News Articles About College Costs

Early reports suggest that summer enrollment is up at colleges across the country, likely due at least in part to the recession.  Since summer jobs are harder to find and some summer internships have also been taken off the table, more students are looking to summer classes as a way to stay productive between spring and fall semesters.  Dwindling college funds and other economic difficulties may also be pushing students to try to finish college as quickly and cheaply as possible.  Most state colleges and community colleges offer summer classes, as well as many private schools.

More College Students Taking Summer Classes

June 12, 2009
by Scholarships.com Staff
Early reports suggest that summer enrollment is up at colleges across the country, likely due at least in part to the recession.  Since summer jobs are harder to find and some summer internships have
A large part of attending college is gaining exposure to new ideas outside your area of study and acquiring a broad base of knowledge and critical thinking skills along the way.  Traditionally, colleges have pushed students towards this goal through the use of general education requirements, which are rarely met with uniform enthusiasm.  English majors may dread the mandatory laboratory science class, while future engineers may fail to see the point in spending two semesters learning MLA citation style and how to write an argumentative essay.  Other students complain that general education requirements leave their college experience feeling disjointed and not directly connected to their working life. While they may eventually have the chance to draw on knowledge, experiences, or methods of inquiry from all of their classes, many students fail to see how when staring a list of required introductory courses in the face.

Colleges Rethinking General Ed Requirements

May 19, 2009
by Scholarships.com Staff
A large part of attending college is gaining exposure to new ideas outside your area of study and acquiring a broad base of knowledge and critical thinking skills along the way.  Traditionally,
Student loans and credit cards make up the two most dangerous, and often difficult to avoid, debt traps for college students.  While some amount of borrowing for college can make life easier for students, too much debt can make life nearly impossible for graduates.  The same goes for credit cards.  Having a card is great for emergencies and your credit rating, but running up a large balance while in college can really hurt, especially for students who were approved during days of easy credit and are now seeing rates soar and credit limits plummet.

Congress Working on Credit Card Legislation

April 30, 2009
by Scholarships.com Staff
Student loans and credit cards make up the two most dangerous, and often difficult to avoid, debt traps for college students.  While some amount of borrowing for college can make life easier for
Student loan default rates are rising for both federal and private loans as more recent grads struggle to find work.  The Wall Street Journal reports that the federal default rate is nearing 6.9 percent, the highest it's been since 1998.  Similarly, some private lenders are experiencing default rates that have already nearly doubled in just a year or two.

Student Loan Default Rates on the Rise

April 24, 2009
by Scholarships.com Staff
Student loan default rates are rising for both federal and private loans as more recent grads struggle to find work.  The Wall Street Journal reports that the federal default rate is nearing 6.9
There was an interesting article in The New York Times today offering a rare behind-the-scenes look at a university financial aid office.  If you're still baffled by your financial aid award letter, or you just are curious to find out how it was created, this article is a good read.  While it focuses on Boston University, an elite and expensive private college, many of the processes discussed carry over to other schools, both public and private.

A Look Inside a Financial Aid Office

April 17, 2009
by Scholarships.com Staff
There was an interesting article in The New York Times today offering a rare behind-the-scenes look at a university financial aid office.  If you're still baffled by your financial aid award letter,
While an increasing number of college students received financial aid in the 2007-2008 academic year, that calendar year students also ran up more credit card debt.  The average college student owed $3,173 on credit cards in March 2008, compared to $2,169 in 2004.  This information comes from the student lender Sallie Mae, which has been tracking students' credit card debt since 1998.

College Students' Credit Card Debt Increasing

April 16, 2009
by Scholarships.com Staff
While an increasing number of college students received financial aid in the 2007-2008 academic year, that calendar year students also ran up more credit card debt.  The average college student owed
As college costs continue to rise, the percentage of students receiving financial aid also continues to grow.  As of the 2007-2008 academic year, a full two-thirds of undergraduate students received some form of student financial aid, with 47 percent receiving federal aid. This is according to the First Look report on the National Postsecondary Student Aid Study published by the National Center for Education Statistics yesterday.

More Students Receiving Financial Aid

April 15, 2009
by Scholarships.com Staff
As college costs continue to rise, the percentage of students receiving financial aid also continues to grow.  As of the 2007-2008 academic year, a full two-thirds of undergraduate students received
Today we move on to the final part of our Understanding Your Financial Aid Award Letter series.  If you were lucky enough to have your entire tuition paid through free money for college, then you can stop reading now.  But the vast majority of students who apply for aid will be awarded at least one less ideal form of financial aid.  Sorting through the rest of your award letter is the tough part--this is where difficult choices may need to be made, including whether and how much to borrow.

Understanding Your Financial Aid Award Letter III

April 14, 2009
by Scholarships.com Staff
Today we move on to the final part of our Understanding Your Financial Aid Award Letter series.  If you were lucky enough to have your entire tuition paid through free money for college, then you can
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