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State and Private Funding of Higher Ed Increase
State funding for higher education increased by over 8% in the current fiscal year, while charitable donations to US colleges and universities rose by 7%. What remains to be seen is how much benefit trickles down to students once inflation factors in.
Is College Tuition Going Up Next Year?
The COVID pandemic has had a significant impact on higher education both in terms of enrollment and budgets. With federal stimulus pumping almost $40 billion into higher ed, we’re in uncharted water when it comes to forecasting future tuition cost trends.
Unemployment for Degree Holders
The most recent unemployment figures from the Bureau of Labor Statistics once again reinforce the value of a college education. While the overall unemployment rate was 13.3% nationally in May, the rate for those with only a high school diploma was 15%. The unemployment rate for those with at least a bachelor’s degree was less than half that, 7.2%.
Community College as a Pathway to a Four-Year Degree
Community colleges are often promoted as a great way for students to start on the path to a four-year degree: they’re lower cost than four-year colleges and it’s more likely the student can live at home to save additional money.
Unemployment Rates
With college tuition increases outpacing inflation by a substantial margin, it’s normal to ask whether a college degree is worth the cost. One metric for determining that is whether a degree results in lower unemployment.
How America Saves for College - 2018
Insights from Sallie Mae’s 2018 How America Saves for College report.
College Savings and Education Outcomes
Did you make a New Year’s resolution to save (or save more) for college? If so, you may be increasing the odds that your student will attend and graduate. Research shows that, across income levels, students who have savings designated for college are more likely to attend and graduate.
Trends in College Pricing
The College Board’s annual Trends in College Pricing report came out recently and as always, includes some fascinating data.
Getting the most out of your college experience is more about the experience than the college. In fact, research has shown that six specific college experiences translate to long-term well-being.