College tuition. Two simple words that can strike terror in the hearts of parents and their college-bound offspring. Luckily, financial aid programs bridge the gap between a family’s available funds and the total cost of tuition and fees, books, room and board and all of the other expenses of a college education. Source: IndyStar.com >> Keep Reading

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As Congress looks to cut up to $50 billion in spending, education and student groups are complaining that college financial aid will take the biggest hit. House Republican leaders have ordered the committee that oversees federal student aid to find more cuts than any other committee — about $18 billion. On Wednesday, the House Education and Workforce Committee approved a Republican proposal designed to cut spending on student aid by $14.5 billion over the next five years. Keep Reading: Education Groups Say Student Aid Targeted

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As tuition across the nation continues to outpace gains in financial aid, students’ chances of attending college and finishing with a degree increasingly are linked to their families’ income, the College Board reported Tuesday. The nonprofit group, in releasing two reports on college costs and financial aid, noted big gaps in graduation rates even among students who had high test scores. Keep Reading: Financial Aid Can’t Keep Up With College Tuition

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Categories: General