Category: College Costs

Podcast: The rising cost of a college education

Posted on March 19th, 2016

Students in the U.S. pay more for college than in any other country. It’s no secret that the cost of college has risen astronomically and continues to increase each year.

But why is this the case? And what can be done to prevent costs from rising even further?

In a recent podcast from the University of Pennsylvania’s Knowledge@Wharton High School, Wharton management professor Peter Cappelli and PricewaterhouseCoopers Partner Michael Deniszczuk discuss why costs have risen, how financial aid can affect the cost of college and how student loans have affected borrowers and the economy as a whole.

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How to reduce hidden college costs

Posted on March 15th, 2016

"You don’t just have to write a check just because you see a bill that’s presented to you. There are lots of strategies to lower expenses or even eliminate them." -- Lynnette Khalfani-Cox

We all know college is expensive, but there are also many hidden costs that can drive up the price even more. In a video for MONEY, Lynnette Khalfani-Cox of The Money Coach explains the hidden costs of college–and what you can do to reduce them. Hidden college costs can add up Khalfani-Cox notes that hidden […]

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SUNY pushes forward with plan to increase tuition

Posted on January 12th, 2016

The State University of New York (SUNY) system is moving forward with its plan to increase tuition once again, the Poughkeepsie Journal reports.

This week, SUNY leaders urged the state to support another round of tuition increases.

They are seeking an extension of the SUNY 2020 that took effect in 2011, which allowed every four-year SUNY college to raise tuition by up to $300 each year for five years.

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College became less affordable this year

Posted on November 6th, 2015

Once again, college tuition rose faster than inflation this year, the College Board reports.

Average college tuition and fees rose about 3% from last year, even though the government reports there has been basically no inflation in the rest of the economy over the past 12 months, according to Money.

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The real problem with higher education

Posted on October 27th, 2015

"The problem isn’t student loans–it’s the explosive rise in the costs of higher education." -- Charles Hugh Smith

It’s well known that the student loan crisis has gotten out of control and continues to grow every second. According to Business Insider, student debt has skyrocketed from $500 billion in 2006, just 9 years go, to over $1.3 trillion today. Many people in government have proposed student loan forgiveness and other strategies to help reduce […]

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Free college textbooks could be on the way

Posted on October 14th, 2015

"By expanding access to free online textbooks, our bill would help address this problem and allow students and families to keep more of their hard-earned money." -- Al Franken (D-Minn.)

While it’s no secret that college tuition, room and board, and fees have risen in recent years, many people don’t realize the cost of textbooks has also gone up dramatically–1,041 percent since 1977, in fact. This can add significantly to a family’s financial burden when paying for college. While there are ways to save on […]

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Less than half of recent grads ‘strongly agree’ college was worth the cost

Posted on September 30th, 2015

We write a lot about the importance to maximizing the return on investment of your college degree before, during and after college.

Unfortunately, the majority of recent college graduates don’t ‘strongly agree’ that their college experience was worth its high cost–most likely because they had to take out large student loans to help pay for it.

According to Forbes, a recent Gallup-Purdue Index study surveyed 30,000 recent college graduates and found that only half said that they “strongly agree” that their diploma was worth the money they paid to obtain it.

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VICE News asks: Why is college so expensive?

Posted on September 13th, 2015

"It’s more important than ever for students to make an intentional choice about where they’re going to school and what they’re majoring in." -- Dale J. Stephens

Why is college so expensive? Is it worth the investment? VICE News recently aired a segment on the rising cost of college and asked a panel and viewers those questions, among others about the increase in student debt and how different college degrees affect future earnings. Is college worth the cost? The panel included Student Voice’s […]

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How to graduate college with a job you love & less debt

Posted on August 20th, 2015

"We are essentially paying $1 every single minute we are on campus. If you’re going to invest that kind of money into your education, you want to make sure you’re getting a return on your investment." -- Jullien Gordon

Before going to college, many students don’t really think about maximizing the return on their college investment. In their mind, just getting into college and attending is enough. But in today’s world, it’s not enough to just have a college degree. You have to be armed with other skills that demonstrate you can add value […]

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The cost of a college education

Posted on August 14th, 2015

How much does college cost? Why is it so expensive? Where does all that money go?

Forbes recently interviewed prospective and current college students to find out their thoughts on rising college costs and whether they think the cost is worth it. Watch the video to hear their thoughts, and let us know what you think.

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