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Study comparing college revenue per student by tuition and state funding in 2008 dollars. [50] College costs are rising while state appropriations for aid are shrinking. [citation needed] This has led to debate over funding at both the state and local levels. From 2002 to 2004 alone, tuition rates at public schools increased by just over 14% ...
Financial stress by education level. Financial stress caused by the economy varies somewhat by education level. Those who have completed some college, but have less than a bachelor’s degree, had ...
Instead of worrying about your child’s college education, encourage them to be good, well-rounded students. Then, when the time is right, help them apply for scholarships. supersizer/istockphoto
The new form is shorter and easier to fill out, and the updated formulas should help more students qualify for financial aid. But that doesn't reduce the stress and worry families are feeling now.
Furthermore, familial financial hardship, ever-rising costs of tuition and housing, and lack of sufficient financial aid –which can be attributed to recent major cuts in states’ budgets for public universities and lack of federal aid –have made food insecurity an increasingly common experience among college students.
A closely related issue is the increase in students borrowing to finance college education and the resulting in student loan debt. In the 1980s, federal student loans became the centerpiece of student aid received. [48] From 2006–2012, federal student loans more than doubled and outstanding student loan debt grew to $807 billion. [48]
A recent study shared by Intuit Credit Karma revealed that 60% of Americans were concerned about the overall state of the world and the economy, with 27% admitting to turning to "doom spending" to...
First-generation college students in the United States are college students whose parents did not complete a baccalaureate degree. [1] Although research has revealed that completion of a baccalaureate degree is significant in terms of upward socioeconomic mobility in the United States, [2] [3] [4] a considerable body of research indicates that these students face significant systemic barriers ...