Each year, millions of college students rack up student loans that won’t come due until they leave school. But even with financial aid, some students have trouble keeping up with the soaring costs of tuition, and once that debt ends up in the hands of a collection agency, the amount can mushroom out of control while the student is still in school. [More]
tuition
Huge Collection Fees Making It More Difficult For Cash-Strapped Students To Afford College
New York To Offer Free Tuition At Four-Year Public Universities
Hundreds of thousands of New York residents mulling the idea of going to college at a public university could soon enroll for free, as the state’s lawmakers passed a budget over the weekend that included a program that would allow students from middle- and low-income families to attend college for free. [More]
American Students Moving To Europe For Free College
With the average recent college graduate leaving campus with a diploma and $30,000 in debt, it’s no surprise that would-be-students are looking for ways to get an education without taking on such a financial burden. While they could opt to live in certain cities or states, or go to work for any of a number of the companies offering free schooling, many are moving… to Europe. [More]
$100M Grant Competition Aims To Expand Tuition-Free Community College Programs
In January 2015, President Obama announced a proposal that would make the first two years of community college free for some consumers hoping to further their education. Today, the White House revealed another step in making that goal a reality through a $100 million competitive grant program focused on expanding workforce training programs at community colleges. [More]
How Does JetBlue’s New Employee College Tuition Program Compare To Others?
Just like a 401k, health insurance, and other benefits, more and more companies are offering to pay for employees’ college education — or at least part of it — as a way to keep them on the payroll. Joining the increasingly growing list that includes Pizza Hut, Starbucks, Anthem Insurance, and Fiat Chrysler, JetBlue announced today that it would offer crewmembers a program to obtain a college degree. [More]
Pizza Hut Latest Company Offering To Help Send Employees To College
What do a car manufacturer, a coffee chain, a health insurance giant, and a pizza joint have in common? They all offer to foot the bill — or at least some of it — so their employees can further their education by obtaining a college degree. [More]
UPDATE: For-Profit Education Company EDMC Agrees To Pay $95.5M To Settle Fraud, Recruitment Violations
UPDATE: Education Management Corporation, the operator of for-profit college chains such as Brown Mackie College, Argosy University and the Art Institutes, will pay $95.5 million to settle claims it violated state and federal False Claims Act (FCA) provisions regarding its recruiting practices. [More]
Starbucks Expands Tuition Program To Cover Spouses & Kids Of Military Employees
Since announcing a tuition reimbursement program for its workers in June 2014 – and an expansion to cover four years of schooling – Starbucks has sent more than 4,000 employees on a path toward an online bachelor’s degree from Arizona State University. Now, the company plans to expand the offering once again: covering the full tuition for a spouse or child of a veteran or active-duty servicemember working for the mega-coffee chain. [More]
Brooklyn Law School Program Reimburses 15% Of Tuition For Graduates Who Can’t Find Work
There’s no guarantee that spending tens of thousands – or even hundreds of thousands – of dollars on higher education will pay off with a job in your preferred field. But instead of leaving graduates buried under piles of student loan debt and wondering why they wanted to practice law in the first place, one New York law school is putting its money where its mouth is, offering to repay portions of graduates’ tuition if they can’t find employment. [More]
House, Senate Introduce Legislation To Cover The Cost Of Community College
Back in January, the White House proposed a plan to help offset the increasing cost of higher education for millions of prospective students: Offer free community college. Yesterday, companion bills introduced in the House and Senate take that idea and make it a reality. [More]
Oregon Becomes Second State To Offer Free Tuition To All Graduating High School Students
Thousands of recent high school graduates in Oregon now have the chance to attend community college without the worry of accumulating loads of debt they may never be able to pay back, as lawmakers in the state recently approved a bill to establish the second program in the country to offer students help in paying for college. [More]
Health Insurer Anthem Offering Employees Free College
What do Fiat Chrysler, Starbucks and health insurer Anthem have in common? As of today, they each offer to foot the bill for their employees to attend college. [More]
Fiat Chrysler Offers Employees Chance For Free College Education At A For-Profit University
Providing the opportunity for employees to obtain a college degree is a worthy intention. Just as Starbucks announced in 2014 that it would finance the college dreams of workers around the country, Fiat Chrysler has unveiled a similar program today. There’s only one slight difference: the university that Chrysler has partnered with is a for-profit college. [More]
Starbucks Expands Tuition Reimbursement Program To Cover Four Years Of Online Schooling
After more than 2,000 Starbucks workers headed to college through the company’s tuition reimbursement program with Arizona State University, the mega-coffee company announced it wouldn’t leave those student high-and-dry after just two years. Now, the company plans to expand the offering to cover a full four years of tuition at the college for eligible employees. [More]
Report: Nearly Half Of College Students Don’t Know How Much Their Tuition Costs, If They Have Student Debt
Over the past year we’ve read a number of reports that shone a light on just how prevalent student loans are: nearly 40 million consumer have taken out at least one loan to pay for their education. Now a new report takes a look at just how much students actually understand about the cost of their education and student debt. And, as we all probably should have expected, the findings aren’t exactly pleasant. [More]
Tennessee Becomes First State To Offer Free Tuition To All Graduating High School Students
Earlier today, Consumerist reported on a town in Michigan that is footing the bill for recent high school graduates to attend public universities and community colleges. Little did we know that was small potatoes compared to a program brewing in Tennessee. [More]