Arab Today, arab today us public college tuition rises due to cuts in state funding
Last Updated : GMT 05:43:04
Arab Today, arab today
Arab Today, arab today

U.S. public college tuition rises due to cuts in state funding

Arab Today, arab today

Arab Today, arab today U.S. public college tuition rises due to cuts in state funding

Washington - Xinhua

Tuition and fees at U.S. public universities and colleges have increased more than 8 percent in the 2011-2012 academic year as a weakened economy and severe cuts in state funding took their toll, a report released on Wednesday said. In-state residents pay average 8,244 U.S. dollars in tuition and fees for public four-year universities and colleges, up 8.3 percent from last academic year, while out-of-state residents pay average 20,770 dollars, up 5.7 percent, according to the report released by the non-profit College Board. Public two-year schools charged in-state residents an average of 2,963 dollars in the 2011-2012 academic year, up 8.7 percent, the report added. The report said that this is the fifth consecutive year that the increase in average tuition and fees at public four-year universities and colleges was higher than their nonprofit private counterparts. About 80 percent of U.S. undergraduates attend public universities and colleges. The increase in college tuition is more than double the inflation rate of 3.6 percent between July 2010 and July 2011, during which U.S. family earnings dropped across all income levels. State funding per student declined by 4 percent in 2010, the latest year available, and 23 percent over the past decade, the report said. But a rise in federal student aid, including tax credits and deductions, helps ease the impact for most families. About two-thirds of U.S. undergraduates receive grant aid, which averaged 6,539 dollars last year, and average federal loans averaged 4,907 dollars. Borrowing by students and parents increased about 2 percent, according to the report. President Barack Obama on Tuesday unveiled steps to accelerate a plan to ease loan burdens of cash-strapped college graduates squeezed by a tough economy and a grim job market. The plan, which will be effective next year instead of in 2014, will cap monthly payments of student loans for more than 1.5 million current college students and borrowers at 10 percent of their income. It will also forgive the balance of their debt after 20 years of payments, rather than 25 years under the current law.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us public college tuition rises due to cuts in state funding Arab Today, arab today us public college tuition rises due to cuts in state funding

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us public college tuition rises due to cuts in state funding Arab Today, arab today us public college tuition rises due to cuts in state funding

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Education: جامعات عالمية
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 23:13 2017 Sunday ,18 June

New ransomware virus attacking mobiles in Oman
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday