Word: tuition
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...unidentified man who characterized the interaction between Pitino and an unnamed woman as criminal. The caller later threatened to notify the media. Pitino said he then met with Sypher and her husband and asked what she wanted. Karen Sypher wrote out a list of demands, he said, including college tuition for her children, two cars, a house paid off and $3,000 per month, plus another $75,000 if Pitino left the university. Tim Sypher delivered the list to Pitino on March 6 in West Virginia, where Louisville had a game to clinch the Big East regular season championship...
...deposits are tallied over the coming weeks. But in a tiny corner of Kentucky, one little college is doing just fine. Berea College is on track to yield 78% of the students it accepted this year - and thereby beat Harvard's 2008 haul. The school's secret? Free tuition. (See TIME's photos inside a public boarding school...
...Berea, which was founded in 1855 as the first integrated college in the South, all 1,530 students work at least 10 hours a week in a campus or service job, earning $3.80 an hour and four years of free tuition. Eighty percent of the school's operating costs are funded by its endowment and the rest comes from donations, a tough combination these days: the school announced on Friday that it would lay off 30 employees, or 5% of the staff. Berea did not, however, back off from its commitment to offering a free education, and this year...
...chance of enrolling an applicant who gets between 660 and 800 is only 40%. Case in point: Bagnoli says he received a call on May 1 from a parent who reported that his daughter had gotten into Stanford, where her financial aid would cover four years of tuition, room, board and fees as well as a travel stipend. "They didn't know how they could pass up the opportunity," Bagnoli notes. (See how to learn from Ivy League professors for free...
...Numerous studies have arrived at the same conclusion: namely, that it pays to go to selective schools. Harvard economist Caroline Hoxby found that students at elite universities can expect to earn back the difference in cost between the tuition at their first-rank private institution and a third-rank public institution more than 30 times over the course of their careers. Ronald Ehrenberg, a Cornell University economist, also found compelling evidence of a significant economic return to attending a private university: a premium that the data suggests has increased over time...