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University Considers Four-Day Week to Cut Costs

January 28, 2010

by Scholarships.com Staff

Has the week been feeling a little long lately? Can Friday never come soon enough? If you're at the University of Montana, you could be in luck. In response to continued economic troubles and predicted shortfalls in state and federal revenue, the university's president announced this week that the school could benefit from a four-day work week that would reduce operating costs and address their budget woes.

The measure would make faculty and students' days longer, and professors would still make the same salaries. Faculty and staff had mixed feelings about the idea - Does this mean more cutbacks in the future? Are jobs on the line here? - but students have found few negatives to bring up. It'd mean every weekend was a three-day weekend, and for the green among them, a reduced carbon footprint since there would be fewer commuters on that day off and less energy expended to run the school. Others think it could allow them to pick up more hours at on-campus and off-campus jobs to help cover those college costs. Students who have expressed concerns worry that this may mean it takes them longer to graduate. Programs with rigorous curriculums, like law and pharmacy, may have trouble fitting in all of their required instruction into a shortened week.

According to the Western Montana newspaper "The Missoulian," the change would involve the following: The University would be open Tuesday-Friday, to account for the many activities that happen on Fridays. Classes would run at 90 minutes, which already happens campus-wide on Tuesdays and Thursdays. More classes would be offered early in the morning and late in the evenings, meaning more 8 a.m. classes for students. Faculty and staff would work 10-hour days. Administrators think the change would save the college about $450,000 each year, or about 15 percent of the university's overall budget to heat and light buildings. The earliest a shortened week would take effect is July 2010.

Some community colleges already operate in a similar fashion. The unusual thing here is that the University of Montana is a research institution, where arguably more time on campus is needed by those who are there for the school's research capabilities. Administrators say they have a few things to iron out before discussing the idea further, including whether the school's library and University Center would remain open on Mondays.

What do you think? What are your pros and cons of a short week? Should other schools consider it to save some money or recoup some funding for their budgets? Let us know what you think.

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University of California Plans to Use Wait List for Incoming Freshmen

February 1, 2010

by Scholarships.com Staff

The University of California is planning to place some incoming freshmen on wait lists for the 2010 academic year to address uncertainties in the state's higher education budget. This would be the first time in history that the university system is considering a wait list, and more than 1,000 students may be affected by the change.

According to an article in The Daily Californian, the wait list would allow the school to be flexible in the number of students it enrolls for the upcoming school year. Enrollment numbers may change depending on state funding available; the decision to increase enrollments is dependent on the more than $51 million in Gov. Arnold Schwarzenegger's proposed budget. That $51 million would fund 5,121 out of around 14,000 currently unfunded enrollments. Last month, Schwarzenegger proposed restoring $370 million to the university in his budget, and also proposed a a constitutional amendment that would earmark at least 10 percent of the state's general fund to higher education.

Wait lists are typically more common at private institutions where enrollment numbers are much lower and the unpredictability of students' decisions about whether to enroll in those private schools is much higher. An interview with Nina Robinson, the university’s director of student policy and external affairs, in the New York Times last week, looked at the unstable environment at schools across the state of California, and what a wait list could mean for students looking to attend colleges there.

Robinson said the wait lists would help the school hit their enrollment numbers without over-enrolling students, which has contributed to budget shortfalls. "It’s one thing to over-enroll 100 students if you’re going to get the funding for them anyway, but now if you’re adding 100 students and you‘re already over enrolled 1,000 students, that’s a serious problem," she said in the interview. Robinson also suggested a wait list may lead applicants to think space at the University of California is more scarce, allowing them to plan accordingly and apply to more "Plan B" schools.

Whether this would be a temporary change or a more permanent one is difficult to tell. California's financial woes go far deeper than over-enrollment at the University of California, and the lack of state support up to this point has made it difficult for the university system to avoid fee increases - the state's Board of Regents approved a fee increase that would raise costs by at least $2,500, or 32 percent - and turning away transfer students. Whether those students placed on a wait list face a good chance to eventually gain admission to the school is also difficult to tell, and largely dependent on the state's budget, something administrators won't know until well into the fall semester. Typically, a student’s odds of getting admitted off a wait list is about 1 in 3. If you're concerned about your chances, or if you intend to attend the University of California, it may not be a bad idea to expand that college search.

