How Much Do You Owe? Doonesbury weighs in.

In case you missed it in Sunday’s paper, Garry Trudeau reports on the student loan debt and what colleges may be doing about it, including emergency job fairs offering part-time internships.

See the full strip here.

Regarding that reference to full-freight parents? Reminds me of the mentions of full-freight ability helping students vault off the wait list; this from Buying Your Way into College by Jane Kim, via Smart Money in 2009:

Middlebury College and Wake Forest University began looking at wait-listed students’ financial status as a factor in admissions last year.

Meanwhile, more colleges are officially moving away from need-blind admission policies. This from Need Too Much by Kevin Kiley, writing in Inside Higher Ed about Wesleyan’s recent decision:

Sometimes good intentions can blind one to the realities that something might not be sustainable.

In the face of financial pressures, Wesleyan University is moving away from its blanket need-blind admissions policy. Instead, the college is planning to peg increases in the size of its financial aid budget to the size of its overall budget. As long as that money meets need, it will consider students irrespective of their ability to pay. Once the aid runs out, however, the college will start factoring in family income and ability to pay. This effectively means that, unless the college can raise enough money, the last students admitted to the class each year (possibly 10 percent of the class) will not include those who need aid.

More of this to come, I am certain.
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3 Comments

Filed under Paying for College

3 responses to “How Much Do You Owe? Doonesbury weighs in.

  1. Pingback: How long should college take? Doonesbury weighs in. | Dr. StrangeCollege or, How I Learned to Stop Worrying and Love the Journey

  2. Pingback: College: non-profit or for-profit? Doonesbury weighs in. | Dr. StrangeCollege or, How I Learned to Stop Worrying and Love the Journey

  3. Pingback: Who writes the essay? Doonesbury weighs in. | Dr. StrangeCollege or, How I Learned to Stop Worrying and Love the Journey

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