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College Tuition Inflation Statistics

BestColleges

The cost of college makes a difference in who can access higher education and how much student loan debt individuals take on. in 2003 and just 3.7% Note Reference [1] Check Over the same period, the consumer price index only rose by about 1.6% yearly on average, [2] and the median home price rose by 1.8% annually on average. [3]

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These States Offer College Scholarships, Financial Aid to Former Foster Youth

BestColleges

Most states have extensive financial aid programs for former foster youth. states, students with experience in foster care don't have to pay tuition. Many states, however, have strict requirements students must meet to qualify for aid. states (31), SEFC can qualify for tuition waivers. In more than half of U.S.

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Student Loan Default Rate: Facts and Statistics

BestColleges

Data Summary Check As of 2022, the three-year student loan default rate was 2.3%. [1] 1] Check The recent student loan default rate is the lowest it's been in years. Note Reference [1] Check At the end of 2021, roughly 3 million people — close to 7% of all student loan borrowers — were in default. [2] billion at the end of 2021.

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Supreme Court Rules to Block Biden’s Student Debt Forgiveness Plan

BestColleges

President Biden announced a plan in August 2022 to cancel up to $20,000 in debt for most student loan borrowers. The court's majority opinion stated such a debt relief program would need to be approved by Congress. Supreme Court ruled on Friday that President Joe Biden’s plan for student loan debt forgiveness is unconstitutional.

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Why Is College So Expensive?

Discovery College Consulting

Since President Biden announced on August 24 that he was canceling student loan debt for millions of borrowers, there has been a flurry of responses from a wide range of individuals. 45 million Americans — about 1 in 7 — have student loan debt totaling over $1.6 Since 2006, student loan debt has more than tripled.

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President Biden’s New Student Debt Forgiveness Plan: Everything We Know

BestColleges

The Supreme Court struck down President Biden's original student loan forgiveness plan June 30. The pause on federal student loan payments, meanwhile, will end Aug. President Joe Biden is moving forward with his plan to cancel federal student loan debt, but this time through other means.

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7 Great Statement of Purpose Examples + Analysis 2023

College Essay Guy

Statement of purpose analysis by CEG Grad School coaches Christine Rose, Kathy Liu, Kristin Joys, & Carlos A. Christine Rose Kathy Liu Kristin Joy Carlos A. In this guide, we’ll discuss what a statement of purpose is and the content and structural options that go into crafting a strong statement of purpose (often referred to as an SoP).