Category Archives: Cost of College

Survey: College Grads Concerned about Finances

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Graduation is fast-approaching, and a new national survey suggests that college seniors are worried about money.

Researchers with Barnes & Noble College interviewed 312 graduating seniors in April. Here’s what they found:

  • Salary is important to job-seeking graduates, with 44 percent of respondents citing pay as their top priority in the job hunt.
  • Forty-eight percent of respondents are worried about student loans.
  • And 68 percent of students listed “earning enough money” as a top concern.

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Survey: Cost Influences College Choice

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A new study confirms what many admission professionals already know —students are cost-conscious when selecting a college.

Nearly 19 percent of students who turned down the chance to attend their top-choice school in 2016 did so because of the cost of attendance, according to new data from Royall & Company, a firm that assists colleges with enrollment management and fundraising.

“I think enrollment leaders and the public in general have had a suspicion that cost factors were driving a lot of enrollment decisions,” Royall’s Managing Director Peter Farrell told Inside Higher Ed. “This verifies it in an empirical way.”

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Report: Many Community College Students Struggle Financially

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The majority of community college students live paycheck to paycheck, and nearly half say a lack of finances could cause them to leave school, national survey results show.

The findings — included in a new report from the Center for Community College Student Engagement (CCSE) — underscores the role finances play in educational attainment.

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Students and Counselors Make the Case for a Streamlined FAFSA

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Educators, advocates, Hill staffers, and students gathered in Washington, DC, earlier this month to learn more about efforts by the National College Access Network (NCAN) to simplify the Federal Application for Free Student Aid (FAFSA).

The overarching goal of this new streamlined FAFSA is simple — stop making low-income students repeatedly prove that they are low-income. The NCAN report, Half the FASFA: Cutting the Red Tape to Postsecondary Aid, includes three potential pathways to shorten the FAFSA.

For example, on one track, once a student has confirmed that their family earns a means-tested benefit such as SNAP (food assistance) or TANF (cash assistance), they are automatically sent to the signature portion of the form.

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Utah Pilot Program Would Expand Housing Options for Low-Income Students

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Lawmakers in Utah are considering a pilot program to help low-income college students secure housing that’s both convenient and affordable.

The bill — sponsored by Republican state Rep. Mike Winder — would provide eligible students with a place to live near their college campus.

Residents would not have to dip into student loan funds to pay for housing. Instead the program would be largely supported by public funds and private donors.

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Textbook Costs are ‘Heavy Burden’ for Students

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Scraping up enough money to purchase textbooks weighs heavily on the minds of many college students, according to staffers at New America.

The Washington, DC-based think tank convened students and parents this fall for a series of focus groups. The gatherings offered participants the opportunity to share their opinions about higher education and student success.

“Students and parents alike had a lot to say about the cost of tuition and the institutions themselves, and offered policy ideas they believed could alleviate some of the things that weren’t working,” New America staff members Ernest Ezeugo and Manuela Ekowo wrote in a recent blog post. “But when students were asked what they thought the most problematic aspects of college were, it was the cost of textbooks that most animated the room.”

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Report: Net Price Continues to Grow for College Students

Despite only modest increases to tuition and fees, the cost of a college education continues to outpace growth in financial aid, family incomes, and the average prices of other goods and services.

The findings are included in two reports — Trends in Student Aid and Trends in College Pricing — released this morning by The College Board.

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