The New York Times recently updated their breakdown of college costs and debts, revealing that for-profit schools are not the only bad guys in this troubled economy. Data shows that the stigma associated with high-debt from for-profit schools is not spreading to all colleges and universities. My Colleges and Careers understands the high cost of completing an education and has created a website to help individuals learn more and remove the stigma associated with online schools.
The New York Times recently updated their breakdown of college costs and debts, revealing that for-profit schools are not the only bad guys in this troubled economy. Data shows that the stigma associated with high-debt from for-profit schools is not spreading to all colleges and universities. My Colleges and Careers understands the high cost of completing an education and has created a website to help individuals learn more and remove the stigma associated with online schools.
Looking at debt only, in 2010 the majority of students—51 to 75 percent, to be exact— graduated school with debt. The debt ranged from the low thousands to 45 thousand. There were several factors The New York Times used to break down the data about school debt. First, they analyzed the difference between public and private schools. The consensus was that private schools not only charged significantly higher tuition, but not surprisingly, students were highly likely to graduate with more debt than those in public schools.
According to The New York Times, “a college degree statistically remains a good lifetime investment, but it often comes with an unprecedented financial burden.” As the cost of education continues to increase, many students are looking for an alternative means to complete their education. Many people have placed a stigma on online colleges associating them with exorbitant tuition costs. This is now an outdated view in light of the high debt levels traditional college graduates are now accumulating. My Colleges and Careers has created a website that will help those seeking online degree programs to understand the costs, both monetary and time-related.
Website tools such as the “Find School Now” widget will allow for fast and easy connection with online colleges that offer degrees in a student’s area of choice. Online courses make it possible to reduce costs in travel as well as provide flexibility for an already full schedule. As the cost of education rises in all educational venues, My Colleges and Careers is prepared to help individuals find the best, most cost-effective, means of earning a degree. As The New York Times states, college is still considered one of the best lifetime investments available to individuals.
see full article: http://www.prweb.com/releases/2012/TimesCollegeDebt/prweb9529673.htm
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Higher education students and their parents are racking up debt: some qualified students find themselves without access to public universities. Access, affordability to University of California Berkeley is farther and farther out of reach. UC Berkeley Chancellor Robert J Birgeneau is outspoken on why elite public universities, like Cal, should charge Californians much more. With Birgeneau’s leadership number 1 ranked Harvard is less costly (all in costs) than Cal. Chancellor Birgeneau’s charge much more tuition to Californians makes Cal. the most expensive public higher education in our country!
Birgeneau ($450,000 salary) likes to blame the politicians, since they stopped giving him every dollar expected. The Chancellor’s ‘charge Californians more’ tuition skyrocketed fees by an average 14% per year from 2006 to 2011-12 academic years. If Birgeneau had allowed fees to rise at the same rate of inflation over the past 10 years they would still be in reach of most middle income students. Increased funding is not Cal’s solution.
Public UC Berkeley is to maximize access to the widest number of California students at a reasonable cost with a mission of diversity and equality of opportunity. Birgeneau’s and Provost George Breslauer’s ($306,000 salary) ‘charge Californians more’ tuition denies middle income Californians the transformative value of Cal’s higher education.
A sad unacceptable legacy for politicians, parents, and children.
Opinion to: UC Board of Regents marsha.kelman@ucop.edu and Calif. State Senators and Assembly members.