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Posts Tagged ‘tuition’

New California Tuition Plan Gains Some Traction

Still facing staggering budget shortfalls the UC RiversideUC school system in California is now entertaining a radical new tuition program that could change the way college kids pay for their schooling.

Proposed by UC Riverside campus newspaper editor Chris LoCascio, the plan would see a student paying a flat 5% of their wages following graduation instead of an up-front investment amount paid before the education begins. The no tuition proposal would offer discounts for transfer students, graduates who work in public service careers and those who stay and work in the state. Students from other states and countries would pay 6%.

System President Mark G. Yudof met with the Riverside students during a UC regents meeting on Wednesday and was “very impressed” with the plan. Though impressed as he may be with the plan, UC officials were still troubled by the vague payment enforcement ideas put forth.

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Obama Fast-Tracks Student Loan Relief Program

Now more than ever it’s important to get a good education. But with costs on the rise and the job market still suffering doing so can seem daunting, nigh impossible. In a recent speech at the University of Colorado in Denver, President Obama acknowledged this and announced that he wants a student debt relief program to go into effect sooner than previously announced. (more…)

Students Flock to 2-Year Schools During Recession

Students Flock to 2-Year Schools During RecessionAll across the country, student enrollment in two-year colleges is on the rise. States are reporting increases in community and technical college enrollments of upwards of 20% over last year, with one Idaho school more than doubling its enrollment since last spring. The reason isn’t hard to figure out: the recession.

Thanks to the struggles of the current economy, college students are increasingly choosing the cheaper alternative of two-year schools. Even students who want to pursue a Bachelor’s degree can save a significant amount of money — anywhere from $4,000 to $40,000 a year — by studying at a community college for the first two years of their post-secondary education and then transferring. (more…)

Can’t Afford College? Move to California!

The National Center for Public Policy and Higher Education‘s annual National Report Card on Higher Education came out this week, and EVERY SINGLE STATE in the US earned a resounding “F” when it came to affordability (i.e., how hard it is to pay for college, taking into account tuition, financial aid and family income). Every state, that is, except California, which earned a shining C- due to its unusually low-cost community colleges. Congratulations, you’re slightly below par!

Rise in College Tuition since 1982Particularly telling is the report’s chart (left) of college tuition growth as compared to other major expenses since 1982-84. Not only has it increased by more than four times the rate of the Consumer Price Index during that time, but its pace is more than that of food, housing and transportation COMBINED. Only health care comes relatively close to the meteoric rise in college costs, and even that is just a bit more than half the rate of tuition.

Just eight years ago, 46 states passed the affordability test, meaning that only — no wait, don’t tell me, 7 5 4 states flunked. See what education can do for you?