Less free money for college students
October 25th, 2006 Stewart Posted in Uncategorized |
Jobs, News and Views for All of Higher Education - Inside Higher Ed :: Pell Grants Down, Tuition Up
The biggest surprise here is the dip that Pell is taking. With tuition and related college expenses going up across the board, all this can do is increase reliance on student loans to fill the gap.
More of the Big Black Wall of Reality that I refer to in my Millennials talks: less money for college increases the expectations of Mils to find top-dollar jobs when they enter the workforce, all while the U.S. ships more jobs overseas (including an expected 500,000 IT jobs) and Boomers continue to push retirement back. Something has to give…
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