Collegiate institutions in the United States are experiencing a budget crisis, and the current state of higher education is more challenging now than ever before, especially for public institutions. States are slashing the higher educational spend across the board, ranging from high single- to double-digit percentages. Private institutions are also experiencing issues as annual giving has been reduced and endowments have not generated historic returns.
Two new studies offer emphatic answers to much-discussed questions about higher education: Yes, a college degree is worth it, but yes, it’s the middle-class that’s getting particularly squeezed with student debt in the pursuit of one.
UNCG about two weeks ago canceled the registrations of about 1,300 students because they had yet to pay their tuition bills — the highest number of cancellations since fall 2009, university officials said.