Yup, $190 BILLION for wars, and LIP SERVICE on the 'education."
"College Costs Outpace Inflation Rate" by JONATHAN D. GLATER
[As if you aren't paying enough for rent, gas, food, health care, and every thing else, right, Amurkn!
But, but, but, SCHOOLS are supposed to be GOOD?!]
Tuition and fees at public and private universities have risen this year at more than double the rate of inflation, with prices increasing faster at public institutions, the College Board said in reports released yesterday.
[So the PUBLIC is getting FUCKED MORE than the richers?
Will this shit NEVER END?!
Only when we hang them, I guess!]
These increases in the cost of higher education continue to drive up the amount that students and families borrow, with the fastest growth in private loans, the reports found.
[They are gonna get their $$$$ from anywhere they can get it!]
Tuition and other costs, not including room and board, rose on average to $6,185 at public four-year colleges this year, up 6.6 percent from last year, while tuition at private colleges hit $23,712, an increase of 6.3 percent. At public two-year institutions, average tuition and fees rose 4.2 percent to $2,361.
Last year, tuition and fees at public institutions rose 5.7 percent; at private ones, 6.3 percent and at public two-year institutions, 3.8 percent.
Sandy Baum, a co-author of the report who is a senior policy analyst for the College Board and a professor at Skidmore College, told reporters at a news conference yesterday:
“The average price of college is continuing to rise more rapidly than the consumer price index, more rapidly than prices in the economy. [The prices] are probably higher than most of us want.”
Those price increases reflect increases in the sticker price that colleges advertise, though, Ms. Baum said, the average student does not pay that full amount.
[Yeah, so you are only getting gouged a little less, kiddo!]
At public universities, the average student gets about $3,600 in grants and tax benefits, lowering the actual cost to around $2,600. At private institutions, aid totals about $9,300, bringing the cost to $14,400.
[The grants are disappearing, and WTF is the kid gonna do with a TAX CUT?]
But even the net price, after taking into account grants and other forms of aid, is rising more quickly than prices of other goods and than family incomes.
[Yeah, the schools are gonna get THEIR CHUNK of CHANGE out of you, too, Amurkn!
That's why you have to buy SHIT to EAT!]
In recent years, consumer prices have risen less than 3 percent a year, while net tuition at public colleges has risen by 8.8 percent and at private ones, 6.7 percent.
[It's known as PRICE-GOUGING!]
The changes in tuition at public institutions closely track changes in financing they receive from state governments and other public sources, the report found.
[Yeah, that's being cut back, so YOU, Amurkn public, must MAKE UP the DIFFERENCE!]
When state and local support for public colleges declined over the last seven years, tuition and fees rose more quickly, and as state support has grown of late, the pace of increases fell, it said.
David Ward, president of the American Council on Education, said in a statement released by the College Board:
“We hope that state governments — which really set tuition prices at most public colleges and universities — will do their part to reinvest in higher education.”
[I wouldn't hold my breath waiting, sir.
We need that $$$$ for the WARS!!!!!!!]
Private loans, those not guaranteed by the federal government, continued to be the fastest-growing form of borrowing, totaling more than $17 billion in the 2006-7 academic year. In the same period, students and their families borrowed $59.6 billion in federally guaranteed loans.
[Ain't gonna help you with the house, the kid's health care, or the kid's schooling, but we got PLENTY for the WAR CONTRACTORS and PROFITEERS!
How's that shit taste, Amurkn?]
The report also included data on loans by full-time students at for-profit institutions, finding that in 2003-4, they took out an average of $6,750 in loans, approaching the $7,320 borrowed by students at private colleges and exceeding the $5,390 borrowed by those at public four-year institutions and $3,180 at public two-year ones.
[Yup, go DEEP into DEBT for a DEGREE you WON'T BE ABLE TO USE!!!!
Good move, kid!]
Robert Shireman, executive director of the Project on Student Debt, a nonprofit organization financed largely by the Pew Charitable Trusts:
“College officials tell us not to worry because there’s plenty of financial aid, but that aid is clearly not going where it’s needed, because student debt is up by an even greater margin than tuition — an 8 percent increase from 2005 to 2006, by our accounting.”
[Quit charging the XBox and the video games, kids!!!!]
The report prompted Representative George Miller, Democrat of California and chairman of the House Committee on Education and Labor, to pledge to try to “rein in” tuition increases. Mr. Miller added, “Making college more affordable and accessible for all qualified students is a top priority.”
[Why? So the kid can try and teach American history in a Fascista country?]
Last year the average Pell grant, the federal government’s grant to the neediest students, declined for the second year in a row, after taking into account the effects of inflation. Ms. Baum, the economist, said she expected that decline to stop because Congress recently enacted increases in the maximum amount of the grant, which held constant at $4,050 for four years but will rise to $5,400 over the next five years.
[Must have needed the money for WAR!
As for the increase, I'll believe that when I see the check!]
The College Board’s study drew on responses from 2,976 institutions to questionnaires sent out last October, as well as government agencies and organizations like the National Association of College and University Business Officers.
According to the study, the cost of room and board has also continued to rise and at many public colleges dwarfs actual tuition.
[That's right!
Make the kid and parents pay an arm and a leg for a great experience that all students should have!
Gonna cost ya to get rid of the kid, parents!
Better CHUG all the BEER you can, kiddo, to make the price worth it!!!!]
At four-year public institutions, tuition, room and board on average now total $13,589; at private colleges, $32,307.
[HOLY SHIT!
More than half my year's pay would go to shacking up the kid?
And private school? That's MORE than I make in a YEAR!!!
This country is ILL, folks!
SICK with GREED!!!!!!!]
Ms. Baum emphasized that while the College Board reports provided information on the general cost of higher education, costs varied around the country as well as at different kinds of colleges:
“The average numbers don’t tell the story for any individual student.”
[Yeah, I bet! They probably have HORROR STORIES to tell!
As they go hungry and dress in tatters!
What has happened to the America I once loved, readers?]
