affordability
October 27, 2011
As Expected, Federal Loan Borrowing Has Increased
The US Department of Education’s Stats in Brief from October 2011 entitled “Borrowing at the Maximum” investigates the percentage and demographics of students who take out federal subsidized and unsubsidized Stafford loans, and how this has changed over time. The report also seeks to differentiate between those who take out the program maximum loan amount…
September 15, 2011
New Report Shows Strategic Budget Cuts in Higher Ed
The Delta Cost Project has published its latest Trends in College Spending report. This year’s version reports on revenue and spending trends in higher education from 1999 to 2009, the latest year of IPEDS data available at this time. As such, this version includes the first year of the recession’s impact on higher education finances….
September 7, 2011
Higher Ed Budget Cuts in WA Among Highest in the US
The American Association of State Colleges and Universities’ (AASCU) July 2011 State Outlook confirms that most states cut higher education spending for fiscal year 2012. For some states, this is the third or even fourth consecutive year of higher education spending cuts. Also unsurprising, AASCU identifies the 23 percent funding cut for higher education in…
August 4, 2011
A New Measure for College Success?
Education Sector, an education policy think tank, recently released a report entitled “Debt to Degree,” which measures the ratio of student and parent, government-backed loans taken by students to the number of credentials awarded by an institution per year. Based on this, the report concludes that: Across all institutions and sectors, for each degree awarded…
August 3, 2011
Low Debt to Income Ratio for College Grads in WA
Kiplinger has released a map showing average student debt versus average income across all fifty states, as well as categorizing institutions they have identified as the most expensive and the ‘best values’. The UW comes in as the 10th best value public institution in the nation for 2010-11. The map illustrates that Washington state students…
August 1, 2011
PELL Grant Program Left Intact For Now.
If the US House and Senate approve the debt deal that the Obama Administration and Congressional leaders seem to have worked out over the weekend, the Pell Grant Program will remain intact. Although PELL had been targeted for significant cuts, the deal leaves the current maximum grant at $5,550, and retains the in-school interest subsidy…
July 21, 2011
UW Remains More Affordable Than Most Peers
As of July 15, all UW Global Challenge State Peers had approved resident undergraduate tuition increases for the upcoming 2011‐12 academic year. See the latest OPB brief for details. Despite implementing a 20 percent tuition increase for resident undergraduates, the University of Washington, which has consistently ranked as the least expensive among the GCS peers,…
July 11, 2011
Spending on Financial Aid Increases in Most States
The National Association of State Student Grant and Aid Programs (NASSGAP) has published their Annual Survey Report on State-Sponsored Student Financial Aid. The new report, based on 2009-10 survey data, shows that while state support for institutions has fallen rapidly for several years, many states have increased their commitment to students via financial aid. On…
July 6, 2011
UC Likely to Raise Tuition Again
Having already increased tuition by 8 percent for the upcoming academic year, UC Regents are expected to consider an additional 10 percent increase due to the Governor’s failure to win extension of various temporary tax measures in California. As a result, the overall cut to the University of California has been increased from $500 million…
July 5, 2011
US Department of Ed Publishes College Affordability Data
When Congress renewed the Higher Education Opportunity Act in 2008 it contained some significant revisions, including new mandates to increase transparency around the issue of college cost and affordability. As a result, all institutions were required to develop and publish some form of a ‘net cost calculator’ that could help a prospective student get a…
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