Word: kantrowitz
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...Although Harvard and other wealthy schools may appease legislators with more generous aid packages, the trickle-down effect might be minimal. Mark Kantrowitz, a financial-aid expert based in Pitsburgh, Pa., who runs the website Finaid.org, predicts that fewer than 5% of schools will do away with loans entirely. That's because the vast majority of schools don't have large endowments they can tap to supplement lower tuition revenue. Many still depend heavily on net tuition to pay for operating costs, including faculty salaries and facility maintenance. That may be especially true at public schools - which educate...
...grants, which translated to an additional $69 awarded to each student receiving a grant. The maximum award allocation would increase to $4,800 in 2009 and $5,400 by 2012. But even the administration’s record on increasing financial aid has come under fire, with Mark Kantrowitz, publisher of FinAid.org, calling it “too little, too late.” Kantrowitz said that four of the past 10 years did not see an increase in Pell Grant funding. “So the recent increases are barely keeping up with the inflation rate, let alone making...
...John T. Lane ’56 recalls. “We were more interested in other things than how much elbow room we had.” Although Pusey told the meeting of Associated Harvard Clubs that the Chemistry Department had outgrown its facilities, Warren Kantrowitz ’56 did not recall overcrowding in the chemistry lab. “Everyone had plenty of lab space,” he says. “I don’t remember having to share beyond a comfortable level in any work that...
PREPAID TUITION PLANS Unlike so-called 529 college-savings plans, most of which lost money last year, prepaid plans gained about 7%. That's because they are guaranteed to keep up with tuition costs, which have risen at twice the rate of inflation. Mark Kantrowitz of FinAid.org also notes that prepaid plans (often derided because they tie you to a particular school or group of schools) are becoming more flexible about school choice. Kantrowitz suggests combining a prepaid plan (which does better when the economy performs poorly) with a 529 (which does the opposite) as a way to balance...
...suggests that even with your hands on the wheel and eyes on the road, the "cognitive" distraction of simply concentrating on something other than driving can get you into trouble. "The average driver does not have the training to process all this information safely while en route," argues Barry Kantrowitz, who directs the University of Michigan Transportation Research Institute...