Word: tuition
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...even leaving it up to parents to decide what they can afford. In New York City, overnight YMCA camps have started a tiered-payment system in which parents essentially use an honor code to determine whether they need to get up to a $400 discount on the $1,397 tuition for the two-week sessions. As of June, 43% of enrollees had opted to pay the full amount, 13% took $200 off and 44% took all $400 off. (Read "Recession Shopping: 10 Things to Buy Right...
...much college costs, at least we can try to fix how you pay that cost back. "There's clearly a lot of work to do in bringing down the cost of college," says Edie Irons, spokesperson for the Project on Student Debt. "But even if you froze college tuition at every institution tomorrow, you'd still have this problem where people are borrowing incredible amounts of money to take important jobs that may not pay very well...
...slashing its full-time faculty by 11 percent over two years, hiking tuition, stepping up fundraising efforts, and slicing administrative budgets by 5 to 15 percent, HKS managed to dramatically eliminate its deficit in a short amount of time. By 2004, the School had achieved a $1.1 million surplus, and in 2005, it recorded a $3.6 million surplus...
...financial commitment to the initiative—reflecting a tradition of decentralized decision-making at Harvard that current leaders have often sought to curtail.The recently-approved Yellow Ribbon Program—part of a new G.I. Bill that promises to pay up to the maximum in-state public undergraduate tuition rate for veterans who have served at least three years after 9/11—allows institutions to enter into agreements with the Department of Veterans Affairs to pay up to half of the remaining tuition expenses with the VA matching that funding.While Harvard Law School and the Graduate School...
...things are driving that figure down. First, people are paying off debt - which goes hand in hand with their not spending money on as many new things. In April, outstanding consumer credit - which includes credit cards, auto loans and tuition-financing but not mortgages - fell by $15.7 billion to $2.52 trillion, an annualized drop of 7.4% and the second largest dollar drop on record, after March's $16.6 billion decline. Numbers from April show that people are now saving 5.7% of their disposable income, the highest rate in 14 years. Second, people are shirking their obligations. According to the Mortgage...