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Food Banks Open Doors to College Students

February 9, 2010

by Scholarships.com Staff

Several colleges across the country have opened food banks to assist students struggling to make ends meet at a time when tuition costs continue to rise and schools look to find ways to recoup budget losses over the last academic year.

Michigan State University, where students have dealt with the loss of the Michigan promise scholarship, has seen a 25 percent increase since 2008 in the number of students who visit its student-run food bank. Grand Valley State University opened a food pantry in April to help students cope with higher tuition costs. An article in the Detroit Free Press over the weekend describes the situations students have found themselves in. Some have parents who have been laid off and can no longer contribute to college educations, some have children and families of their own that they have had trouble supporting, some have lost part-time jobs that covered the costs of food, and others just need some help in between paychecks as they work campus jobs when they're not attending class.

Michigan State's Olin Health Center, where the food bank operates biweekly, and the Grand Valley State pantry, which has helped more than 200 students since it opened. Both are able to run through regular donations of cash and food.

Food banks across the country have seen an increase in visitors, both student and not, in tough economic times. Nearly one in 10 Massachusetts residents visited a food bank in 2009; one in eight people in both Fort Worth, Texas, and Greensboro, North Carolina visited a food bank last year. College campuses have responded with other types of emergency financial assistance, as well. The University of Michigan has been offering emergency grants to students who need help paying for the costs of food or medication, or an unexpected move. Students can apply online and receive $500 by the next morning, according to the Free Press article. Western Michigan University offers short-term emergency loans to help with living expenses.

If you're having trouble covering costs, despite living frugally and within your means, there is help out there. Whether you look to your local community or explore options through your financial aid office, consider every option.

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Can't Find a Job? Get Your Money Back

February 12, 2010

by Scholarships.com Staff

Remember that Monroe College student who sued her alma mater when she failed to find a job? Lansing Community College plans to introduce a new program next month that would provide training in high-demand fields and a guarantee of employment upon completion, or your money back. (The Monroe College student, Trina Thompson, sued for the full cost of her tuition, or about $70,000.)

The Michigan community college announced the plan at a State of the College speech yesterday morning. An article in the Lansing State Journal included an interview with the school's president, Brent Knight. "Why spend money, take time to learn when you may not get a job?" Knight said in the interview. The program will be called "Get a Skill, Get a Job or Your Money Back."

The program will be offered only to those pursuing short-term, non-credit training programs for high-demand occupations, according to the Lansing State Journal. Those include programs targeting pharmacy technicians, customer service call center workers, certified quality inspectors, and home technology integration technicians. (You didn't think this was a blanket guarantee, did you?) Students interested in the program will be asked to sign contracts where they agree to attend all of their classes, complete all assigned work, and participate in a job preparedness workshop. The students will also need to make "good-faith efforts" to find a job once they complete their programs. The college plans to begin offering the program this May.

As the economy has only just begun to rebound and students' job outlooks continue to suffer, colleges have been getting creative to address not only declining enrollment numbers, but an increase in applicants. Most community colleges have actually seen a growing number of returning adults coming onto their campuses, and are in need of more funding to accommodate all of those students. Nationwide, full-time enrollment at community colleges is up 24.1 percent since 2007, with overall community college enrollment increasing 16.9 percent over the same period.

These growing enrollments have also caused some problems on the four-year college level. Last fall, Ithaca College offered 31 students $10,000 each to defer their enrollment for one year after they ended up with an incoming class that was 20 percent larger than expected. The University of California plans to use a waiting list for incoming freshmen if it does not receive the necessary funding that would fund 5,121 out of around 14,000 currently unfunded enrollments. This would be the first time in history that the university system is considering a wait list, and more than 1,000 students may be affected by the change.

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Middlebury College Plans to Place Ceiling on Tuition Hikes

February 16, 2010

by Scholarships.com Staff

The president of Middlebury College has introduced a plan that would cap the school's annual comprehensive cost increases at 1 percentage point above inflation, a proposal that would slow increases that have been running well above and independent of changes in the Consumer Price Index. The school's board is expected to approve the proposal prior to planning its budgets for the next year.

