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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% ...
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]
In fact, the National Retail Federation estimates that college students and their parents will spend an average of $1,059 per family. Meanwhile, college spending is expected to total $67.7 billion ...
Note that the situation for student loans has changed due to the impact of the coronavirus outbreak and relief efforts from the government, student loan lenders and others. EFC and FAFSA might ...
A 2011 national study found that college students with a high socioeconomic status persisted in college 25% more than students with a low socioeconomic status. [88] In fact, students with a high socioeconomic status are 1.55 times more likely to persist in college than students with a low socioeconomic status.
The Biden administration’s announced plan to cancel student loan debt for millions of Americans caused a stir this week, but what do students think? ABC News hit the road to the University of ...
A recent survey by the Consumer Financial Protection Bureau found that among borrowers who had only used a standard, 10-year repayment plan, 31% did not know they could choose an alternative.. In ...
Its student body, though, is especially sensitive to any extra costs. Pell-eligible students have nearly doubled since 2007, from 32 percent to 59 percent. And in 2012, more than 14,000 Georgia State students had unmet financial need, in some cases more than $15,000 a year.