college costs

Money in a pants pocket
Flickr/Mike Schmid

New Yorkers can now deposit their tax refund check directly into a college savings account under legislation that was recently signed into law by Governor Andrew Cuomo. The refunds can go into a 529 - accounts which can grow over time and are not taxable, as long as the proceeds are used for college expenses.

New York Governor Andrew Cuomo
WAMC Photo by Dave Lucas

Gov. Andrew Cuomo is proposing to offer free tuition at New York public colleges to eligible residents.

      The University of Massachusetts Amherst announced today the completion of the largest fund- raising campaign in the history of Massachusetts public higher education.

Massachusetts Governor Charlie Baker and leaders of the state’s public education system are touting a new program they say could cut the cost of obtaining a bachelor’s degree by $5,000. 

The initiative is called the “Commonwealth Commitment.”  It was developed by faculty and administrators from the state’s community colleges, public universities, and the University of Massachusetts. 

WAMC’s Pioneer Valley Bureau Chief Spoke with Monica Perez interim vice president of Academic Affairs at Holyoke Community College.

A requirement that Yale undergraduates on financial aid pay up to $6,400 annually toward their education is coming under protest from students who argue it creates a divide along class lines and keeps them from participating more in campus life.

College is one of the biggest expenses facing families across New York and the nation. Politicians and educators are actively working to mitigate the financial impact of the high cost of tuition and resulting student debt.

The cost of a college education has been spiraling upward for years, to the point where some call it “a national crisis” — specifically, a debt crisis, expected to have, in the long-run, a negative effect on the U.S. economy. 

WAMC/Pat Bradley

College financial aid application deadlines are quickly approaching. As parents and students weigh their options, Vermont Democratic Congressman Peter Welch is working to make higher education more affordable. He was at the Community College of Vermont’s Winooski campus earlier this week to discuss his efforts and resources that could help ease the financial burden of a college education.

College Costs Worry Students

May 6, 2013

With high school students receiving their college acceptance letters and choosing their schools this spring, the next big question is how they’ll pay for their education. WAMC’s Sean McGuire has more on this issue.

Besides studying, it’s a time when students spend their savings on energy drinks from the gas station, a slice of pizza or order of wings for dinner, and for some, the alcohol they consume on weekends. But when it really comes down to it, fun money is nothing compared to the cost of tuition.