Even as the economy flounders, the cost of the college experience is continuing to increase according to numbers for this year's bill, just released by the College Board. Let's all take a moment to be grateful for the college education we may have received, because in this economy, it's tougher for students and families to find the money for higher education. Take the quiz and make educated guesses about tuition and room and board in the current school year.
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Student loans are increasingly necessary for many students to pay for college, but these massive debts are causing some graduates to flee the country. It may seem dramatic, but leaving the country sometimes seems like the only option for grads that have defaulted on their student loans and can't find another way to escape the debt collectors.
CNN Money profiled a student loan fugitive named Chris who got a foreign address to escape his $160,000 student debt from getting a master's degree in music.
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Last week at the Apple Event in Cupertino, CA, Apple Chief Operating Officer, Tim Cook, announced an interesting fact; that Apple had surpassed Dell to become the top supplier of notebooks in colleges and universities. In previous years, fifteen percent of students had Apple notebooks, now the number is closer to fifty percent. Tim then popped this pic up on the big screen and challenged the audience to find a PC.
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As the economy weakens and more workers are laid off, there is a growing need for financial aid from students that wouldn't have needed it before. According to The New York Times, most students won't have problems paying fall semester tuition because those arrangements were made months ago, but it's apparent the number of families needing aid is growing. Colleges are concerned there won't be enough aid money for everyone who applies and are keeping an eye on the economy, especially in terms of employment.
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Tasty Orange Juliuses and tedious needlepoint are what come to mind whenever somebody brings up the topic of middle school home economics class, and none of the lessons I recall had anything to do with keeping a household budget.
According to The New York Times, home economics was started with the idea of teaching students about pinching pennies but transformed as people worried less about money.
Once upon a time, schools taught survival skills like how to feed a growing family cheaply and run a household on a tight budget.
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Buying college textbooks can tack on thousands to an already expensive experience; paying up to several hundred a semester really adds up. Students have learned to be creative in getting their hands on textbooks by buying used, borrowing from the library, or sharing with classmates, but some professors have recently stepped up to the plate in taking a stand against overpriced lecture material.
R.
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Most of us were not rewarded with money for getting good grades when we were kids, but times they are a-changing. While a monetary incentive program has been rolled out to middle school students in Washington, DC, a similar program is being introduced to high-school freshmen in 20 of Chicago's public schools.
The initiative is part of the Green for Grade$ program that received it's $2 million funding from private sources.
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Some consider dedicating yourself as a full-time college student a full-time job in itself, but going to school and living away from home is expensive and might require the income of at least a part-time job.
I worked throughout my four years, earning money working on-campus and waitressing off-campus. Did you work during college?
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Because 70 percent of you are dealing with student loans, a Motley Fool article called "Die, Student Loan, Die!" caught my eye. The article has some good tips on how to assess whether you should focus on putting more money toward savings or more toward student loans.
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It's back-to-school time, and most middle school students in Washington, D.C., are entering with new motivation to do well in school. The district is testing a new incentive program that rewards kids with money for getting good grades, and they could earn up to $100 per month.
While my parents didn't use money to motivate me to get good grades, many of my friends' parents paid them for doing well in school.
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