The rising cost of college — even before the recession — threatens to
put higher education out of reach for most Americans, according to the
biennial report from the National Center for Public Policy and Higher
Education.
Maybe both? Its not just the price that makes college hard to afford, a lot of time can go into understanding and applying for the various financial aid opportunities designed to help students find money for college.
Actually, what buys that education is Berea’s $1.1 billion endowment, which puts the college among the nation’s wealthiest. But unlike most well-endowed colleges, Berea has no football team, coed dorms, hot tubs or climbing walls. Instead, it has a no-frills budget, with food from the college farm, handmade furniture from the college crafts workshops, and 10-hour-a-week campus jobs for students.
Stanford joins the list of expensive colleges expanding financial aid offers to perspective students. Several factors suggest the trend will grow and more schools will compete for lower-income students with tuition incentives.
Tuition and fees at public and private colleges and universities rose at more
than double the rate of inflation, the College Board said in reports released
this morning.
With MEFA, you'll find all the intelligence you need to finance an education. We're a non-profit, so you can count on straightforward advice about applying for financial aid — plus better rates and terms on loans.
College administrators say public universities are increasingly tacking on
fees for the same reasons that some are experimenting with differential
tuition for different majors: state support for higher education has
languished, and legislatures shy away from approving tuition increases.
Fees can often be set by individual campuses.
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The rising cost of college — even before the recession — threatens to put higher education out of reach for most Americans, according to the biennial report from the National Center for Public Policy and Higher Education.
Maybe both? Its not just the price that makes college hard to afford, a lot of time can go into understanding and applying for the various financial aid opportunities designed to help students find money for college.
With MEFA, you'll find all the intelligence you need to finance an education. We're a non-profit, so you can count on straightforward advice about applying for financial aid — plus better rates and terms on loans.
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