It’s probably a good thing that today’s students, unlike their parents, are more likely to be handed a free t-shirt than a new credit card as they walk across campus. For students graduating in the 1980s and 1990s, credit card debt was a more likely millstone than student loans. Rules that went into effect in 2010 drastically reduced students’ access…
Cost increases across the higher education landscape averaged 2.5% for the fiscal year ended June 2019, according to the Higher Education Price Index or HEPI. This is slightly lower than the previous two years: 2018’s inflation was 2.9% and 2017’s, 3.4%.
Who knew we’d be a week away from the end of the year at this point? Kidding of course. If you’re among the many who want a year-end to do list, here goes!
Among the apples-to-grapefruit aspects of planning for college costs is the substantial differences in what’s included in Cost of Attendance at different schools. All schools will quote costs for tuition and fees, room and board, books and supplies and personal expenses. But often, those are just a starting point.
Last month, the Department of Education announced the release of earnings and debt levels by major and school. This is a fantastic level of transparency when a career path is already in mind. The data is available on College Scorecard.