College tuition rates rising

2010-10-31 22:45:08 (GMT) (WiredPRNews.com - Press Releases)

10/29/2010 // US // TiffNews10 // News Desk

U.S. – College tuition rates seem to be on the rise. As reported by the Associated Press (AP), two recent reports show that costs for college tuition rose this fall, and experts anticipate that higher costs are likely amid a string of state budget cuts.

Molly Corbett Broad, president of the American Council on Education, is quoted by the AP as stating of the issue, “Just when Americans need college the most, many are finding it increasingly difficult to afford.”

As noted in the report, a growing number of students and their families are relying on federal aid to help pay for their college education. Sandy Baum, a senior policy analyst for the College Board and a Skidmore College economics professor, is further quoted by the AP as stating of the support from the expansion of federal aid programs, “Despite the fact sticker prices have gone way up, there is so much grant aid out there that many students are really paying less than they did before.”

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