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How Americans Paid for College in 2010

College is getting more and more expensive every year. Considering the current economy, how are Americans continuing to pay for a product that is constantly increasing in price?

The authors of How America Pays for College 2010 tired of asking this same question over and over again, so they decided to conduct a survey to find out. They interviewed 801 students and 823 parents from across the nation and asked them various questions about how they finance a college education.

A vast majority, about 73 percent, said that they had to reduce their spending habits in other areas to pay for a college education. This shows a 17 percent increase from the 2008-2009 school year to the 2009-2010 year. Luckily though, 82 percent said that they strongly believe that a college education is an investment in the future and worth the sacrifice.

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The Free University of San Francisco Offers Free Courses to Students

It’s a common complaint at virtually every college campus across the country: the cost of earning a college degree is too high. Between tuition, fees, books, and living expenses, the cost of attending college is becoming less obtainable for many people. Luckily, a new trend is taking root in San Francisco that could change the way we think about a college education for ever. What is this trend? A tuition free college experience.

The Free University of San Francisco is based in the basement of a store in the Mission District in San Francisco. Underneath the Viracocha store, students meet for five weeks to study a particular subject. The creator of The Free University is Alan Kaufman, a former instructor at the Academy of Art University and poet. Kaufman wants to separate education from commerce.

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Education Key in Obama’s State of The Union Address

By Jason Knapfel

Last night’s State of the Union address came at a compelling time in President Obama’s first term in office. It comes on the heels of the Arizona tragedy that took the lives of six people and injured 13 others, including congresswoman Gabrielle Giffords.

This timing has presented an opportunity for the president to try to bring the country a little closer together, which is especially important in these politically divisive times.

President Obama has a little more political capital right now, which could afford him the opportunity to move forward on some initiatives he champions. After his speech in Arizona and some minor signs of economic improvement, the president’s poll numbers are as high as they’ve been since the beginning of his term.

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Tuition Hikes Spark Riot in London [VIDEO]

UPDATE [12/9/10]: Parliament is expected to vote on the tuition increase this evening. The largest protest to rally around the issue is also planned, with authorities prepared for more potential outbreaks of violence (see video below).

SECOND UPDATE [12/9/10]: The parliament passed the higher cap on tuition fees, and protests have taken a destructive turn. Several policemen have been injured and a royal car carrying Price William and Camilla, the Duchess of Cornwall, was attacked by protesters. William and Camilla are unhurt. The new measure must be approved by the House of Lords and receive the Queen’s signature before it is considered law.

American students aren’t the only ones facing an increase in education costs. The British government has taken action that will triple the cost of tuition after 2012. It’s empowering to report that approximately 50,000 people took a stand against these policies during a demonstration. Unfortunately, after only one hour of peaceful protesting, about 200 bad-apples ruined the bunch. A riot began and many people were injured during the course of it. Through the darkness of such violent acts, the light of the issue was lost.

The demonstration was organized by Britain’s National Union of Students (NUS) and they have clearly stated their disapproval of the riot. NUS president, Aaron Porter tweeted, “Disgusted that the actions of a minority of idiots are trying to undermine 50,000 who came to make a peaceful protest.” Read the rest of this entry »



StraighterLine Offers Cheap Alternatives to Freshmen Level Classes

straighterlineThe average college student graduates with $24,000 in debt. This can be attributed to the fact that the average college tuition has increased by at least 5.6 percent in the past ten years.

So, what’s the average, broke college student to do? Should you sell all of your worldly possessions so you can take Intro to Biochemistry? Heck no! How about using StraighterLine?

StraighterLine is a complete online “school” that offers a cheap alternative for introductory level classes. StraighterLine allows students to pay under $1,000 for an entire year’s worth of classes. These “101”-level classes offer the same information as traditional freshmen-level classes at many universities, but they eliminate the costs of running a college. Read the rest of this entry »



UC Berkeley One of the Most Expensive Schools in the Nation

UC BerkeleyEveryone knows that the cost of attending college keeps rising and rising, but students at the University of Berkeley – a public school – are really starting to feel this trend.

The College Board recently announced that one year at Berkeley now costs more than $50,000 for students who do not qualify for in-state tuition rates. Berkeley is the first public school where students have to pay more than $50,000 a year to attend.

Berkeley isn’t the only school to recently increase the cost of attendance to more than $50,000. In 2008, there were only three schools in the country that charged this much, and soon there will be 100 schools in the country to hit the $50,000 mark in 2010-2011.

Tuition at Berkeley isn’t the only factor in this expensive equation: the College Board also included room and board, supplies, books, and “personal expenses” in this number. Tuition itself is somewhere about $35,000. Read the rest of this entry »



The Average College Student’s Spending

College students are notorious for being broke. I cannot count the number of times each week I hear someone say, “Sorry, I can’t go out to eat/go to the movies/go to the clubs. I’m broke.”shopping

However, maybe we college kids aren’t as broke as we think we are. Something that I find pretty interesting is that 66 percent of students receive funds from home each month, and the average amount of money received is $312. Another 49 percent of students have a part-time job and report an average monthly earning of more than $450.

So what do we spend our money on? Surprisingly, 40 percent of the average student’s money goes to discretionary spending, including 6.5 percent for entertainment, 6.7 for apparel and services, and 4.7 percent for travel and vacation. Another 26 percent of the budget goes toward room and board, two very important things if you don’t want to share a bridge with a few random rodents. Read the rest of this entry »



UPromise Offers a Way to Pay for College

UPromise Student ProgramWe have all been writing blog after blog about how to save for rising tuition and prepare for the costs of college, but here is a way to save your money while spending money on everyday items.

Upromise is a free service that allocates money towards college bills and student loans when you purchase groceries, shop online or buy gas. Students can also use the money for 529 investment programs.

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A Private-Like Education at a Public Education Tuition Rate

St. Mary's College of Maryland

St. Mary's College of Maryland

With most private colleges costing around $40,000 a year, students are opting for a cheaper education at schools that offer an amazing education, but at public school prices. And St. Mary’s College of Maryland is one hot-spot school that is attracting students who are hungry for a solid college education, but don’t have the appetite for private school tuition rates.

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Options for Parents to Pay for Their Children’s College

young studentIt is no secret that a college education is expensive.

In fact, the average price for tuition at a private college according to the College Board for the 2009-2010 was $26,273, a 4.4 percent increase from 2008 and public school was an average of $7,020, up 6.5 percent. Over the next 18 years, the cost of a college degree is expected to increase to a couple hundred thousand dollars.

There is hope however for families who will need to start planning now for those expensive four years.

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