Word: tuition
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Credit cards. Retirement funds. Home equity. All should be last resorts for families seeking funds to pay for college. But amid the current credit squeeze, a new poll indicates many parents and students are making these less-than-brilliant financial moves to pay for tuition...
...would confuse Hefei Artillery Academy with Peking or Tsinghua universities, the Harvard and MIT of China. Yet parents had to pay about $1,250 in annual tuition plus a $5,400 "special fee" just to get their child into the academy. In a poor province like Anhui, that's serious money. Nor was the incident in Hefei isolated. Over the past two years, students attending at least four other colleges across China have rioted, claiming to have been misled about the degrees they were supposed to receive...
...Fully trained therapists offer four kinds of massage - starting at a bargain $15.90 - and there are massage-and-meal packages (one, the Tuesday Supper Club, features a 90-minute massage followed by dinner at Stein's villa for $100). There is also a daylong class for visitors that includes tuition, some yoga, lunch and a 90-minute knead at the end of the day - all for $170. For more information, see www.jarimenari.com...
...Less time on campus most likely won't mean a break on tuition. While Northwestern has not yet set the costs for its two-year program, administrators have hinted that fast-track students will be paying somewhere around the $128,016 that students shell out over the course of three years to get a J.D. "We generally charge by the degree rather than the time served," says Van Zandt. "The real savings will be the extra year of salary students make by getting out into the marketplace faster." That's around $150,000 and up for most Northwestern Law grads...
...better lawyer for the next 50 years with that investment," says Geoffrey Stone, law professor at the University of Chicago. Indeed, the one clear winner in the accelerated approach may turn out to be the school. With its new two-year program, notes Stone, "Northwestern gets more tuition with less teaching...