Keyword: tuition

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  • College Debt Bubble Crisis: 33% Of All Student Loans Are Delinquent On Repayments

    03/31/2015 1:47:59 PM PDT · by SeekAndFind · 39 replies
    Market Daily News ^ | 03/31/2015 | Mac Slavo
    With all of that job creation being claimed by the Obama administration and disseminated by mainstream media outlets as signs of a sustained recovery you’d think most college graduates would have no trouble keeping up with their bills. But new data released by the Department of Education tell a different story. According to the report as many as 33% of American college grads with student loan debt are now in delinquent status on their repayments. About one-third of borrowers with federal student loans owned by the U.S. Department of Education are late on their payments, according to new federal data.The...
  • The greed of super wealthy liberal colleges is astounding

    03/28/2015 11:11:21 AM PDT · by SeekAndFind · 35 replies
    American Thinker ^ | 03/28/2015 | NewsMachete
    According to the Washington Post, New York University is charging $66,000 a year in tuition.  This includes room and board but is still a fantastically expensive figure.  Columbia University is charging $63,000 a year, and even less well-known schools like Sarah Lawrence College and Harvey Mudd College are charging about $65,000 a year. Now, to be fair, these figures include room and board.  But even with room and board, these are fantastically expensive rates.  Many schools like NYU play a game, where they say that their asking tuition is $66,000, but after scholarships and grants, the average tuition is...
  • The Culture of Entitlement: Somebody Else Should Pay for My College Tuition!

    03/21/2015 10:54:21 AM PDT · by SeekAndFind · 26 replies
    Pajamas Media ^ | 03/21/2015 | Michael Walsh
    The headline on this op-ed piece in the Washington Post says it all: College applicant: I got in! But I can’t afford it. Was all my hard work for nothing? The author of the piece is a high-school senior in Lousiana who just got admitted to Tulane, so let’s cut her some slack here. But what does it say about the success of President Obama’s constant yammering about how college should be “free” (incrementally, of course, beginning with community college, but we’ve all seen this leftist movie before and know where it’s going)? A lot, is what: I am...
  • MARK CUBAN: Here's how to fix America's crippling student debt crisis

    03/11/2015 8:18:51 AM PDT · by SeekAndFind · 37 replies
    Business Insider ^ | 03/11/2015 | Peter Jacobs
    After 114 years, Sweet Briar College revealed last week that it would close after the spring 2015 semester, an abrupt announcement that shocked many in the world of academia. "This is just the beginning of the college implosion," Mark Cuban tweeted last week, after the news about Sweet Briar, an all-women's college in Virginia. Cuban, the well-known entrepreneur and billionaire investor, was not surprised by the news. For years, Cuban has warned of a "student loan bubble" created by skyrocketing tuition fueled by an endless supply of student loans. "At some point, it's going to pop," Cuban told Business Insider...
  • MARK CUBAN: Forgiving $1 trillion in student debt is 'the worst thing we could do'

    03/10/2015 11:22:10 AM PDT · by SeekAndFind · 18 replies
    Business Insider ^ | 03/10/2015 | Peter Jacobs
    While the closing of Sweet Briar College last week caught many people in higher education by surprise, some saw it as an early sign of an inevitable college implosion. For years, entrepreneur and billionaire investor Mark Cuban has warned of a "student loan bubble" created by skyrocketing tuition and fueled by an endless supply of student loans. A radical solution to the student loan problem would be to forgive all student debt, as a viral essay by Robert Applebaum proposed six years ago. However, Cuban thinks massive student loan forgiveness would just make the bubble keep expanding. "Forgiving the debt...
  • City University Refunds Illegal Aliens Who Paid Out-of-State Tuition

    03/03/2015 9:13:22 AM PST · by Enlightened1 · 10 replies
    Breitbart ^ | 3/3/15 | Breitbart
    City University of New York is returning thousands of dollars to about 150 immigrant students who live illegally in the U.S. and overpaid for their tuition. A student group called CUNY Dreamers told school officials late last year that many immigrant students from New York paid higher, out-of-state tuition even though they were eligible for in-state rates, a difference of about $4,000 per semester. A CUNY spokesman said administrators conducted a review of enrollments on CUNYs 24 campuses and began the process of returning excess payments. New York is among 19 states that allow in-state tuition for immigrant students. Its...
  • A Tuition-Free College Degree

