Finance: Page 23

Finance

W.Va. Has Highest Student Loan Default Rate

CHARLESTON, W.Va.— Government records show West Virginia has the highest default rate on college student loans in the nation. According to the U.S. Department of Education, the default rate in West Virginia in 2016 was 18.3 percent, up from 16.2 percent in 2015. The Charleston Gazette-Mail reports it’s the largest percentage increase of any state. […]

Workforce Development

ApprenticeOhio Teams Up with Colleges

A unique partnership between ApprenticeOhio and 10 community colleges across the state is making it easier for Ohio students to pursue careers in well-paying industries that need workers. The Ohio College Apprenticeship Consortium will reimburse tuition to participating students for completing pre-apprenticeship and registered apprenticeship programs in occupations identified by local businesses as needing workers. […]

Finance

UW-Madison Offers Free Tuition for Some Transfers

About 150 students at two-year colleges around Wisconsin are expected to enroll in a new UW-Madison program giving first-generation college students a year or more of free tuition when they transfer to the state’s flagship public university, officials said. UW-Madison Chancellor Rebecca Blank wrote in a semester welcome message on Wednesday that Badger Promise — […]

Finance

What Older People Don’t Know About College Costs

Decades ago, many Michigan young adults financed a college education without loans or help from their parents. It’s something that Baby Boomers and senior citizens brag about now, as Millennials graduate college with an average of $30,000 in student debt. “While attending U of M I worked full-time during the summer and part-time during the […]

Finance

“Free College” Doesn’t Solve Affordability Issues

Four states now offer free community college to their residents, covering tuition and mandatory fees. LOCAL IMPACT: It could likely cost Massachusetts an estimated $127 million annually to eliminate tuition and mandatory fees for in-state students currently enrolled in community colleges. Last month, Rhode Island became the fourth state to offer free community college to […]

Finance

1,100 Sign Up for R.I. Free Tuition Program

PROVIDENCE, R.I. — More than 1,100 students have signed up for a program that offers two years of free tuition at the Community College of Rhode Island. A college spokeswoman tells The Providence Journal (http://bit.ly/2xusMPe ) that several more students are finalizing their financial aid. The $2.8 million Rhode Island Promise program pushed by Democratic […]

Finance

Boston Bridge Helps Students in Need

As anyone struggling with backbreaking loans can attest, college just keeps getting more and more expensive. The average yearly tuition at UMass Boston is $13,436, a 6 percent increase from last year alone—and that doesn’t even cover the cost of books or room and board. It’s enough to make any incoming freshman break into a […]

Finance

What Happened to California’s Free Tuition?

Higher education is expensive. It’s a realization that many have come across over the past few decades as the price of tuition continues to rise, particularly in California—a state with high poverty rate, ever-increasing rent and a high cost of living. And that’s not likely to change soon. Both the University of California Regents and […]

Finance

Maine Community Colleges Freeze Tuition

PORTLAND (WGME) — As college students head back to campus, Maine’s community colleges say they are freezing tuition for the coming year. Tuition and fees at Maine’s seven community colleges are the lowest in New England, about $3,600 per year, and they’re going to stay that way. Some additional state funding is making the freeze […]

Finance

Free College Movement Grows

Think “free” tuition sounds unrealistic? It’s already a reality in more than 20 states. Earlier this year, Arkansas, Indiana, Montana and Rhode Island introduced statewide free community-college programs. Other states, including Minnesota, Oregon and Tennessee, already have programs, and 13 more introduced legislation this year to start similar initiatives, according to Dustin Weeden, a senior […]

Finance

2 Colleges Team Up to Give All Local Students Scholarships

Penn State Lehigh Valley student Daniel Omron grew up living paycheck to paycheck, so his mom’s advice to earn a college degree resonated. It became their shared dream for him. But when his mother became terminally ill with cancer while he was in school, he became her primary caretaker, putting that in jeopardy. Between his […]

Finance

Ex-Lawmaker Challenges In-State Tuition for DACA Students

PHOENIX — A former Arizona lawmaker known as the driving force behind most of the state’s toughest immigration laws is moving to challenge the university system for temporarily allowing young immigrants protected from deportation to keep paying lower-cost in-state tuition. It comes after a court ruled that students in the Deferred Action for Childhood Arrivals, […]

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