Financial aid dollars from the US government represents up to 90 percent of revenues of for-profit colleges. When the Department of Education laid down new conditions for financial aid access, the colleges' shares didn't tank. They soared on Wall Street.
Miami Dade College announced Wednesday the American Dream Scholarship. The ‘free college’ offer could help boost college graduation rates – a goal of President Obama’s.
But concerns about college tuition are offset at least in part by financial aid, as well as big increases in the Federal Pell Grant Program.
Federal law now requires institutions to be more upfront about college tuition and other fees. Will choosing the right school be easier for families?
In a still-tight job market, college graduates have their sights set on more education and opportunities abroad. Demand is up for statistics, finance, and accounting majors.
The administration will reduce the number of questions on federal forms – currently so tortuous they deter many from applying.