Tough Economic Times Makes Paying Tuition Difficult (The Miami Herald)
"Money to pay for college? That might be more difficult this school year," The Miami Herald reports. "Start with a sputtering economy, college loan providers exiting the market and disappointing summer job earnings. Stir in a lackluster stock market that has thinned parents' portfolios and the mix is complicating financing higher education. 'We're seeing increases in tuition and states hit hard by budget constraints,' said Justin Draeger, a spokesman for the National Association of Financial Aid Administrators. College affordability has been an issue for years, he said, but added, 'we do have a lot going on this year.'"
You can read the complete August 10, 2008 Miami Herald article on-line.
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