Value and Affordability

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Rutgers Today provides a daily stream of news from across Rutgers University, serving both internal and external audiences.

Is College Worth It? Yes

Inside Higher Ed

June 10, 2019   Student Success, Value and Affordability

A new study reports from a purely financial view, earning a bachelor’s degree remains a good investment. Although premiums and wages fluctuate, college graduates still earn more on average than their high school graduate counterparts, with an average difference in wages between $30,000-$35,000.  

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4 Years of College, $0 in Debt: How Some Countries Make Higher Education Affordable

The New York Times

May 28, 2019   Value and Affordability

College graduates around the world were asked what they paid for higher education and how they financed it. Over 800 responses from students across 40+ countries show how government policies can shape the personal and professional choices of young adults as they begin their careers. 

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Flagship universities offer more merit aid in bid to draw students

Education Dive

May 22, 2019   Student Success, Value and Affordability

Flagship universities in 46 states have grown their non-need-based aid pools faster than need-based, as tuition discounting has been used to grow enrollment and attract wealthier students. However, some colleges are recently walking back their focus on merit and academic scholarships in order to focus on need-based aid.

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Is change coming to Federal Work-Study?

Education Dive

May 22, 2019   Student Success, Value and Affordability

The Federal Work-Study program has existed for more than half a century, but many are concerned it is not fulfilling at least two of its mandates: helping low-income students afford college and offering employment that aligns with academic and/or career goals. Proposed legislative change will help allocate additional money and resources toward the program to make it more beneficial for the students it serves.  

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Everyone Wants to Measure the Value of College. Now the Gates Foundation Wants a Say.

Chronicle of Higher Education

May 16, 2019   Student Success, Value and Affordability

As questions remain regarding the value and benefits of college degree, the Bill and Melinda Gates Foundation is seeking answersA newly created Commission on the Value of Postsecondary Education will measure and convey the economic value of a college credential. The commission aims to provide information for college administrators, policy makers, and students and families alike. 

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Future of work-study: How colleges’ role in student employment is changing

Education Dive

May 09, 2019   Student Success, Value and Affordability

Federal work-study programs have existed for decades to assist students in preparing for careers and to improve their financial securityAs student needs continue to evolve, improvements to the FWS program model are crucial. Suggestions include increasing the pay rate and providing opportunities that are aligned with students’ academic and career interests. NASPA has developed a self-assessment rubric for colleges to use in improving on-campus employment opportunities for students. 

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Young People Support Free College

Inside Higher Ed

May 03, 2019   Value and Affordability

In a recent poll of over 3,000 young adults aged 18-29, more than half answered they support free college, even with an estimated $47 billion price tag. Although other research has shown declining trust in higher education, more than half of poll participants indicated they trust their administrators all or most of the time. 

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How work-study programs can teach students career skills

Education Dive

March 12, 2019   Student Success, Value and Affordability

Work-study programs can both improve career readiness and retention on college campuses. A new report from NASPA explores how colleges and universities can design and administer on-campus student employment as a high-impact practice.

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Most US adults don’t think state funding to higher ed. is down

Education Dive

February 26, 2019   Enrollment Management Trends, Value and Affordability

Despite state funding for public two- and four-year colleges decreasing in recent years, only 29% of U.S. adults correctly recognized this trend. Across the country, colleges are trying to make up the deficits by increasing tuition, retaining less faculty, removing courses, and even shutting down campuses. If voters do not see this as a prevalent issue, it will be difficult to make the case for increased state investment.

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Black Borrowers Struggle With Student Loan Debt More Than Other Racial Groups

National Association of Student Financial Aid Administrators

February 19, 2019   Student Success, Value and Affordability

Black students struggle disproportionately compared to any other racial groups when it comes to student loan debt. On average, Black students finish college with more debt than their white counterparts. Much of this can be attributed to less financial and academic resources and lower earnings post-graduation.

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