    02/09/2015 2:18:58 AM PST · by 2ndDivisionVet · 19 replies
    EduCause ^ | November 10, 2014 | Shai Reshef, Founder and President of University of the People
    I would like to share with you a new model of higher educationa model that, once expanded, can enhance the collective intelligence of millions of creative and motivated individuals who otherwise would be left behind. Look at the world. Pick a place and focus on it. You will find people chasing higher education. Let's meet some of them. Meet Patrick. Patrick was born in Liberia to a family with twenty children. During the civil war, he and his family were forced to flee to Nigeria. There, in spite of his situation, he graduated from high school with nearly perfect grades....
  • Obamas student-loan program $22 billion in the hole for FY2015

    02/05/2015 8:02:22 AM PST · by SeekAndFind · 8 replies
    Hotair ^ | 02/05/2015 | Ed Morrissey
    In the federal budget, just how big a hole would $22 billion be? As Michael Grunwald points out at Politico, that’s “larger than the annual budget for NASA, or that of the Interior Department and EPA combined[.]” And the shortfall is entirely due to the changes Barack Obama has made to student-loan programs — and could grow to ten times that amount over the next decade: In obscure data tables buried deep in its 2016 budget proposal, the Obama administration revealed this week that its student loan program had a $21.8 billion shortfall last year, apparently the largest ever...
  • University of California Pension Costs Force Tuition Increase

    01/16/2015 1:02:35 PM PST · by ThethoughtsofGreg · 11 replies
    American Legislator ^ | 1-16-15 | Ben Wilterdink
    Time and time again, California proves itself to be a what-not-to-do handbook for states looking to responsibly balance their budgets. This reputation was clearly on display by the University of California Board of Regents decision to increase the cost of tuition by 25 percent over the next five years. The increased tuition wont be going to make improvements for students but rather will almost certainly go directly into funding for UCs underfunded and mismanaged pension system. The University of California Retirement Plan (UCRP) is facing a major shortfall. In making sure that it is funded adequately enough to pay current...
  • Ann Coulter: As Long as Obama Brought Up the Cost of College...

    01/15/2015 9:21:21 AM PST · by SeekAndFind · 44 replies
    Townhall ^ | 01/15/2015 | Ann Coulter
    I gather from Obama's "free" community college proposal that his plan for dealing with the Republican Congress over the next two years is to throw out ridiculously expensive ideas no one has ever heard of before, and then denounce Republicans for being naysayers. Community college is already incredibly inexpensive. The only thing that will jack up the price is making it "free." How about a big federal program to provide every American with free toilet paper? Coincidentally, that's about all most college degrees are good for these days. Obama's moronic proposal has presented the GOP with a fantastic opportunity. Since...
  • Is free community college just another out of touch elitist scheme? [Obamacare for college]

    01/13/2015 7:57:46 PM PST · by SeekAndFind · 10 replies
    Hotair ^ | 01/13/2015 | Bruce McQuain
    The short answer is “yes”. Megan McArdle makes the point : Higher education is becoming the ginseng of the policy world: a sort of all-purpose snake oil for solving any problem you’d care to name, as long as we consume enough of it. Education is a very good thing, but it is not the only good thing. An indiscriminate focus on pushing more people into the system is no cure for society’s ills–and indeed, often functions as a substitute for helping the people who are struggling in the current system. In fact (beside the fact we can’t afford “ObamaCare...
  • Obama's "Free Education" proposal: A Community-College Plan Doomed to Fail

    01/13/2015 7:33:12 AM PST · by SeekAndFind · 31 replies
    National Review ^ | 01/13/2015 | The Editors
    The logic behind the free community-college program President Obama announced last week is understandable. A high-school education once put many well-paying jobs within reach of Americans. Today, post-high-school work is increasingly necessary. So President Obama has proposed that two years of community college be free for students in most programs, accompanied by more oversight and accountability from Washington. The problems begin where they did with efforts to improve elementary and secondary education from Washington: Why is a locally provided good the concern of the federal government? And since when was Americas K12 educational system, let alone the federal governments attempts...
  • Obama's "Free Education" proposal: A Community-College Plan Doomed to Fail

