Money Troubles. Kim Clark.
by Clark, Kim; ProQuest Information and Learning Company.
Series: SIRS Enduring Issues 2004Article 14Institutions. Publisher: U.S. News & World Report, 2003ISSN: 1522-3256;.Subject(s): College costs | Federal aid to higher education | Income tax deductions | Prepaid college tuition plans | Scholarships | Student aid | Student loan fundsDDC classification: 050 Summary: "Most parents haven't saved a penny for education--or for anything else--in recent years. In 2000, the average gap between a college's financial aid offer and a family's ability to pay was about $3,000. Since then, tuition at public universities, for example, has risen an average of 21 percent and shows every sign of continuing to outpace inflation. Meanwhile, more than 2 million Americans have lost their jobs. And the stock market collapse has erased 42 cents of every dollar in the market in 2000, a whopping $8 trillion. With fewer resources to meet those higher costs, families can expect the gulf between the cost of a college education and what they can afford to pay to grow even more." (U.S. NEWS & WORLD REPORT) This article provides some strategies for meeting the high cost of a college education.| Item type | Current location | Call number | Status | Date due |
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High School - old - to delete | REF SIRS 2004 Institutions Article 14 (Browse shelf) | Available |
Articles Contained in SIRS Enduring Issues 2004.
Originally Published: Money Troubles, May 5, 2003; pp. 53+.
"Most parents haven't saved a penny for education--or for anything else--in recent years. In 2000, the average gap between a college's financial aid offer and a family's ability to pay was about $3,000. Since then, tuition at public universities, for example, has risen an average of 21 percent and shows every sign of continuing to outpace inflation. Meanwhile, more than 2 million Americans have lost their jobs. And the stock market collapse has erased 42 cents of every dollar in the market in 2000, a whopping $8 trillion. With fewer resources to meet those higher costs, families can expect the gulf between the cost of a college education and what they can afford to pay to grow even more." (U.S. NEWS & WORLD REPORT) This article provides some strategies for meeting the high cost of a college education.
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