A college education represents a major investment of time and money – a powerful investment in your future. The basic costs every student faces can be broken into two categories: direct and indirect costs. Direct costs are comprised of your tuition, student fees and books.… Continue reading
Anger about the cost of college extends from the preppiest of parents to the grungiest of Occupiers. Mr Obama is trying to channel the anger, to avoid being sideswiped by it. The White House invitation complained that costs have trebled in the past three decades.… Continue reading
Students are borrowing more money to pay for college than ever before. New data show that students who graduated in 2010 carried 5 percent more debt than in the previous year. And education debt is expect to grow in the coming years, as students struggle to pay higher tuition costs.… Continue reading
Although more Americans are getting help from scholarships and tax breaks, the net cost of college is eating up a higher share of the typical family’s income in 2011, according to a report released Wednesday.
The sticker price of studying and living on campus at the average public university rose 5.4% for in-state students, or about $1,100, to $21,447 this fall, the College Board estimated.… Continue reading
Peter Bach, of the Memorial Sloan—Kettering Cancer Center, and Robert Kocher, of the Brookings Institution, argue that medical school should be free. In a May 2011 New York Times op-ed, the two doctors said M.D. programs could be free if they suspended stipends for students in specialty training programs.… Continue reading
Texas Tech University junior Daniel Vitiello is pulling in more than $25,000 per month off other people’s pain in the tech. Vitiello, a self-described “household handyman,” founded an iPhone repair business in July 2010 after a friend dropped her device and begged him to fix it.… Continue reading
Paying for college is rarely easy. Ideally, it’s a longterm process of building and using a collection of savings, institutional aid, free money, and—if necessary—loans.
But with so many avenues for financing your education, it’s often difficult to sort out what might work best for you, given your situation and time frame.… Continue reading
Is there anything you can do as a parent if you want to help your children graduate from college without a huge debt burden? Yes—with a bit of planning.
One option is a 529 plan (named for Section 529 of the Internal Revenue Code that authorized them) which provides tax benefits in order to encourage saving for future college costs.… Continue reading
Yes, it’s true that scholarships labeled “prestigious” usually have lengthy applications, require special projects, and are certainly more competitive than most. But if you’re eligible for one of these scholarships, it definitely can’t hurt to apply.
After all, someone has to win.… Continue reading