    01/13/2015 7:33:02 AM PST · by SeekAndFind
    National Review ^ | 01/13/2015 | The Editors
    Two stars from the Seattle Seahawks took time away from the field to cut an ad shilling for Obamacare. The ad, posted Friday, features Seahawks quarterback Russell Wilson and rhetorically explosive cornerback Richard Sherman touting the benefits of President Obamas healthcare law and its web portal Healthcare.gov.
  • Community College an Expensive Freebie

    01/12/2015 7:09:58 AM PST · by Academiadotorg · 18 replies
    Accuracy in Academia ^ | January 9, 2015 | Malcolm A. Kline
    Its one thing for conservative pundits to question the Obama Administrations latest higher education subsidy. Its quite another for a writer in The Atlantic to start asking inconvenient questions. President Obama wants to provide free tuition at community colleges, a proposal that could benefit as many as 9 million students, according to a White House outline of the plan released Thursday, Fawn Johnson wrote on the Atlantic blog. But there's one big caveat in the proposal: There isn't plan to fund it, other than to ask Congress for the money. Without that crucial piece of the program, which would be...
  • Obama's Free Community College Proposal Is Ridiculous

    01/11/2015 11:32:49 AM PST · by 2ndDivisionVet · 25 replies
    American Thinker ^ | January 11, 2015 | Michael Filozof
    As someone who has spent over 15 years teaching at community colleges, I cannot think of a worse idea than President Obamas proposal for the federal government to provide free community college tuition nationwide. Heres why: Nothing in life is free: The lesson we should be teaching our students is that nothing of value is free. Free community college for students translates into a tax increase for somebody else. Who is going to pay for the billions of dollars it will cost to provide free tuition at community colleges, which are heavily subsidized by taxpayers already? College should be affordable,...
  • Dont Believe the Hype: Theres Still a Student Loan Crisis

    01/05/2015 2:29:33 PM PST · by SeekAndFind · 11 replies
    TIME Money ^ | 01/05./2015 | Mitchell D. Weiss
    When it comes to student debt, it's not fair to blame students for being in over their heads. In the first of its reports (April 2014), the BCEP concluded that not only is the price tag for governmental student loan relief programs much higher than originally thought, but their existence presents an irresistible temptation for students to engage in more risky behavior because they dont have to bear the full cost of their actions. As such, the center urges policymakers to eliminate the forgiveness portions of the various relief programs to reduce the potential for over-borrowing by requiring borrowers to...
  • The college trap that keeps people poor

    12/16/2014 6:18:15 AM PST · by SeekAndFind · 59 replies
    Washington Post ^ | 12/16/2014 | Jim Tankersley
    The odds are stacked against low-income Americans seeking the education they need to move up. Chelsey Stone had already escaped so many of the traps that keep poor children in poverty for life. She recalls begging neighbors for dinner when her mother sold their food stamps for drug money. She slept on the trampoline outside when the heroin showed up and her mom locked the door and the binges began. When she rebelled as a teenager, it was with poster board: She plastered her house with bright signs warning, “Do Not Throw Needles Away Here.” Her teachers saw that spark....
  • Tuition Showdown: What is the true cost of a college degree?

    11/20/2014 7:38:45 AM PST · by SeekAndFind · 13 replies
    National Review ^ | 11/20/2014 | Kevin D. Williamson
    As head of the Department of Homeland Security, Janet Napolitano followed the U.S. governments official practice of refusing to negotiate with hostage-takers. As head of the University of California system, she has become the hostage-taker. Napolitano is demanding that the cash-strapped state of California pony up an additional $100 million for the UC system, and she threatens to inflict a 5 percent tuition hike on students for each of the next five years in retaliation if Sacramento does not comply. This puts her on the wrong side of Governor Jerry Brown, who by being eternally fixed in anno Domini 1978...
  • How much would you pay to get your kid in Harvard?

