Financial Aid

Lynn Russo Whylly's picture

College is becoming more difficult for the middle class to afford

Economic trends are beginning to undermine access to higher education—America’s golden ticket to the middle class. The cost of college has vastly outpaced the growth of the economy; in 2012, the total debt from student loans exceeded both credit card debt and auto loans.

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Kylie Lacey's picture

Student loan provider Sallie Mae splits into two companies

Sallie Mae, formally named SLM Corp., said last week that the two separate companies – an education loan management business and a consumer banking business – would help unlock value and boost its long-term growth potential.

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Kylie Lacey's picture

Without aid, University of Wisconsin schools hard to afford

Tuition at four-year UW campuses has risen above the rate of inflation since 1987, even as state support has lagged inflation since 1980, the Milwaukee Journal Sentinel reported. That leaves many students with a difficult choice — work endless hours or graduate deep in debt.

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Kylie Lacey's picture

Drowning in debt

The House of Representatives voted last week to head off a doubling of student loan interest rates on July 1, but allow those rates to vary with the markets moving forward.

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Tim Goral's picture

Boston schools back Warren’s proposal to stall student loan interest rate increases

Dozens of Boston area schools have stepped up in support of a proposal put on the table by Sen. Elizabeth Warren which would essentially stop interest rates for students to borrow from doubling, and set the rates equal to those given to large financial institutions like banks.

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Kylie Lacey's picture

Are public universities too big to fail?

Dark clouds are forming over America’s public universities as the Wall Street mindset spreads across more of our institutions. A decade of excessive spending based largely on unlimited student loans is looming dangerously over a major national asset.

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Kylie Lacey's picture

Merit scholarships could cost neediest students

It found that hundreds of public and private colleges expect the neediest students to pay an amount that is equal to or more than their families’ yearly earnings. At the same time, the schools are offering more merit aid, based on such factors as a student’s academic achievement, to attract the students they most desire.

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Kylie Lacey's picture

As college students struggle, college presidents prosper

College trustees, who are sometimes inclined to be overly generous, should ponder carefully whether big salaries and bonuses are in keeping with the mission of taxpayer-supported schools.

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Lynn Russo Whylly's picture

Best Practices in Financial Aid Strategy

In this web seminar, Scannell & Kurz offers best practices in deploying scarce aid resources, while discussing how to evaluate the effectiveness of current pricing and award strategies and how to identify opportunities to increase net tuition.

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Lynn Russo Whylly's picture

Families Stuck in the Middle When it Comes to Higher Education

Increasingly, it seems as though higher education doesn’t have a place for people like me or my family. You see, we are the middle people. We are middle class, with three children. But in the realm of higher education, if you are “middle,” you are at the bottom. Scholarships, grants and financial assistance abound for students who earn top grades. And rightfully so.

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