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On the heels of our latest post – a story about a Northeastern grad who accumulated $200,000 in student loans –  the Pew Research Center released a report that members of the class of 2008 borrowed 50 percent more than their counterparts who graduated 12 years earlier. According to the report, increased borrowing by college students has been driven by three trends: more college students are borrowing, college students are borrowing more, and more college students are attending private for-profit schools. The report reveals that the number of undergraduates borrowing rose from 52 percent in 1996 to 60 percent in 2008 and among those who borrowed, the average undergraduate loan increased from $17,000 in 1996 to $23,000 in 2008. The rise in attendance at private, for-profit colleges also resulted in the increase of student borrowing; the report states, “Students who attend for-profit colleges are more likely than other students to borrow, and they typically borrow larger amounts.”

Pew Reports Students Borrowing More than Ever

November 24, 2010
by Suada Kolovic
On the heels of our latest post – a story about a Northeastern grad who accumulated $200,000 in student loans – the Pew Research Center released a report that members of the class of 2008 borrowed
When you envisioned what your college application process would be like, I’m sure you anticipated stress and anxiety but I doubt you expected a joke could get you in. This was the moment you were told to draw on your strengths and articulate every achievement – countless community service hours, stellar GPA, and the fact that you were senior class president. Every sentence would be so perfectly and meticulously thought-out that who you were just leapt right off the page. You prepared your answer on why you belonged at your dream college and pinpointed what you had to offer…until you opened the actual application and found a serious curveball.

GPA, SAT, and a Great Sense of Humor Walk into a Bar

November 12, 2010
by Suada Kolovic
When you envisioned what your college application process would be like, I’m sure you anticipated stress and anxiety but I doubt you expected a joke could get you in. This was the moment you were
Due to the drastic economic downturn, students are flocking to majors considered “safe” – economics, engineering and computer science – and steering clear of ones that develop creative thinking and imagination – the humanities. It makes sense, since the objective after graduation is to obtain a well-paying career to pay for that prestigious college education and the best way to do so, in the eyes of the majority of college students, is to select a major where the potential for a generous return on your investment is high. According to the American Academy of Arts and Sciences, student interest in the humanities – which include the classics, literature, languages, history, philosophy, and religion – has dropped dramatically in recent years. Only 8 percent of American undergraduates majored in a humanities field in 2007, compared with 17 percent in 1966.

Colleges Revive the Humanities

November 9, 2010
by Suada Kolovic
Due to the drastic economic downturn, students are flocking to majors considered “safe” – economics, engineering and computer science – and steering clear of ones that develop creative thinking and
Imagine a world where cold, hard cash was the incentive for doing well in school. A new study, that examined three Ohio community colleges, attempted to explore if paying students is the answer for an authentic effort in their education. The report, Rewarding Progress, Reducing Debt: Early Results From Ohio's Performance-Based Scholarship Demonstration for Low-Income Parents, showed that using financial aid strategically – providing low-income parents scholarships based on their performance – was “encouraging.” The program offered the low-income parents up to $1,800 for one academic year if they earned at least a “C” in 12 or more credits, or $900 for the same grade in six to 11 credits.

Ohio Program Rewards Higher GPA’s with Cash

November 8, 2010
by Suada Kolovic
Imagine a world where cold, hard cash was the incentive for doing well in school. A new study, that examined three Ohio community colleges, attempted to explore if paying students is the answer for
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