    11/13/2014 7:11:49 AM PST · by SeekAndFind · 24 replies
    CNBC ^ | 11/12/2014 | Barbara Booth
    Two months before 17-year-old Alexa of northern New Jerseya national merit scholar, Girl Scout Gold Award recipient and standout soccer playerplanned to submit her application to Amherst, anxiety set in. Even though she met all the requirements to land her on the college's competitive playing field, she wanted an independent education counselor (IEC) to give the final nod on her application. It didn't matter that her parents, guidance counselor, coach and teachers invested more than 100 hours steering her through the college process. Her parents contacted a pricey New York City college-planning service and, after relating Alexa's long list of...
  • Whos Not Included In Tennessees Free Tuition Program? Undocumented Students

    11/10/2014 8:25:37 AM PST · by Oldeconomybuyer · 20 replies
    NPR - Nashville ^ | November 10, 2014 | by Emily Siner
    Nearly every high school senior applied for Tennessee Promise, but a small percentage of them may not be eligible for free community college tuition. Before getting the state funding, students must apply for federal financial aid which leaves undocumented students behind. Tennessee has about 6,000 high school students who are undocumented, according to the Migration Policy Institute. The governors speech introducing Tennessee Promise may have encouraged that hope: To every student, from every kindergartner to every high school senior, we will promise that he or she can attend two years of community college or college of applied technology absolutely...
  • 'If my kids want to go to college, they'll have to pay themselves'

    10/28/2014 5:03:57 PM PDT · by CorporateStepsister · 124 replies
    Daily Mail ^ | 28 October 2014 | Erin Clements for MailOnline
    A father of eight has sparked controversy by refusing to save money for his childrens college education. Guerilla Parenting author David T. Fagan told the Washington Post that college is 'a lot of wasted time' and if his children want to attend, they will have to pay for it themselves. The 37-year-old marketing entrepreneur, whose family lives in Orange County, California, added to MailOnline: 'The focus is too much on a piece of paper and not enough on self-reliance.'
  • Editorial: We recommend Leticia Van de Putte for lieutenant governor (Wise Latina quota queen)

    10/18/2014 5:25:45 PM PDT · by ObamahatesPACoal · 8 replies
    There are a couple of ways to keep your house warm this winter. You could choose the reliable heater youve known for years. Or you could keep gasoline and matches handy next to a fire pit you dig in the living room. Most of us are going to pick the heater. The other choice seems reckless. Your vote for lieutenant governor isnt so different. Sen. Leticia Van de Putte, a San Antonio Democrat, has been a steady legislative hand for two decades. Her opponent, Republican Sen. Dan Patrick, is potentially explosive, impact unclear. Also on the ballot are Libertarian...
  • UC-backed state loan program will provide aid to undocumented students

    10/14/2014 2:59:29 PM PDT · by Oldeconomybuyer · 7 replies
    UCLA Newsroom ^ | October 14, 2014 | by Katherine Tam
    Undocumented UC students who qualify for in-state tuition but are ineligible for federal assistance soon will be able to borrow up to $4,000 a year to make up the shortfall, thanks to a new law supported by the University of California and state legislators. Giving undocumented students the same access to financial aid as other students can improve their chances of academic success and help them reach their dream of a college degree and a brighter future, said UC President Janet Napolitano. By investing in our students, we are investing in California. Roughly 450 undocumented students at UCLA would be...
  • Landrieu Votes to Advance DREAM Act

    10/04/2014 2:36:51 PM PDT · by ObamahatesPACoal · 20 replies
    Senator Mary Landrieu ^ | December 18, 2010
    United States Senator Mary L. Landrieu, D-La., issued the following statement today after her vote to invoke cloture on the DREAM Act. The cloture motion was defeated by a vote of 55-41. Sen. Landrieu said: "America is a land of enormous opportunity that is strengthened, not weakened, by the immeasurable contributions of people from different backgrounds. There are 2.1 million young people in this country who were brought to America by their parents as children. They are undocumented, yet they know no other home than the United States of America. I believe these young adults deserve a chance to earn...
  • Student Loan Bubble Blowback: Morgan Stanley Warns Average Debtor Can't Get A Mortgage

    10/04/2014 10:48:45 AM PDT · by SeekAndFind · 10 replies
    Zero Hedge ^ | 10/03/2014 | TYLER O'NEIL
    Via Morgan Stanley,Amid rising tuition costs, an increasing share of students rely on debt to fund their education. Student loan delinquent balances have been on the rise since the early 2000s and those with student loans are likely to be less credit worthy than those without (Exhibit 50 & Exhibit 51). As a result, consumption for the student debt-laden population may be depressed. To be sure, the share of consumption driven by college age consumers has been in decline since 2003.These challenges are further compounded under the Qualified Mortgage (QM) regulatory regime that became effective in January 2014. The...
  • Jerry Brown approves loan program for undocumented students

