Word: tuitions
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...Democrats' proposals to allow early IRA withdrawals to fund tuition or buy a first home, however, would complicate the now simple IRA, raise the potential for abuse and reduce the amount ultimately saved for retirement. Congress might better allow IRAs to be pledged as collateral on education loans and first-home mortgages. Any tinkering should focus on how to get people to put more into IRAs (perhaps by raising the $2,000 annual allowable contribution, even if the excess were not deductible) rather than on ways to let them take money...
...truth comes out. Harvard University is maybe possibly cooperating, colluding, conspiring, and concealing with 20 or 30 other Reputable Institutions of Higher Learning to raise our tuition rates...
...their children register for the new school year, most parents, like Kenner's, are willing to scrimp and sacrifice. But they are increasingly outraged at the platinum price tags. For nine years, hikes in tuition and other fees have averaged roughly twice the rate of inflation, boosting bills at elite private schools like Sarah Lawrence and Princeton to the edge of the $20,000-a-year mark. And the spiral shows no sign of stopping. By 2005, according to the investment firm Paine Webber, the price of a college education is likely to climb to $62,894 annually...
College administrators vehemently reject that accusation. Increasing tuition charges, they say, merely reflect their own increasing expenses. In particular, they cite soaring costs for building construction and maintenance; salary-inflating battles to woo and keep top-flight faculty members, especially in science and business; and the dizzying price of keeping up with technology, ranging from computerized card catalogs to the latest in lab paraphernalia. Hardware and faculty often go hand in hand: when Duke lured physicist John Madey away from Stanford, it promised to build a lab for his free-electron laser research. Cost: $5 million...
...fall tuition bills arrive, parents rage over skyrocketing prices, while schools blame their own soaring costs. -- How much is an Ivy degree worth...