Word: tuitions
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...UMass system, and particularly its Amherst campus, is one of America’s leading public universities. It offers a quality, affordable education to Massachusetts residents and out-of-staters alike. These budget cuts, combined with recent tuition increases that will raise the cost of attending UMass-Amherst to $11,000 a year for Massachusetts residents, are the first steps towards compromising UMass’ hard-earned reputation...
...Amount the average U.S. college student owed in tuition debt at graduation...
...Amount nearly half of all college-tuition debtors owed in credit-card debt that same year...
...wealthiest Harvard students, whose parents make substantial incomes, the tuition increase will pose no problems. Likewise, for the least wealthy Harvard students, increased financial aid will absorb the costs of the hike (even if it may leave them with a larger work-study requirement or greater post-college debt). But for the rest of Harvard’s students, whose parents make too much to see the costs absorbed by aid and too little for the costs to be an inconsequential expenditure, the tuition hike will be a real burden. Feeling the pinch of the recession, members of the middle...
...conservative financial policies stem from a desire not to “erode the value of the endowment.” But when compared to extensive beachfront that is Harvard’s financial holdings, the amount of money that it would take to avoid raising tuition equals but a few grains of sand. If every student paid the additional $1,681, it would bring an extra $10.7 million to FAS next year. But, given that some students on financial aid will not have to pay these costs, the real value of the tuition hike will be somewhat less. Still...