Purdue University is midway through a (so far) three-year tuition freeze. In the 2015-2016 school year, in-state students will pay $10,000 and out-of-staters $28,794. How'd they do it? Adding higher-deductible health care plans that save the school money and make employees more cost-conscious. … [Read more...] about How Purdue University is Serving Students by Cutting Costs
Thriving at College
Why not massively lower interest rates on students loans?
Over one million students graduate college each year with student debt. And the debt loads at graduation keep rising (to say nothing of the debt loads of the usually less employable college drop-outs). Naturally, politicians of all stripes are proposing policy solutions. For example, the following has been proposed by 2016 Ohio candidate for the U.S. Senate, Democrat P.G. Sittenfeld: Reduce interest rates to 2 percent for all recipients of subsidized federal loans who graduated with a four-year college degree since 2009. Reduce interest rates to 3 percent for other federal loan … [Read more...] about Why not massively lower interest rates on students loans?
How Do Americans Pay For College?
The latest national study on how Americans pay for college is out from Sallie Mae and Ipsos. The 2014 breakdown: Student borrowing and parent borrowing were at 18% and 9%, respectively, in 2013--so that's a pretty big decline in borrowing. Other key findings: … [Read more...] about How Do Americans Pay For College?
Mark Kantrowitz on The Value of College, Student Loans, and More
Mark Kantrowitz is the publisher of Edvisors.com and the co-author of Filing the FAFSA. He was kind enough to answer a few questions for us on the cost and value of college, students loans, and other related issues. Readers may recall that I've previously interviewed Anya Kamenetz, David Wilezol, and Robert Archibald. Consider this another installment in the series. Could you tell us about the work of edvisors.com, and your role? Edvisors.com is a comprehensive, up-to-date web site about planning and paying for college. It launched in June with coverage of more than 400 topics, including … [Read more...] about Mark Kantrowitz on The Value of College, Student Loans, and More
Are College Students Borrowing Blindly?
A new report from the Brown Center on Education Policy at Brookings finds that "about half of all first-year students...seriously underestimate how much student debt they have, and less than one-third provide an accurate estimate within a reasonable margin of error." … [Read more...] about Are College Students Borrowing Blindly?
College Debt & College Earnings in One Graph
Painful, but this says it all: Though you can read more. … [Read more...] about College Debt & College Earnings in One Graph