According to an article in Inside Higher Ed today, the decision to come up with a proposal for a tuition increase cap came when administrators started talking a hard look at the ever-growing cost of a liberal arts degree. At Middlebury, the "comprehensive fee" of an education there - tuition, room and board - has reached past the $50,000 per year mark. And despite a record number of students applying to the school, administrators felt they should be forward-thinking rather than taking advantage of the current windfall of applicants. Those numbers won't keep up forever, after all. In a speech at the college on Friday, the school's president, Ronald D. Liebowitz, said there would eventually "be a price point at which even the most affluent of families will question their investment; the sooner we are able to reduce our fee increases the better."

A number of schools have tried to impose tuition freezes in the past, only to revert back to their old ways when budgets tightened. Princeton University tried in 2007; Williams College tried in 2000. Middlebury administrators, however, hope their cap is sustainable for the long term. Middlebury's increase for the current 2009-10 year was 3.2 percent, 3 points above inflation. The average annual increase for private, four-year colleges is 4.4 percent, according to the College Board. Critics of the proposal worry that cuts will come from elsewhere to make up the funds lost by the cap; the school loses about $900,000 for each percentage point increase it doesn't make. In the Inside Higher Ed article, Liebowitz said he saw revenue potential in the school's unique programming, and that the move could make the college even more desirable to applicants also applying to private colleges who are not considering tuition increase caps.

In 2008, only five colleges charged $50,000 a year or more for tuition, fees, room, and board. In 2009, 58 did, making $50,000 the new norm. Still, it could be worse. Tuition and fees increased by an average of 4.3 percent at private colleges and universities nationwide for the 2009-2010 academic year, according to data from the National Association of Independent Colleges and Universities. Those figures, although much higher than the rate of inflation, were still lower than previous averages. In fact, those tuition increases were the lowest they have been in 37 years, despite the struggling economy. On average, schools also allocated 9 percent more to college scholarships and grants for 2009-2010 than the previous academic year.

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Study Analyzes the Most Educated—and Unemployed—Generation

February 24, 2010

by Scholarships.com Staff

The country's Millennials, the 50 million or so teens and 20-somethings who are entering adulthood around the start of the new millennium, are on track to become the most educated group of individuals the country has ever seen. But they're also entering adulthood to face the largest number of unemployed and out of work people in more than 30 years.

A study released today by the Pew Research Center included new data that surveyed 2,020 adults, including 830 Millennials, to determine how future generations will look and to nail down the "Millennial Identity." The study also drew on more than two decades of Pew Research Center surveys, and was supplemented by an analysis of Census Bureau data and other relevant studies. Among the findings, a record 39.6 of Millennials were enrolled in college as of 2008.

Although the recession has greatly affected their chances of landing jobs post-graduation (22 percent of businesses report they will hire fewer college graduates than in previous years), the group remains confident and upbeat about both their chances on the job market and the economy. About nine-in-10 either say that they currently have enough money or that they will eventually meet their long-term financial goals, despite the 37 percent of Millennials who reported they were unemployed, the largest number among this age group in more than three decades.

Among other findings: 

     
  • About one-in-six aged 22 and older admitted to returning to a parent's home because of the recession.
  •  
  • Nearly six-in-10 said that work ethic was one of the big differences between young and old workers; about three-fourths said that older people had the more impressive work ethic.
  •  
  • Nearly one-in-four have a piercing in some place other than an earlobe, and nearly four-in-10 have a tattoo. (Of those who are tattooed, half have two to five and 18 percent have six or more.)
  •  
  • More than eight-in-10 say they sleep with a cell phone near the bed, and nearly two-thirds admitted to texting while driving.
  •  
  • Three-quarters have created a profile on a social networking site like Facebook or Twitter, and one-in-five have posted a video of themselves online.
  •  
  • Two-thirds agreed that "you can't be too careful" when dealing with people, but place more trust in the federal government than previous generations.
  •  
  • One-in-four are not affiliated with any particular religion, but responded that they pray about as often as previous generations.
  •  
 The study also found that about 74 percent of all respondents, young and old, agreed that there was a generation gap. Most of this was related to technology use, although some was related to the state of the nation. About 41 percent of Millennials say they are satisfied with the way things are going in the country. About 26 percent of those 30 and older said the same, suggesting that the recent troubles with the economy have affected the older more than the young.

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College Experience Becoming Family Affair

March 9, 2010

by Scholarships.com Staff

As the number of returning and adult students continues to grow in an economy where advanced skills are necessary to not only land a good job but keep that job, it was only a matter of time when we'd start seeing more students in school at the same time as their parents.