    09/29/2014 4:10:21 PM PDT · by Oldeconomybuyer · 34 replies
    Fresno Bee ^ | September 29, 2014 | Staff
    Gov. Jerry Brown has signed legislation creating a new loan program for undocumented students in Californias public universities. California has already taken several steps to make college more affordable for undocumented students, including extending in-state tuition to undocumented immigrants who graduate from California high schools and making them eligible to apply for Cal Grant scholarships. Brown signed the bill on Sunday without comment.
  • I told Harvard I was an undocumented immigrant. They gave me a full scholarship.

    09/25/2014 7:49:30 PM PDT · by 2ndDivisionVet · 16 replies
    The Washington Post's Post Everything ^ | September 24, 2014 | Dario Guerrero
    When I discovered my status in high school, I was worried I wouldn't be able to attend college at all.After I arrived home from soccer practice, the phone rang. El Camino, my mother said as she handed it to me, referring to a nearby community college. I was taking engineering courses there, offered in conjunction with my high school, but the woman from the registrars office had a problem: The Social Security number I had provided to receive college credit did not match my name, and if I couldnt provide a valid number, Id have to pay almost $2,000 for...
  • Student debt at all-time high of $1.2 trillion

    09/24/2014 2:48:03 PM PDT · by SeekAndFind · 23 replies
    CNBC ^ | 09/24/2014
    U.S. student debt has climbed to an all-time high, despite a decrease in consumer debt for all other major lending categories such as automotive debt, credit card and home equity loans. Behind mortgages, student loans are the second largest debt class. Now at $1.2 trillion, student debt has increased 84 percent since the 2008 Great Recession, based on a study by information services firm Experian. The national average balance of loans stand at $29,400 and 40 million consumers now have at least one student loan, originally reported by NewsOK. Mississippi, Oklahoma and Louisiana had the highest amount of late payments....
  • George P. Bush: In-State Tuition for Illegals 'Nominal Cost' to Taxpayers (Jeb's son)

    09/23/2014 11:03:40 AM PDT · by 2ndDivisionVet · 67 replies
    Breitbart's Big Government ^ | September 22, 2014 | Tony Lee
    George P. Bush, Jeb Bush's son and Republican candidate for Texas land commissioner, said that in-state tuition for illegal immigrants is just a "nominal" cost to taxpayers. Speaking at The Texas Tribune Festival on Friday evening, Bush said that until someone can present a "sensible alternative" to the Texas's version of DREAM Act, he would support the the law that Texas Governor Rick Perry signed in 2001. Bush said in-state tuition for illegal immigrants is just "a nominal cost from an economic perspective" for the state of Texas. Bush also suggested that in-state tuition for illegal immigrants should be indexed....
  • Tons Of College Students Are Now Crowdfunding Their Tuition On The Internet

    09/17/2014 11:04:40 AM PDT · by SeekAndFind · 42 replies
    Business Insider ^ | 09/17/2014
    Courtesy of Cassie WesselyCassie on campus at Vanderbilt.People have turned to crowdfunding sites to raise money for all kinds of projects, from the latest tech gadget to recovery efforts after a tragedy.Now, college students are turning to sites like GoFundMe, Pigit, and Zeroboundto raise funds to cover tuition, living expenses, books, and other school supplies.According to GoFundMe, the number of education-focused campaigns on its site has risen dramatically in recent years.The number of GoFundMe campaigns specifically mentioning "tuition" has risen 4,547% from 2011 to 2014.In 2013, 41,683 GoFundMe campaigns raised a combined $4.63 million toward educational costs.So far in 2014,...
  • Here's How Long It Takes To Recoup The Cost Of A College Degree

    09/02/2014 7:03:05 AM PDT · by SeekAndFind · 24 replies
    Business Insider ^ | 09/02/2014 | Rob Wile
    College starts today for students across the country.With tuition costs surging, we can't help but ask, "What are they thinking?"In a new note, the New York Fed's Jaison R. Abel and Richard Deitz write that, looked at one way, these young people are making a sound investment as it now takes fewer years than ever for graduates to recoup their investment.While you used to have to work nearly 25 years to earn back what you'd fronted for your degree, only about 10 years on average are now required. "Despite the challenges facing todays college graduates, the value of a college...
  • Judicial Watch Files Lawsuit against University of CA to End Tuition Grants for Illegal Aliens

