Cost of Education

  • Is the Cost of College Scaring You? [Infographic]

    Beth Dumbauld

    Does the cost of college scare you? This infographic provides a visual guide to everything that may spook you about going back to school, and offers up some tasty treats to help you get started on an affordable college degree path. It compares the cost of college between different school types, shows the impact that debt has on college students, and offers up an innovative solution to help you get real savings on your college degree. Ready to get started? Sign up for a free trial today! Embed the above image on your site <a href="www.straighterline.com/blog/college-cost-infographic/"><img src="https://www.straighterline.com/wp/wp-content/uploads/2014/10/Halloween_Infographic_2014_small.jpg" alt="Is the Cost of Colleg ...

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  • You Can Control The Cost Of College

    Barry Lenson

    At state schools, tuition continues to rise. It does at exclusive private colleges too – the schools with immense endowments. Dartmouth College, for example, had a $3.9 billion endowment in 2012. Tuition there hovers at $45,000. Dartmouth also gives financial aid to 57% of its students, according to data on About.com. Instead of quoting a hefty tuition fee and then requiring only 43% of students to pay it, why doesn’t a school like Dartmouth simply lower tuition for everybody? That would make more sense than what they are doing, right? Yet there are good reasons why colleges won’t do that. For one thing, a certain number of college students come from families that are able, maybe even eager, to pay full tuition. Then there ...

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  • How Much Do Elite Colleges Really Want Low-Income Students?

    Barry Lenson

    “Elite Colleges Differ on How They Aid Poor,” an article by Richard Pérez-Peña in The New York Times on July 31st, sheds some harsh light on how hard top colleges are really trying to recruit students who come from low-income households. “With affirmative action under attack and economic mobility feared to be stagnating,” writes Pérez-Peña, “top colleges profess a growing commitment to recruiting poor students. But a comparison of low-income enrollment shows wide disparities among the most competitive private colleges. A student at Vassar, for example, is three times as likely to receive a need-based Pell Grant as one at Washington University in St. Louis.” Pérez-Peña uses a simple yardstick to compare different coll ...

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  • Act Today to Reduce the Cost of Your College Education

    Barry Lenson

    [caption id="attachment_4401" align="alignright" width="270"] Burck Smith, StraighterLine founder and CEO[/caption] Many forward-thinking educators are predicting that big changes are coming soon for American colleges and universities. As competition increases between traditional colleges and providers of online courses, for example, the cost of college could actually fall. That’s only one change that could be in the offing. If you want to know more, take a moment to read this excerpt from testimony that StraighterLine’s founder and CEO, Burck Smith, gave before Congress on July 9th, 2013 . . . “In higher education, accreditation, and the public subsidies to which it is tied, make it difficult for course-level competition to ...

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  • How to Save Money on College Expenses

    Barry Lenson

    Reporter Megan Kowalski interviewed personal finance consultant Hitha Prabhakar for USA Today recently, and came up with some excellent strategies for cutting college costs. If you’re heading to college soon, you’ll want to check out Kowalski’s article for yourself. Some of Prabhakar’s winning strategies include: using used furniture and textbooks . . . buying supplies as you need them instead of in one pop . . . ditching your car . . . taking a roommate . . . completing AP classes in high school to knock them off ahead of time.  Those are all good ways to cut expenses. But because we’re StraighterLine, we have some other ideas too. The biggest one is to complete most of your core curriculum courses online at StraighterL ...

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