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One explanation posits that tuition increases simply reflect the increasing costs of producing higher education due to its high dependence upon skilled labor.According to the theory of the Baumol effect, a general economic trend is that productivity in service industries has lagged that in goods-producing industries, and the increase in higher education costs is simply a reflection of this ...
In May 2024, the Department of Education announced that the student loan interest rate for the 2024–2025 academic year would be 6.53% for undergraduate loans, 8.08% for postgraduate loans, and 9.08% for PLUS Loans, which was the highest undergraduate rate in more than a decade and the highest postgraduate and PLUS Loan rates in more than two ...
The Salvation Army releases its annual State of the Nation report, which identifies food insecurity, unaffordable housing and domestic violence against children as major issues facing New Zealand in 2025. The report also finds over 400,000 New Zealanders receiving welfare.
The incoming Labour Government faces a full in-tray of challenges in the education and childcare sectors.
LANSING — Gov. Gretchen Whitmer made free preschool and community college a centerpiece of an $80.7 billion budget she presented to state lawmakers Wednesday for the 2025 fiscal year that starts ...
The education sector is shedding jobs, and analysts worry that that they may never come back. America's education sector is facing job losses 'you do not want to see' [Video] Skip to main content
There is concern that the possible higher education bubble in the United States could have negative repercussions in the broader economy. Although college tuition payments are rising, the supply of college graduates in many fields of study is exceeding the demand for their skills, which aggravates graduate unemployment and underemployment while increasing the burden of student loan defaults on ...
Higher education in the United States is an optional stage of formal learning following secondary education. Higher education, also referred to as post-secondary education, third-stage, third-level, or tertiary education occurs most commonly at one of the 4,360 Title IV degree-granting institutions, either colleges or universities in the country. [1]