college affordability


Alex Carter's picture

Making Sense of the Rising Cost of College

By Alex Carter
May 29, 2008

As college students celebrate graduation this May, their joy is combined with the harsh reality they face post-graduation--many of these students will graduate with unmanageable levels of loan debt that they can not afford basic necessities. more »

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Textbook costs getting hard to cover

From marketplace.publicradio.org
April 16th, 2008

marketplace.publicradio.org — A growing chunk of college costs is the price of textbooks, on which the typical undergraduate spends $900 a year. So a group of college professors is calling for low-priced and free texts online. Congress is getting involved, too.

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Sallie Mae to Quit Offering Federal Loan Consolidations

From chronicle.com
April 14th, 2008

chronicle.com — Sallie Mae, the nation’s largest student-loan company, is taking another step away from the government-backed student-loan business, further exacerbating the sense of crisis hanging over the industry.

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According to a recent New York Times/CBS News poll, 70 percent of parents surveyed were “very concerned” about how they would pay for college; only 6 percent were not concerned.

Source
Jonathan D. Glater. "Fewer Options Open to Pay for Costs of College." New York Times. April 12, 2008.

Fewer Options Open to Pay for Costs of College

From nytimes.com
April 14th, 2008

nytimes.com — Parents will have to navigate unfamiliar and difficult terrain when it comes time to pay for college this year, with student loan companies in turmoil and banks tightening their standards and raising rates on other types of borrowing.

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Eric Lotke's picture

Bars not books

Submitted by Eric Lotke
March 12, 2008

In the past 20 years, total state spending on prisons increased five times as fast as state spending on higher education (127% v. 21%).

Source
Economic Policy Institute, Economic Snapshots. http://www.epi.org/content.cfm/webfeatures_snapshots_20080312
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Alex Carter's picture

Cost of College Soaring

Submitted by Alex Carter
March 11, 2008

The cost of tuition at public college rose 39%.

Source
United States Department of Education, National Center for Education Statistics. Digest of Education Statistics, 2007. http://nces.ed.gov/programs/digest/d06/tables/dt06_319.asp. (Adjusted for 2007 dollars)
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