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Paying for College
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Student Loan Rate Set to Double
(picture from flickr user thomashawk)
Falling state contributions to higher education explain just part of tuition rise
"arrow" by flickr user alan berning, cc license In the past few years, many reports have come out about how state funding for colleges have decreased significantly. While this is a multi-year trend, it was exacerbated by the recession. Some states budgets haven't looked the same since; Louisiana (-34.4%), Arizona (-24.4%), and Nevada (-21.8%) still remain far below their pre-recession higher education funding levels. These reports often link these cuts in higher education funding to higher tuition costs. This is almost certainly true, but it leaves out a key part of the story.
The Best Colleges that Meet Full Student Need
pic on cc license from flickr user 401(k)2013 U.S. News and World Report has a list out of the schools that meet full financial need. The quality of schools available to students may surprise you.
Federal Student Loan Default Rate Rises to 10%