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Friday, August 15, 2014

Financial Aid Not Enough? Ideas on How to Fill the Gap

Homeroom – Justin Chase Brown

“The reality of college costs is that many families find themselves struggling to pay the entire college bill, despite having already filed the Free Application for Federal Student Aid (FAFSA) and receiving federal, state, and institutional financial aid resources. If you find yourself in this position, here are some ideas to consider to help fill the gap between what your financial aid covers and what you owe the institution.” (more)

Friday, August 8, 2014

New Plan Would Exchange UK Tuition Hike for Assuming Loan Debt

Education News – Grace Smith

“The UK is considering allowing universities to raise tuition fees above the cap of £9,000 ($15,146) a year if they will take on the student loan debts…students would repay their loans to their own universities and begin to repay once they are earning at least £21,000 [approx. $35,000] annually.” (more)

Friday, August 1, 2014

The Future Of Higher Education Depends On Innovation

Forbes – Henry Doss

“What does it really mean to be “educated”? And what is the role of institutions of higher education?…Whatever your answers to these kinds of questions might be, the fact is that we are in the midst of an increasingly rapid transformation in education, across dimensions of purpose, content, pedagogy and methodologies.” (more)

Thursday, July 31, 2014

The Changes In How Americans Pay For College

Forbes – Robert Farrington

“…more than eight in ten families indicate they are willing to stretch themselves financially to obtain the opportunities afforded by higher education. This is where college students and families can get themselves in trouble. Not all college investments are equal…” (more)

Friday, July 25, 2014

The Tough Conversation Parents Must Have Before Paying For College

Forbes – Robert Farrington

“Parents and students need to look at education just like any other investment…When you pay for education, the goal is to better yourself for the future. This should, in turn, pay dividends by giving the graduate higher wages than a non-graduate. However, if you overpay for your college education, the return on investment simply won’t be there.” (more)

Wednesday, July 16, 2014

The Financial Literacy Gap Costs College Graduates Thousands

Forbes – Robert Farrington

“A recent study highlighted the huge gap in financial literacy among American students…With the push for American students to go to college and spend thousands of dollars on their education, the financial literacy gap leads many students to make painful early mistakes with their money…these problems can follow them throughout their lives.” (more)

Wednesday, June 11, 2014

Washington Students Appeal For More Aid, Lower Tuition

Education News – Grace Smith

“…you may not have noticed that during the recession, many colleges and universities had their state funding cut by up to 50%…A group of University of Washington (UW) students would like to go back to the days when a student could actually afford to work his way through college…”(more)

Friday, May 23, 2014

Grads With College Debt Struggle To Gain Wealth

Education News – Rebecca Stimmler

“Many students accumulate a crippling amount of student debt in college. This typically effects their net worth in the long run…those students with college debt are around 10 years behind in accruing their wealth…”(more)

Thursday, April 17, 2014

“Death Spiral” – Harvard Professor Predicts Up To Half Of US Universities May Fail In 15 Years

Zero Hedge – Tyler Durden

“Soaring student debt, competition from online programs and poor job prospects for graduates are shrinking the applicant pools for many universities and, as Bloomberg reports, the National Association of Independent Colleges and Universities warns “there will clearly be some institutions that won’t make it…through these difficult steps.” Rather stunningly, Moody’s found that expenses are outpacing revenue at 60 percent of the schools it tracks even as many try to slash their way to balanced budgets,” and concluded “what we’re concerned about is the death spiral… this continuing downward momentum for some institutions.””(more)

Wednesday, February 5, 2014

Tennessee Governor Urges 2 Free Years of Community College and Technical School

The New York Times – Richard Perez-Pena

“Public colleges have sharply raised their prices since the 1990s in the face of declining state support, but a plan by Tennessee’s governor to make two years of community college and technical school free for all students represents a striking reversal of that trend.”(more)