    08/28/2014 11:36:37 AM PDT · by afraidfortherepublic · 8 replies
    Suit charges that both federal and state law prohibit UC system from using tax dollars to provide discounted in-state tuition benefits and financial aid to illegal aliens (Washington, DC) Judicial Watch announced today that on August 26 2014, it filed a lawsuit in the Superior Court for the State of California, Los Angeles County, seeking an end to an estimated annual $19.6 million in non-resident tuition waivers currently being given to illegal alien students by the University of California (UC) Regents (Earl De Vries v. Regents of the University of California (No. 555614)). The suit also seeks an end...
  • College -- Do the Math: How Opportunity Costs Multiply Tuition

    08/25/2014 12:15:58 PM PDT · by SeekAndFind · 13 replies
    Forbes ^ | 08/25/2014 | Chris Bowyer
    [SNIP] Weve spent a lot of time talking about the obvious costs of college: tuition, housing, food, etc. Weve also looked at a few less obvious costs, like interest on student loans. But there are indirect costs, as well: opportunity costs. Opportunity cost is an economic phrase. Simply put, its the cost you incur by doing one thing rather than another. Because our time and money are finite, everything we buy or do prevents us from buying or doing something else. If you take a year off to backpack across Europe, youre not just losing the money you spend on...
  • Rutgers scholarship helps unauthorized immigrants attend college: Editorial

    08/06/2014 10:50:48 AM PDT · by Oldeconomybuyer · 6 replies
    NJ.com ^ | August 6, 2014 | By Star-Ledger Editorial Board
    Giancarlo Tello, a 24-year-old political activist, is bright and articulate with a history of advanced classes and As. But until very recently, college was out of reach for Tello. He came here from Peru when he was 6, and didnt know until his sophomore year of high school that he was in the country illegally, when he found out he couldnt get his drivers permit. Gov. Chris Christie signed a bill in December that was a half-fix for students like Tello, who has a waiver allowing him to remain in the country temporarily. It permitted unauthorized immigrants to pay in-state...
  • Are you losing your state university? Illinois has

    08/04/2014 7:10:06 AM PDT · by SeekAndFind · 33 replies
    American Thinker ^ | 08/01/2014 | By James Longstreet
    The big business of education is forever altering the state university systems around the country. They have become vessels of profit and enrichment for some, and are steadily distancing themselves from the citizenry of the home state. Hiding behind diversity and internationalism, universities have moved to out of state students and ultimately the international student. Left out are the in-state students looking for a reasonable cost of a college education from their own state university. Why does college cost so much? Why does a professor who gave a lecture to a 200 seat hall ten years ago cost so much...
  • Tancredo demands Christie, RGA come clean about helping Beauprez through primary

    08/02/2014 5:51:23 PM PDT · by ObamahatesPACoal · 5 replies
    kdvr.com ^ | Eli Stokols
    DENVER Tom Tancredo isnt trashing Bob Beauprez, but hes demanding one of his biggest benefactors, New Jersey Gov. Chris Christie, come clean about the Republican Governors Associations influence on Colorados GOP gubernatorial primary. On Monday, the Denver Post reported that a campaign finance watchdog group discovered that the RGA, which Christie chairs, funneled money to help Beauprez through the Republican Attorney Generals Association despite its public pledge not to attempt to influence GOP primaries. (SNIP) We already have a situation in Mississippi where grassroots Republicans feel disenfranchised by party elites. We need to avoid a repeat in Colorado. Governor...
  • College Costs Exploding

    07/21/2014 9:21:07 AM PDT · by Academiadotorg · 27 replies
    Accuracy in Academia ^ | July 20, 2014 | Ethan Gaitz
    Any sanguine prognosticators who may have predicted a decline in the average cost of attending college may need to rethink how they arrived at such an off-the mark conclusion. college grad hire me At least 50 American colleges and universities are now charging students more than $60,000 per year. This marks a significant increase from last year when only nine schools exceeded the 60K mark. Whats shocking about this years figures is that the data presented in the story from Business Insider does not reveal the true financial burden of higher education. Other fees not included in the story include...
  • There Are Now 50 Colleges That Charge More Than $60,000 Per Year

