NEWS
January 19, 2008
Several leading universities have taken steps to reduce the exorbitant tuition rates for middle- and lower-income families. That's good news for the elite few who get in to the Harvards and Yales. But what about the rest of the schools? College tuitions keep climbing, but many students have no recourse but to take out more loans, often at steep interest rates. The likelihood of being in debt for a dozen years discourages many from going to college and is a big reason others do not finish.
NEWS
August 15, 2007
Leo I. Higdon Jr. is president of Connecticut College College tuition is a bargain. I lobbed this sentence into a lively dinner-party conversation about the rising cost of college, and the response was a universal "Huh?" This from a roomful of highly educated, talented people who, one might think, would understand the value of higher education. I discovered it isn't the value people misunderstand; the actual cost of education is the mystery. The questions I answered that evening were questions people everywhere are wrestling with.
NEWS
October 6, 1999 | By Mike Hudson, INQUIRER WASHINGTON BUREAU
The cost of a college education is still climbing faster than inflation, but the rate of growth is slowing, statistics released yesterday by the College Board show. Board officials said the average tuition at a four-year college rose 4.6 percent this year. But experts say they doubt college costs will ever stop growing more rapidly than other prices. Thus, paying for higher education is likely to present an ever more daunting burden, particularly to lower- and middle-income Americans whose children don't qualify for big scholarships but who can't pay college bills without borrowing heavily.
NEWS
July 20, 1991 | By Nancy Phillips, Inquirer Staff Writer
Students at New Jersey's public colleges will pay higher tuition in the fall, but the increases in most cases will be smaller than in previous years. Tuition increases will average 9.3 percent at state colleges and universities, compared with 13.4 percent last year, according to the state Department of Higher Education. Community-college tuition will increase by an average of 10 percent, as opposed to 11.1 percent last year. Chancellor Edward D. Goldberg, who had asked the colleges to hold down tuition costs, yesterday said he was pleased that most had done so. And he stressed that things could have been worse.
NEWS
April 9, 1987 | By Marie George, Special to The Inquirer
The Glassboro State College Board of Trustees yesterday approved a tuition increase of $5 per credit hour, or an average of $150 per semester, effective at the beginning of the 1987-88 school year. This is the first year the trustees have been able to raise tuition without state approval. A state autonomy law that took effect this year empowers colleges to raise tuition; formerly, that power belonged solely to the state. Costs to attend the college, including room and board, will rise from about $4,885 to about $5,135.
NEWS
January 28, 2012 | By Christi Parsons and Kathleen Hennessey, Tribune Washington Bureau
ANN ARBOR, Mich. - President Obama embraced the idea of federal action to restrain the rapidly increasing cost of higher education, giving a boost to a policy idea that has been gaining steam. His proposal that colleges and universities cut costs or risk losing out on some federal aid was part of a larger package of "college affordability" ideas that the president unveiled Friday in a speech at the University of Michigan. Obama wants to increase funds for higher education, mostly through an expansion of federal loan programs.
NEWS
August 10, 1989 | By Huntly Collins, Inquirer Staff Writer
College tuition costs across the country will increase an average of 5 to 9 percent this fall, a marked slowdown in the double-digit increases of recent years, according to a national survey to be released today. However, a number of leading schools in the Philadelphia area report much higher tuition hikes for the 1989-90 school year. Tuition at Rutgers University, the state university of New Jersey, will rise 13 percent, nearly double the national average for public schools, while that at St. Joseph's University, a Jesuit school on City Avenue, will increase 16.2 percent, close to twice the average for private schools.
NEWS
October 16, 1991 | By Huntly Collins, Inquirer Staff Writer
Wracked by the recession, four-year public colleges have increased tuition and fees 12 percent this school year to an average of $2,137, the College Board reported in a survey released today. It was the first double-digit tuition increase at publicly funded colleges in eight years, the board said. At four-year private colleges, tuition and fees have risen 7 percent to an average of $10,017 for the current academic year, the board reported. Among two-year community colleges or junior colleges, tuition at publicly funded schools rose 13 percent to $1,022; tuition at privately funded schools increased 6 percent to $5,290.
BUSINESS
October 12, 1987 | By Tom Belden, Inquirer Staff Writer
It sounds intriguing at first. You make a single payment now, often less than $10,000, and forever put aside worries about how you'll pay the ever- escalating cost of a college education for your child. The prepaid, or advance, tuition-payment programs, pioneered by Duquesne University in Pittsburgh and by several state-funded plans, have gained in popularity in recent years. They offer the obvious advantage to a parent of paying for four years of college tuition at current rates, when a child is only a toddler, and then saving what could be thousands in fees years later.
BUSINESS
July 1, 1991 | by Gordon Campbell, Special to the Daily News
No matter how old your kids are - 14 months or 14 years - it's never too early to plan for college, because a four-year college education carries a hefty price tag. For the current academic year, the average price of tuition, fees, room and board, and other expenses at a public college totals $8,885. At a private college the costs average $17,220. One year at an Ivy League school is about $21,125. Experts estimate that costs will increase around 7 percent a year. This means the parents of today's newborn will face a bill of approximately $32,100 (public school)