We've already written about growing community college enrollment. The numbers speak for themselves—nationwide, full-time enrollment at community colleges is up 24.1 percent since 2007, with overall community college enrollment increasing 16.9 percent over the same period, according to the American Association of Community Colleges. Many of those enrolled are returning adult students who want to amp up their skill sets or start on a path toward a new career, perhaps due to a recent layoff or desire to go into a more desirable field. Community colleges have also always been an affordable option for traditional students either looking for a two-year start before transferring to a four-year university, or a two-year associate's program that will get them out onto the market faster. It's only natural then that there would be some overlap, with students and their parents taking courses at the same time.

In Illinois, college students who are 40 and older make up about 23 percent of the community college populations. A recent article in the Chicago Tribune looks at mothers and daughters taking community college courses together, such as Diana Gudowski, a 52-year-old attending Prairie State College in Chicago Heights with her 19-year-old daughter Marissa. The two found themselves on the same campus when the family decided collectively that they could not afford Marissa's first choice, the $30,000 per year St. Mary-of-the-Woods College. Marissa plans to complete her prerequisites at the community college and then transfer to Northern Illinois University. Meanwhile, her mother is taking classes toward a bachelor's of fine arts in photography; she already has an associate's from Prairie State in photographic studies. Although their courses don't overlap, their schedules do—the two carpool to campus, as the family shares one car.

"When I got out of high school, I thought ‘Cool. … Now I can take my first class at noon.' But four out of five days, my Mom starts at 8 a.m.," Marissa said in the article.

The article's focus is on mothers and daughters because the female population has been hit harder by the struggling economy. Despite some upturns, there are still more than 15 million people out of work across the country, and many of those are older women with limited educations, according to the Tribune. Are you (or your parents) interested in the community college option? Try our free college search or look through our library of resources for more information.

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Survey Shows College Students Agree with Young Adults on Economy

March 11, 2010

by Scholarships.com Staff

A recent survey shows that college students are in line with young adults when it comes to the economy and President Obama's handling of the economic situation in recent months—they're all worried.

The report, titled "Survey of Young Americans' Attitudes Toward Politics and Public Service: 17th Edition," was an online survey conducted by Knowledge Networks for Harvard University's Institute of Politics. It joins similar surveys on college and the economy that look to determine where college students stand in terms of their own economic outlooks. Between Jan. 28 and Feb. 22, more than 3,000 adults ages 18 to 29, including college students, were asked to comment on whether they were concern about the economic crisis, politics, and their ideologies, among other topics. Despite recent upswings in the economy and the federal government's general positive outlook on how the economic landscape will improve by year's end, the survey showed that college students and young adults aren't as optimistic.

According to the survey:

  • About 60 percent of respondents overall are concerned about meeting their current bills and obligations.
  • About 45 percent of respondents overall report that their personal financial situation is bad.
  • About 45 percent of college students are concerned about their ability to stay in college given the state of the economy.
  • About 41 percent of young Republicans are planning on voting in the next midterm elections, compared to 35 percent of Democrats and 13 percent of Independents.
  • About 58 percent of young adults are worried about affording a place to live; about 56 percent are worried about affording health care.
  • About 46 percent of those in the workforce are concerned about losing their job; that same number are concerned about being able to live in the city or town they want to.
  • Less than half of overall respondents feel that they will be able to live the "American Dream."

A recent article in The Chronicle of Higher Education looked at other intricacies of the survey, and compared the two age groups. While college students and young adults mostly agreed about the economy, college students were generally more concerned about climate change, foreign policy decisions, and the idea that community service is an honorable thing to do. College students were also less likely to get involved in politics and participating in voting activities if they were not well-versed on candidates and issues than young adults, and agreed more strongly that basic necessities, such as food and shelter, are a right that government should provide to those unable to afford them.

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Colleges Consider "Prior Learning" When Awarding Credit

March 18, 2010

by Scholarships.com Staff

As the number of returning adult students continues to grow and the "traditional" student population has only become more diverse to include those with backgrounds and life experience in varying fields of study, some schools are looking at rewarding those new students with credit hours for "prior learning," rather than prompting them to start over as most freshmen do.