    07/10/2014 8:23:56 AM PDT · by SeekAndFind · 25 replies
    Business Insider ^ | 07/10/2014 | Peter Jacobs
    As the average cost of higher education in America continues to rise, at least 50 American colleges and universities are now charging students more than $60,000 per year. We found these numbers by examining the average cost of tuition, fees, room, and board that an incoming student would face over the 2014-15 academic year. Check out a more in-depth breakdown of the 20 most expensive colleges here >>While these direct costs are a significant portion of the total cost of college, they alone do not reveal the true financial burden of higher education — students are also responsible for paying...
  • Kobach strikes back

    Kansas Secretary of State Kris Kobach has fired back at his critics. Kobach announced that his Republican primary opponent, Scott Morgan of Lawrence, had one last day to switch party affiliations from Republican to Democrat before the Aug. 5 primary election, according to a news release.
  • Think college is expensive now? Wait until July 1

    06/26/2014 5:43:45 PM PDT · by SeekAndFind · 5 replies
    CNBC ^ | 06/26/2014 | Sharon Epperson
    Congratulations, graduates, on your diploma. Now what about that $29,000 student loan debt? More than 70 percent of graduates will carry student debt into the real world, according to the Institute for College Access and Success. And the average debt is just shy of $30,000. But the news will get worse next week when interest rates on student loans are set to rise again. Though federal student loan rates are fixed for the life of the loan, these rates reset for new borrowers every July 1, thanks to legislation that ties the rates to the performance of the financial markets....
  • As students face tuition hike, Hillary to collect 225k for UNLV speech

    06/25/2014 6:55:57 AM PDT · by SeekAndFind · 16 replies
    American Thinker ^ | 06/25/2014 | Thomas Lifson
    Hillary Clinton will continue to “work hard” recovering from being “near broke” to stay not “truly well-off” by collecting $225,000 for a speech in Las Vegas at the public university campus there. The University of Nevada, Las Vegas coincidentally has just announced a tuition increase of 4% a year for the next 4 years. David Martosko of the UK Daily Mail reports: Former Secretary of State Hillary Clinton will collect a $225,000 speaking fee from the University of Nevada, Las Vegas in October, it emerged on Tuesday. The massive expense was confirmed just weeks after the university formalized a 4...
  • Student Loan Relief Now: The case for allowing these debts to be erased via bankruptcy.

    06/25/2014 6:45:30 AM PDT · by SeekAndFind · 46 replies
    Weekly Standard ^ | 06/25/2014 | Ike Brannon
    [SNIP] We allow people to declare bankruptcy in acknowledgment that letting people escape from debt they cannot repay is a beneficial policy for both society and the economy. To exempt a particular type of debtfor an activity society should very much like to encouragebelies the very reason for a bankruptcy law in the first place. Lending a student $60,000 to attend a private school he may have little chance of graduating from is not terribly different than the mortgage lenders who gave imprudent loans to people buying homes they could not really afford. [SNIP] If we are concerned that allowing...
  • Debt Capital Diplomas: Many families facing the hefty price of sending their children to college

    06/23/2014 8:40:28 AM PDT · by SeekAndFind · 19 replies
    Townhall ^ | 06/23/2014 | Harry R. Jackson
    With high school graduation season out of the way, countless families are facing the hefty price tag of sending their children to college. Over the past five years, tuition rates for private four-year colleges have risen 14 percent, while rates for public colleges have risen 27 percent. If you look back thirty years, tuition has risen a shocking 1200 percent. There is plenty of speculation about the reasons for these rising costs, which have outpaced inflation for decades. But far more important to millions of parents is how to minimize and manage them. According to the National Center for Education...
  • The Wrong Reform on Student Debt: Obama's so-called "Reform" overlooks the real problem

    06/11/2014 7:38:04 AM PDT · by SeekAndFind · 9 replies
    National Review ^ | 06/11/2014 | The Editors
    There are plenty of problems with American higher education: Its price keeps rising rapidly, some qualified students still dont have access to it, and others end up at institutions for which they are ill suited. President Obama proposed a plan this week to enable existing student-loan borrowers to lower their payments, which addresses none of these concerns. Student debt is a real problem, but the cost of college is a much bigger one, and this is a temporary salve, applied unevenly. A number of federal programs already limit annual payments on recently issued student loans to a certain percentage of...
  • Colleges are full of it: Behind the three-decade scheme to raise tuition...

