.
Free college tuition plan would tap lottery, casinosSource: detnews.com
Michigan's qualifying high school grads can get free college tuition through a proposed plan that draws on the state's lotteries, casinos and donations, state Rep. Fred Durhal Jr. said today.
Trickle-Down Economic MiserySource: Political Animal
Here's a telling stat for you: A little under a thousand incoming freshman confirmed that they would be attending Delaware State this fall. Only 825 showed up.
It's expensive, so it must be goodSource: The Economist
The authors write that price, in this case, is an indicator of quality. Maybe. Alternatively, education at a pricey institution could be a Veblen good, such that an increase in tuition makes the school more desirable as a status symbol.
College for $99 a MonthSource: Political Animal
In recent years, Americans have grown accustomed to living amid the smoking wreckage of various once-proud industries—automakers bankrupt, brand-name Wall Street banks in ruins, newspapers dying by the dozen.
Blow to National Merit ScholarshipsSource: Inside Higher Ed
The University of Texas at Austin is ending participation in the National Merit Scholarship Program, the largest single campus departure in years from the program, which enjoys considerable prestige in some circles but is controversial in others.
Breaking the Cost SpiralSource: Inside Higher Ed
Colleges are referred to as "cookie monsters" who "seek out all the resources that they can get their hands on and then devour them" (the higher education scholar Ronald G.
News: The Real Costs of Merit Aid Source: Inside Higher Ed
When colleges defend the use of financial aid based on academic merit, they almost always make the case that it's not an either/or question with regard to students from low-income families.
A Modest Plan For Paying College CostsSource: robertreich.blogspot.com
I'm just about to head off to a commencement here at U Cal Berkeley. The news that keeps banging around in my head is that the state has just announced a whopping 9 percent increase in fees for next academic year, the third fee increase in three years.
Pell Grants Get Some StimulusSource: The Nation
It's no secret that higher education is becoming too expensive for many middle-class families to bear. Today's New York Post breaks down the cost of one year at New York University. The total? A shocking $54,441!
U-M president refutes report that university will go privateSource: detnews.com
In 2008, a state commission work group charged with suggesting ways to cut government spending floated a proposal to eliminate U-M's $326 million state appropriations. But even the head of the work group acknowledged the idea was unlikely, and it didn't gain traction in Lansing.