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Oct
10

College Finances

Estimating the Cost of College

posted from nytimes.com

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Although grants, scholarships and loans can significantly lower the costs of college, prices have increased faster than the rate of inflation. Use this tool to estimate the future cost of college.

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Sep
5

College Finances

Why College Costs Rise, Even in a Recession

posted from nytimes.com

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If you have paid a college tuition bill recently, perhaps the sticker shock has abated and your children have been good enough to friend you on Facebook so you can see what they are doing on your dime.

What probably still lingers, however, is the desire to ask some pointed questions of the people who are doing the educating. Where does all that money go? And why can’t the price tag fall for a change?

Earlier this year, the National Association of Independent Colleges and Universities announced with some pride that the average increase in tuition and fees at private institutions this school year would be the smallest in 37 years — 4.3 percent, just a little higher than inflation.

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Aug
16

College Finances

A Hand Up for Students Facing a Mountain of Debt

posted from nytimes.com

The biggest problem for consumers of American higher education is that many of them must take on a mountain of debt to get the degree they want. That intimidating quandary has inspired some unique, though often unsuccessful, attempts to make student loans more affordable over the years.

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Now comes the latest innovator, SafeStart, just in time for back-to-school season. It aims to reduce the fear of debt that might keep, say, middle-class 18-year-olds from borrowing for school in the first place. SafeStart, owned by a company called BridgeSpan Financial, charges $40 to $70 for every $1,000 a student borrows.jameshallison casino In exchange, it promises to lend customers money interest-free later on to pay back some of those loans. You get the money only if you’re having trouble paying back your loans in your first years in the workplace because your income is too low.

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Aug
12

College Finances

Study Shows Rise in Average Borrowing by Students

posted from nytimes.com

Although about a third of the students who earned bachelor’s degrees in 2007-8 graduated with no debt, nearly the same as four years earlier, the average amount students borrow has increased, according to a casinon som har mobil casinon dar man kan spela for latsaspengar.com/profdownload/cb-policy-brief-college-stu-borrowing-aug-2009.pdf”>policy brief released Tuesday by the College Board.

“People think students are drowning in debt, and there is a small proportion of students that borrow an exorbitant amount, but most students graduate with a manageable debt load,” said Sandy Baum, an author of the brief.

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Mar
30

College Finances

Paying in Full as the Ticket Into Colleges

posted from nytimes.com

In the bid for a fat envelope this year, it may help, more than usual, to have a fat wallet.

Facing fallen endowments and needier students, many colleges are looking more favorably on wealthier applicants as they make their admissions decisions this year.casino online

Institutions that have pledged to admit students regardless of need are finding ways to increase the number of those who pay the full cost in ways that allow the colleges to maintain the claim of being need-blind — taking more students from the transfer or waiting lists, for instance, or admitting more foreign students who pay full tuition.

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