More tough news for parents of current or soon-to-be college students: even with the economic downturn, college tuition and fees are still going up and up. The results of the latest College Board survey are in, and it could mean added financial stress for many families.
Cost Up, Aid Down
I’ll break the bad news first (don’t [...]
The financial aid system is constantly going through changes, but even the overcomplicated Free Application for Federal Student Aid (FAFSA) never seems to give schools a perfect picture of how much aid a family really needs.
Since he took office in Fall, President Obama’s administration has been working on some of the larger problems in higher [...]
Budget cuts are the name of the game for most states this year, but some of them are coping with their multi-billion dollar shortfalls by shifting funds away from student financial aid.
Taking from the Poor
Budget plans from New Jersey to California are focusing on funneling financial aid reserves back into the general budget–reducing and sometimes [...]
In a time when student aid is more crucial to higher education than it has been in decades, the Obama administration is making some big changes in the Education Department.
New Blood
One of the latest changes is the addition of student aid expert Robert Shireman to the Education Department team. Recently appointed as the deputy secretary [...]
President Obama’s new $825 billion economic stimulus plan is set to go to the House next week for consideration, and it could be a great boon to struggling students.
In addition the funding that would be sent to state governments and national foundations for health and science, billions of dollars would be allocated to help higher [...]
It seems like every day brings unhappy news about the recession–but happily, today is not one of those days for college-bound students! That’s because colleges across the country want to help cash-strapped families by bringing them some good news.
Helping Hands, Far and Wide
With even the admissions process being affected by the recession, college officials are [...]
There are so many reasons why every family should file the Free Application for Federal Student Aid (commonly called the FAFSA), but most families find it very intimidating. That’s why this year I’ve put together this list of five things you need to know about filing the FAFSA!
1. Where to File:
The FAFSA is available online [...]
Having trouble meeting college costs without taking on debt? Why not get a sponsor? A new website called GradeFund is attempting to help students do just that. Students sign up to get funded by family, friends, and even corporate sponsors based on the grades they earn. How it Works Started by brothers Michael [...]
With the presidential race finally over and President-Elect Barack Obama preparing to take office in January, it seems a good time for us to begin discussing his plans for our higher education system.
Problems and Solutions
The President-Elect’s platform described what he sees as the most important troubles of our current higher education system:
Rising college costs [...]
With the “baby boom” generation’s children graduating high school in record numbers (3.2 million last year alone!) it is no surprise that college applications have increased proportionally.
This year college admissions offices have reported a deluge of applications-Princeton’s were up by 6%, Rice by 11%, Harvard’s by 19%, and Vanderbilt’s by a staggering 30%!
Waiting and Wait-Listing
While [...]
