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...Gist: The College Board has released its annual report on the cost of higher education, and the news is distressingly predictable: despite the current economic downturn, college is getting more expensive. Tuition and fees for the 2009-10 school year at a private, four-year college or university now averages $26,273, a 4.4% increase from last year. Throw in room and board and you're up to $35,636. Public schools are a better deal, of course, but their price tag is growing even faster - up 6% or more. All this in a year where the cost of most...

Author: /time Magazine | Title: The Incredible Climbing Cost of College | 10/21/2009 | See Source »

Highlight Reel: 1. Climbing costs in the classroom: Private colleges and universities come with the heftiest bills, though most students rely on public colleges and universities (in fact, just a quarter of students face costs of $21,000 or more). Public schools are a relative bargain, but average tuition and fees at two-year public schools rose 7.3% from last year, to $2,544. In-state tuition and fees at public, four-year schools rose 6.5% this year to $7,020 ($15,213 with room and board). Out-of-state costs saw similar increases, to $18,548 for tuition...

Author: /time Magazine | Title: The Incredible Climbing Cost of College | 10/21/2009 | See Source »

...Novasti, a Russian state-run news agency, reported that a Russian criminal group was just arrested for selling forged degrees from Harvard and other colleges. The going rate for a fake Harvard diploma ($40,000) was just a little less than the the official cost of one year's tuition, room, and board ($48,868 for 2009-10, according to FAS). But Alexander Khazin, deputy chief of a Russian Interior Ministry investigative department, told RIA Novasti that “a large group of fraudsters are involved in the [diploma forgery] business, and much time is required to discover them...

Author: By Michelle L. Quach | Title: How Much is Your Harvard Degree Worth? | 10/17/2009 | See Source »

...from the church's old practices. "One of the big dirty phrases in Catholic education is 'It's a business,' " says Eriksen, who spent several years as a consultant for Catholic schools before becoming superintendent. "But at the end of the day, we are private-education providers. We charge tuition and offer a service in return, and a school run effectively is able to educate more people...

Author: /time Magazine | Title: Looking for Solutions to the Catholic-School Crisis | 10/12/2009 | See Source »

...schools have their own charterlike success stories, the most notable being Cristo Rey, a network of 24 schools focused on "breaking the sin of poverty." These schools have a unique program that requires students to work one day a week with a corporate sponsor in order to subsidize their tuition, which is kept as low as possible as a result of the labor...

Author: /time Magazine | Title: Looking for Solutions to the Catholic-School Crisis | 10/12/2009 | See Source »

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