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NEWS ABOUT: college costs

Broke College Girls Find Dubious Job: Sugar Baby

With soaring tuition, crap job market, women find controversial way to pay debts

(Newser) - Amid soaring college tuition and a persistently terrible job market, college co-eds are increasingly turning to a thinly-veiled version of the world's oldest profession to get the bills and loans paid, reports the Huffington Post . Websites such as SeekingArrangement.com allow women to advertise themselves as "sugar babies"... More »

America's 10 Priciest Colleges

...that we definitely haven't saved enough for

(Newser) - Oh, sweet journalistic irony: Forbes releases its list of the country's most expensive colleges, and MarketWatch reports on a Sallie Mae survey released today that finds that, on average, families have saved $48,367 for school by the time their kid leaves for college. (Though, disturbingly, 24% of parents use... More »

7 Reasons Your Kids Should Skip College

It's a four year—or more—waste of time, author says

(Newser) - College is a must if you want to have a real career, right? Nope, it’s “a scam, a self-perpetuating Ponzi scheme that needs to stop right now,” writes James Altucher for DailyFinance.com . Here are his seven reasons you shouldn’t send your kids:
  • It’ll cost
... More »

Bargain-Hunting Students Swarm State Universities

Officials walk line between shoring up budgets, maintaining reputations

(Newser) - The unraveling economy is spurring a boom in applications to public universities as students pursue higher education at lower prices, the New York Times reports. But while increased enrollment may help offset the budget cuts that many public institutions expect as states trim budgets, it can also diminish the student... More »

Applicant Pool Down, Private Colleges Begin to Panic

Fears of high costs may be driving drop

(Newser) - Private colleges are receiving notably fewer regular applications this year, sparking widespread concern among the schools that enrollment will plunge, the New York Times reports. Reasons for the drop may include families’ worries about soaring tuition and a general decline in the number of schools to which each student applies.... More »

Colleges, Universities Hit by Credit Crisis

Higher ed is heavily invested, needs to reassess plans

(Newser) - Watching their endowments go south, their fundraising slow, and access to credit dry up, many colleges and universities are in crisis-planning mode, the Boston Globe reports. Some schools may have to freeze hiring and halt new construction, as Boston University did Tuesday, or raise tuition. Pricier schools are predicting fewer... More »

Struggling College Students Turn to Food Banks

Soaring cost of staples drive students to charity pantries

(Newser) - With some groceries costing 30% more this year, food banks have surprising new customers: college students. About 150 visit a Seattle food pantry each week, up 25% from last year, while a Denver college food program has seen its numbers double. "With things the way they are, a lot... More »

Credit Crunch Ups Price of College Loans

Federal, private lenders will raise rates, increase rejections

(Newser) - Even as college costs soar, the credit crunch is about to make student loans more expensive—and tougher to come by. Fees for federally guaranteed loans, which offer below-market rates, are expected to rise, and some states have dropped out of the program. At least a dozen private firms have... More »

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