The university’s chancellor, Charles B. Reed, has directed all 23 campuses not to allocate about $90-million in state university grants to graduate students for the 2012-13 academic year.
Infographic: What’s the real cost of college?
Too bad you’re in $30,000 worth of debt and no job. It may seem sucky right now, because well, it is sucky. You might be thinking, “Man, going to college was such a waste of money. I bet I could used that money for way better things.”
Study shows cheating could be caused by income inequality
According to Clemson University’s International Center for Academic Integrity, more than half of college undergraduate students admit to cheating.
Community college graduate rate also effects economy
Low graduation rates at community colleges also have a negative effect on the lifetime earnings of students, and on the treasuries of state governments
Student loan interest could double if Congressional bill fails
The interest rate on subsidized Stafford loans is set to double from 3.4 percent to 6.8 percent on July 1, increasing the average debt by $2,800 for the more than 7 million students receiving the loans.
Senior citizens hold 4.2 of student loan debt
Two million seniors in the U.S. who are age 60 and over have student loan debt, according to the Federal Reserve Bank of New York. These seniors owe 4.2 percent of all student loan debt, or $36.5 billion in student loans.
UC Berkeley to host economic “teach-in”
The event will analyze the issues surrounding the current economic climate and will feature public policy professor and former U.S. Secretary of Labor Robert Reich and political science professor Paul Pierson.
UC hesitant over proposed funding plan
The UC Board of Regents seem hesitant toward the multi-year funding model tied to the governor’s tax initiative – a plan UC administrators have been negotiating with Sacramento for several months.
U.K. students put ads on faces to pay off debt
Ross Harper and Ed Moyse, who owed a combined $80,000, launched BuyMyFace.com in October 2011 and have since been selling their faces as ad space to companies for hundreds of dollars a pop.
Illinois to keep faculty tuition benefit
Legislation in Illinois that would have ended a prized faculty benefit—tuition discounts for the children of faculty and staff members at public universities—has died in the state legislature.