California residents can now go to community college for free.

Gov. Jerry Brown signed a bill in early October that gives students one year of free tuition at any of state’s 114 community colleges, as long as they are California residents and new students enrolling full-time, CNN reported.

This new legislation expands on what California already offered. Community colleges in the state currently charge residents $46 per credit — amounting to a cost of roughly $1,100 a year for students who enroll full-time.

Continue reading California to Make First Year of Community College Free →

Nearly half of all respondents in a recent poll said they would give up voting in the next two presidential elections if their student loans would be forgiven.

And while surrendering a fundamental right might seem crazy, the latest numbers on student loan debt are equally staggering.

Continue reading What Would You Do for Student Loan Forgiveness? New Poll Shows Debt Worries Loom Large for Millennials →

What if America’s private colleges could stop their annual increases in tuition or even drop their prices down?

The National Association of Independent Colleges and Universities (NAICU) has an idea it says would do just that.

NAICU has recommended that Congress give private, nonprofit colleges a temporary anti-trust exemption for the purposes of promoting affordability.

Current laws ban discussion about prices and discounts — including student aid — among competitors in any industry. NAICU says that this has led to a vicious cycle of ongoing tuition inflation and has forced private colleges to offer larger and larger discounts on the sticker price to stay competitive.

They believe that if schools could talk to one another, they could end this cycle and start targeting financial aid to the students who need it most. The thinking is that if everyone made the decision to collectively lower tuition, then no college would feel like it “lost” because it wasn’t offering the huge discounts that are currently available to counter price inflation.

Continue reading Private Colleges Propose Tuition Reduction Strategy →