Archives of Monthly News Updates
for a Time of Transition
College Degrees and Cost
September, 2008 - October, 2009
October, 2009
*
Recession Drives College Tuition Up Nationwide
Los Angeles Times 10/21
August, 2009
Brian Snyder / Reuters file
*
Fewer than a 5th of graduating college seniors have job offers
For Class of 2009, Degree Doesn't Mean a Job
MSNBC 8/21
July, 2009
*
Universities are making it harder for students to use credit cards
Charging Tuition Is Getting Costlier
USA Today 7/1
*
Financial concerns prevent students from attending their choice of
universities
Recession Forcing Seniors to Change Their College Plans
Dallas Morning News 6/29
June, 2009
*
Financial concerns prevent students from attending their choice of
universities
Recession Forcing Seniors to Change Their College Plans
Dallas Morning News 6/2
*
Higher income from college degree may not be worth loss in savings
or accumulation of debt
Is a College Degree Worthless? MSN Money 6/18
May, 2009
*
States chop
student loan relief
Recession Imperials Loan Forgiveness Program New York Times 5
/27
*
Without
jobs,
paying off $100,000 debt is tough
Student
Loans Are Crushing New Grads USA Today
5/13
* Only 20% of seniors graduating from college have
found employment, down from 50% this time last year.
Class of '09 Enters Sour Job Market ABC News 5/10
April, 2009
* Average
cumulative debt among graduating seniors reaches about $22,500
In
a Grim Job Market, Student Loans Are a Costly Burden
NY Times, 4/17
* Average credit card debt rises along with fees and tuition
College Students Using More Plastic to Stay Afloat
USA Today, 4/13
March, 2009
* Colleges open food banks a student struggle
financially
Students Get Crash Course in Economics
USA Today 3/1
February 2009
* Advanced degrees reduced to junk bond status
Is a GED More Valuable then a PhD?
Alternet 2/01
* Advanced degrees reduced to junk
bond status
Even BA's Applying
for Theme Park Jobs McClatchy 2/02
January, 2009
* Endowments plummet
26%
Colleges Adjust as Endowment Returns Plunge
USA Today 1/27
*Job market for
college-educated workers weakens
College
Degrees No Shield as More Jobs are Slashed, Washington Post, 1/4.
*
Alert!! Colleges encouraging gr
Banks Market Credit Cards to Students
New York Times
1/1
December, 2009
* Colleges face revenue crunch
Financial Crisis Sends Tuitions Sky High
Alternet, 12/31
*
The
middle class has financed the cost college through debt
College May Become Unaffordable for Most in the US
New York Times
12/3
November, 2009
* Student forced to borrow
more for college education; average debt upon graduation grows to $20,098
Students Dig Deeper to Pay for College
Los Angeles
Times,
11/11
*
College degrees no guarantee to higher pay.
Undergraduate degrees no longer seen as a path to the middle class
Wall Street Journal 10/08