A recent article in The Chronicle of Higher Education explores schools that consider academic achievements alongside individual accomplishments before students step onto campus, and look at their volunteerism, years in the military, or on-the-job training, among other life experiences. Formal assessments of those experiences are then used to evaluate incoming students as a way to award them credit hours, often as a replacement of general education coursework.

At Valdosta State University, professors conduct assessments of students' experiences by having them demonstrate what they already know about a certain field. The Chronicle describes a biology professor who awards credit to students who may have a background in science from volunteering to clean up local streams, for example, or lab experience. The school has been conducting such assessments for about a year and a half; the program started when the school decided to begin training students who had come from non-traditional backgrounds to become teachers.

At Empire State College, which is part of the State University of New York, students are able to write their own degree plans. Faculty committees and administrative offices review portfolios students craft based on their work experience in a particular field, for example, and determine how many credits students should receive based on that information. The school's administrators say having the students reflect on what they've learned before going to college helps them realize their potential and make obvious the kinds of skills they may have, as they are forced to put those talents on paper. At Inver Hills Community College, students are asked to complete two courses at the school before attempting a portfolio, which not only involves writing about their past experiences, but being able to discuss them.

Other schools conduct more standardized tests and formal assessments for students to demonstrate prior learning skills, such as the American Council on Education's evaluations of work and military training or the College Level Examination Program tests. According to the Chronicle and Stamats, a higher-education marketing company, the availability of credit for life experience is the top thing adults look for when selecting a school in their college search. About half of all schools have some kind of prior learning assessment available to students, according to the Council for Adult & Experiential Learning, so if you're a returning adult student, consider that the work you've already done could save you some time—and money—as you take on that college experience.

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Not Rejected, Not Accepted: Tips for Handling the Waiting List

April 6, 2010

by Scholarships.com Staff

While many students marked April 1 as the day they found out whether they were accepted or rejected to their first-choice colleges, many others were given a different response - placement to the waiting list. High school seniors are then faced with a tough decision. Should you take a risk and bank on placement at a school you're wait-listed at, even if you miss notification deadlines at schools you've been admitted to? Or should you cut your losses and inform the schools you've been wait-listed at that you'll be going elsewhere?

The waiting list generally benefits the colleges. The schools' administrators are able to wait until their own first-choice students make decisions on where they intend to attend, moving to those on the waiting list typically by May 1, once students' deadlines to notify the school of their choice have passed. The schools may also use the waiting list to fill gaps in their student population, according to The New York Times, offering eventual admittance to a student with a particular musical or athletic talent that the school had hoped to enroll in their first-choice pool.

Knowing this, it may seem like a risky endeavor to bet on a school choosing you out of the hundreds of other students on waiting lists. Still, many do choose to stay, especially at the most prestigious, private schools. At Yale University, for example, about two-thirds of students remain on the waiting list. (More than 900 were wait-listed at Yale this year.) Of those offered eventual admittance to Yale, a majority do choose to enroll there.

So what should you do? It really depends. Here are a few tips: 

     
  • If you know you won't be attending a school you're wait-listed at, notify them of your intentions right away. There's someone out there who does want that spot, and you may be keeping them from being placed at their top-choice school.
  •  
  • If you know you're sincerely interested in the school you're wait-listed at, let the school know that. Notify them immediately that you intend to wait for their decision, and send admissions staff a personal letter on why you want to go to that school. If they're your top choice, tell them. If you know any alumni from the school, ask them to write a letter on your behalf. This is the stage of the game where admissions officials are looking at every piece of information coming in on an applicant.
  •  
  • Ask for an interview. You wouldn't be wait-listed if you didn't have the academic credentials to attend their school, so the admissions office will now be looking at other factors - extracurricular activities, outside interests, and whether your personality is a good fit for their campus.
  •  
 While waiting lists are more common at private institutions where enrollment numbers are much lower and the unpredictability of students’ decisions about whether to enroll in those private schools is much higher, some schools have used the list as more of a strategy to deal with uncertainties in state budgets or over-enrollment. California's public university system is using waiting lists to deal with a record number of applicants this year and a state budget shortfall that has made it impossible for the school system to accept as many students as it had been admitting in year prior. This is the first time the state universities have used waiting lists, and students have until April 15 to remove their names from the lists or continue waiting until around the first week in June. Any new admittances will be determined by the outcome of the state's 2010-2011 budget negotiations.

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