$78,000 of Debt for a Harvard Theater Degree

College aid packages usually aren't gifts

 

The US college debt bubble is becoming dangerous Rana Foroohar, Financial Times

New Tactic to Forgive Loans in For-Profit School's Failure

A liberal arts college without English majors?

Cost of education and return on investment should be factored into most student's college enrollment decision. The ability to communicate and analyze are going to remain paramount. Can this be taught in a more cost effective manner? 

A Conveyor Belt of Dropouts and Debt at For-Profit Colleges

The student debt crisis is real but its impacts are largely confined to lower tier schools and for profit colleges.  Students need to attend the right colleges for them and have a clear understanding of the costs and their employment possibilities upon graduation.  Articles like these illustrate the two-tiered world of education and employment.

A descriptive examination of how Universities use merit aid to enhance their student bodies and to increase revenue. “U Mass Amherst awarded $22m in merit scholarships to out-of-state students last year….the total far outstrips $9.9mm in  merit aid provided to in-state students…” The flip-side is that the average merit scholarship is $7,600 per out-of-state student and out-of-state tuition is $31,000 vs. $14,000 for in-state residents, so they are still paying more to attend.  These scholarships are essentially tuition discounts to attract academically strong out-of-state students. 

The college debt crisis is even worse than you think

Another look at student debt – this example illustrates one student who did not understand the loan nor the interest rate and is now paying $756 a month.