You know it was coming with the shape that the economy is in. Most Colleges and Universities are saying that Students and Parents should brace for an increase in student aid. Not just any increase, but one of the largest increases in recent times.
For example, New York Students are already feeling the pinch as State colleges did a mid-year price increase on tuition. The cost of the increase was a huge 14%. One of the largest increases in the Country.
Florida and California students can expect to see increases in their State’s tuition cost by as much as 10%.
And what’s worse, many of these Colleges are also cutting back on benefits that were once a part of the Tuition cost. So not only are the Students or Parents paying more, they’ll be getting less for their money.
It’s a crying shame really. Politicians go on and on about increasing financial aid for students yet they do nothing to help actually curb the cost of College itself! All they can think of is spend, spend and spend some more. No wonder our Country is in the shape it’s in. It seems the last two Presidents just want to throw money at our problems and our elected officials are more than happy to go along. Their only disagreement seems to be whether the R or D gets the credit!
So now not only is it going to be harder to get the same amount of financial help as it was before, the actual cost for Parents are going to go up as well. Parents or Students will have to come up with more money in order to meet their financial needs at college.
Student aid increases can be seen across the board. The most shocking increase though looks like it will be at Community and Technical colleges. These have always been a low cost alternative for many students, but the greatest increase in College cost looks like it will hit these schools hardest.
If you’re planning on attending a technical school or community college in the future, you had better start planning and saving now. Don’t wait. Start applying for student loans for community colleges as soon as your elgible. You’ll also want to look at any grants or scholarships that may be available to your or your family. This will be the time you want to look high and low for all the student aid you can find.
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Tagged With community college, financial aid for community college, student aid, student aid increases, Student Loans
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