The latest news on the college financing front reflects broader uncertainty in the U.S. economy today, and shows how problems in the credit markets are making it tougher for families to meet even high-priority expenses like college tuition.
First up, Wall Street. Bloomberg reported last week that Morgan Stanley froze the home-equity lines of credit (HELOCs) [...]
08 Aug, 2008
Posted by: Jonah In: College Savings
The New York Times recently looked at how some of the nation’s wealthiest colleges are spending their endowments.
They cite Berea College, a Kentucky school that only accepts students from low-income families and provides a small, private-college education without the small, private-college cost. Students pay no tuition, earning their bachelor’s degree without incurring dollar one in [...]
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