News Articles About College And The Economy

Earlier this week, the National Association of Independent Colleges and Universities released information on tuition increases at private colleges and universities for the 2009-2010 academic year. While tuition is increasing on average, the good news is that the tuition increase is the lowest in 37 years.

Tuition Increases 4.3 Percent at Private Colleges

July 2, 2009
by Scholarships.com Staff
Earlier this week, the National Association of Independent Colleges and Universities released information on tuition increases at private colleges and universities for the 2009-2010 academic
With President Obama's proposal to end the bank-based Federal Family Education Loan Program, there has been much speculation on what role would be left for banks in student loans, as well as which banks would be allowed to play that role.  An announcement made yesterday by the Department of Education indicates that at least four banks will remain involved in federal student loans for the forseeable future.

Department of Education Names New Student Loan Servicers

June 18, 2009
by Scholarships.com Staff
With President Obama's proposal to end the bank-based Federal Family Education Loan Program, there has been much speculation on what role would be left for banks in student loans, as well as which
With unemployment continuing to rise, college savings funds still performing poorly, and some states being forced to make cuts to grant and scholarship programs, many students are likely to be facing a very different financial situation when it comes to paying for college in 2009, as opposed to 2008.  Students who have experienced a significant change in their financial circumstances since completing the FAFSA, such as a loss of income and savings, can appeal to their college's financial aid office for a chance at more need-based college scholarships and grants.

Appealing Your Financial Aid Award

June 17, 2009
by Scholarships.com Staff
With unemployment continuing to rise, college savings funds still performing poorly, and some states being forced to make cuts to grant and scholarship programs, many students are likely to be facing
Student financial aid programs in several states may soon fall victim to sweeping budget cuts necessitated by the recession.  Ohio, Florida, Michigan, and California are all considering proposals to reduce or eliminate some state student aid programs, including popular grants and scholarships.

Several States Contemplate Cuts to Scholarships and Grants

June 16, 2009
by Scholarships.com Staff
Student financial aid programs in several states may soon fall victim to sweeping budget cuts necessitated by the recession.  Ohio, Florida, Michigan, and California are all considering proposals to
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
DeVry has announced that it will be awarding 500 scholarships to students attending its seven colleges: DeVry University, Keller Graduate School of Management, Ross University, Chamberlain College of Nursing, Apollo College, Western Career College, and Fanor.  Scholarships will be awarded to adult students who are starting college or returning to college after an absence this fall.  The announcement is timed to celebrate the addition of DeVry, Inc. to the Standard & Poor's 500 stock index this week.

DeVry Stimulus Scholarship Program Offers 500 Scholarships

June 10, 2009
by Scholarships.com Staff
DeVry has announced that it will be awarding 500 scholarships to students attending its seven colleges: DeVry University, Keller Graduate School of Management, Ross University, Chamberlain College of
Loan forgiveness programs have been helping encourage students to enter careers in fields like education and nursing for years.  Such programs are typically offered by state student loan agencies or non-profit organizations, and are often well-publicized to prospective college students.  In many cases, students have borrowed liberally, banking on having a substantial portion of their student loans forgiven after five or ten years of work in their field.  But budget cuts and stock market woes have been forcing agencies to make cuts to their loan forgiveness programs, in some cases almost entirely eliminating them.

Loan Forgiveness Programs Among Budget Cuts

May 27, 2009
by Scholarships.com Staff
Loan forgiveness programs have been helping encourage students to enter careers in fields like education and nursing for years.  Such programs are typically offered by state student loan agencies or
Yesterday, Congress held a hearing to begin the process of determining the fate of the Federal Family Education Loan Program, the bank-based federal student loan program that President Obama has proposed eliminating in the 2010 federal budget. Voices from both sides of the debate chimed in, with one clear theme emerging: in 2010, student loans are definitely going to change. The questions at this point are to what extent federal student lending will change and whether the banks currently involved in FFEL will still have a place in the new system.

Congress Holds Hearing on Lender Subsidies

May 22, 2009
by Scholarships.com Staff
Yesterday, Congress held a hearing to begin the process of determining the fate of the Federal Family Education Loan Program, the bank-based federal student loan program that President Obama has
The Obama administration recently announced steps that will be taken to make it easier for unemployed Americans to return to college and pay for school. Through a national effort to revise unemployment benefits and financial aid packaging, the administration hopes to make it possible for more displaced workers to return to school.

Incentive for Unemployed to Attend College

May 12, 2009
by Scholarships.com Staff
The Obama administration recently announced steps that will be taken to make it easier for unemployed Americans to return to college and pay for school. Through a national effort to revise
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