Education

5:29am

Fri April 11, 2014
Paying For College

Paying Off Student Loans Puts A Dent In Wallets, And The Economy

Originally published on Fri April 11, 2014 7:38 am

Student loan debt forces many young adults to make hard choices about how they spend their money — and can prevent them from making investments that will pay off down the road.
David Sacks Getty Images

Weighing in at more than $1 trillion, student loan debt is now larger than total credit card debt. Morning Edition recently asked young adults about their biggest concerns, and more than two-thirds of respondents mentioned college debt. Many say they have put off marriage or buying a home because of the financial burden they took on as students.

Read more

5:53am

Thu April 3, 2014
Paying For College

First Test For College Hopefuls? Decoding Financial Aid Letters

Originally published on Thu April 3, 2014 8:43 am

Colleges send each prospective student a letter detailing a financial aid award package — but many families say the letters are difficult to understand.
iStockphoto

Around the country, millions of parents of prospective college freshmen are puzzling over one big question: How will we pay for college?

The first step for many families is reviewing the financial aid award letters they receive from each school. But often those letters can be confusing. Some are filled with acronyms and abbreviations, others lump scholarships and loans together. And because they're often very different, they're also difficult to compare.

Read more

4:10am

Wed April 2, 2014
Paying For College

Changing The Face Of Astronomy Research

Originally published on Wed April 2, 2014 11:04 am

Students from CUNY's AstroCom NYC program meet for a weekly class at the American Museum of Natural History in New York City. Dennis Robbins, an associate professor of science education at CUNY's Hunter College, teaches Betsy Hernandez (from left), Jaquelin Erazo, Ariel Diaz and Mario Martin.
Beth Fertig WNYC

Shooting for the stars is expensive.

Advanced sciences like astronomy require years of study and graduate degrees. And the soaring cost of college can be a heavy obstacle for low-income and minority students hoping to break into those fields.

A program at the City University of New York hopes to lift that burden by providing scholarships and one-on-one mentoring to underrepresented students.

Read more

5:56am

Thu March 27, 2014
Paying For College

Senator Warns Of A Student Loan Bubble

Originally published on Thu March 27, 2014 7:32 am

Sen. Tom Harkin, D-Iowa, presents a Senate report on for-profit colleges in 2012. He wants changes to the federal student loan system.
J. Scott Applewhite AP

Each year, the federal government provides more than $150 billion in grants and loans to help students pay for college. And while a bachelor's degree has become increasingly valuable, young people are taking on record levels of debt to earn that degree.

Read more

5:33am

Tue March 25, 2014
Education

Maze Of College Costs And Aid Programs Traps Some Families

Originally published on Tue March 25, 2014 10:11 am

iStockphoto

In the past 20 years, the average burden for a four-year college graduate in the U.S. has gone from about $9,000 to nearly $30,000 today. The percentage of students carrying debt has shot up from less than half to nearly 70 percent these days.

At a large public high school in Freemont, Calif., southeast of San Francisco, Alyssa Tucker and Thao Le sit on a metal table. Both come from families with modest incomes.

Read more

Pages