Tagged with tuition increase in our Blog
Hello all! As we close out March, let’s take a minute to ponder what many college students and families undoubtedly find themselves wondering quite a bit—what makes college so expensive(startling fact: student loan debt in America currently tops over $1 TRILLION dollars)? Over the years, this very question has been asked by everyone from student to parent to economist. Even today, there is no clear explanation, but many ideas. Let’s take a look… A common line of thinking questions the very nature of financial aid itself. As this idea goes, essentially it is copious amounts of financial aid that most… Read more here!
With college tuition increasing again due to colleges and universities receiving less state funding, students are forced to rely more heavily upon financial aid in the form of student loans, especially from the federal government. In lieu of this raise in tuition, there is a bright side. The federal government has also expanded the programs for the Pell Grant and other loans, which will make it easier for students to receive more financial assistance. Student loans are one of the most utilized forms of financial aid, so making them more accessible for students will be a big help to the… Read more here!