    06/09/2014 6:33:02 AM PDT · by Loud Mime · 64 replies
    SALON magazine ^ | 6/8/2014 | Thomas Frank
    Tuition is up 1,200 percent in 30 years. Here's why you're unemployed, crushed by debt -- and no one is helping The price of a year at college has increased by more than 1,200 percent over the last 30 years, far outpacing any other price the government tracks: food, housing, cars, gasoline, TVs, you name it. Tuition has increased at a rate double that of medical care, usually considered the most expensive of human necessities. It has outstripped any reasonable expectation people might have had for investments over the period. And, as we all know, it has crushed a generation...
  • Here Are Some Horrific Projections For Anybody Who Expects To Pay For College Some Day

    05/30/2014 12:08:08 PM PDT · by SeekAndFind · 36 replies
    BI ^ | 05/30/2014 | Mamta Badkar
    It's no secret that college tuition and textbook inflation is just out of control.Expensive as it seems now though, the picture is only expected to get scarier, according to a new report from Michael Conrath and his team at JP Morgan Funds.This chart shows that future college costs are expected to inflate 5% per year, taking annual private college costs (for tuition, fees, room and board for a year) from $39,518 today to $90,576 in 2030 (in 2012 dollars). JP Morgan FundsFor you parents, the younger your child is, the more expensive college is likely going to be going forward....
  • The G-String Scholarship: College Students Strip to Pay Tuition Costs

    05/23/2014 12:48:15 PM PDT · by SeekAndFind · 108 replies
    ABC News ^ | 05/20/2014 | By JUJU CHANG and MICHAEL CAPPETTA JUJU CHANG
    Maggie is a straight-laced, straight-A student studying to become an international affairs lawyer, who will graduate debt-free all thanks to the unusual way she pays her tuition. Maggie, 23, a double-major in Spanish and political science, is a student by day and a stripper by night. Every other weekend, Maggie, who asked that her last name not be used, takes the three-hour ride from her college in Maryland to Manhattan, where she performs at a dance club called Scores. I have a class that ends at 5:30, hop on a bus at 6:00, and be at work by 8:30, Maggie...
  • Net Worth Of College Grads With Student Debt Is 20% Less Than High School Grads With No Debt

    05/18/2014 4:10:36 PM PDT · by SeekAndFind · 37 replies
    Zero Hedge ^ | 05/18/2014 | Tyler Durden
    Yesterday we provided a detailed breakdown of the cost aspects of a college education, particularly for young people who have no choice but to fund their education with student debt, a key part of the equation that the San Fran Fed in its particular cost-benefit "analysis" of college education avoided.There is much information in the post, but one particular aspect of the Pew analysis that the article was based on, bears repeating and highlighting for all those less than "1%" young Americans debating whether a college education is worth the tens if not hundreds of thousands of dollars in...
  • What 'Hard Work U' Can Teach Elite Schools

    05/17/2014 10:12:52 AM PDT · by SeekAndFind · 10 replies
    Wall Street Journal ^ | 05/16/2014 | Stephen Moore
    Point Lookout, Mo. Looking for the biggest bargain in higher education? I think I found it in this rural Missouri town, 40 miles south of Springfield, nestled in the foothills of the Ozark Mountains. The school is College of the Ozarks, and it operates on an education model that could overturn the perverse method of financing college education that is turning this generation of young adults into a permanent debtor class. At this college the tuition is nowhere near the $150,000 to $200,000 for a four-year degree that the elite top-tier universities are charging. At College of the Ozarks, tuition...
  • How to Make College Affordable

    05/16/2014 7:25:45 AM PDT · by SeekAndFind · 19 replies
    National Review ^ | 05/16/2014 | Mona Charen
    Theres a debate among economists about why a college degree is worth so much. That the credential is valuable is not in doubt. According to the Pew Research Center, college graduates earn about $17,500 more annually than high school grads. Why? The human capital school believes that students learn valuable skills in college that employers are willing to pay for. The signaling school doubts that the content of a college education is really that marketable. They argue instead that employers are interested in the traits diligence, intelligence, self-control that a degree reflects. For decades, politicians have bought votes...