Essay on Summary: Debt and Financial Aid

Submitted By chetkinney21

Words: 288

Pages: 2

Open Document

http://www.nytimes.com/2013/03/11/opinion/how-to-shop-for-college.html?ref=editorials&_r=0

How to Shop for College

By: Editorial Published: March 10, 2013

Colleges often make themselves appear less expensive — and more attractive to cash-poor families — through promotional materials and financial aid letters that hide the true costs. Last month the federal government unveiled an online college scorecard that can help families cut through some of the confusion. It gives students a reasonable idea of what they could owe once they graduate and allows clear cost comparisons among schools.

For a given college, the new calculator shows the average net cost (what the student pays once grants and scholarships are taken into account); graduation rates; loan default rates; the median amount that the average student borrows; and the monthly loan payment that the debt would likely entail.

Very often, the sticker price can be misleading. Some schools that have extremely high tuition are actually affordable because they offer significant financial aid.

The scorecard could be improved by including different debt data. For example, schools where many students drop out — and carry less debt as a result — should not look more affordable than comparable schools where more people complete a degree.

The United States Department of Education is still working out a section of the scorecard that would give information about the earnings of a

Police Officer Essay

the formula considers your income, what you own (your house and other investments), what you owe (your mortgage and other debts), the size of your family, and how many family members are enrolled in tuitioncharging schools or colleges. FAMILY CONTRIBUTION REPORT Academic Year 2014-2015 January 01, 2014 Doris Scott PFS ID: L050533064 PFS Submitted: 12/13/2013 SUMMARY OF PFS INFORMATION YOU SUBMITTED FAMILY 1 No. of Parents 1 2 No. of Tax Exemptions 3 3 No. of Children…

Words 680 - Pages 3

Essay on Final: University and College

controversial issue lately. Although it’s very common students should go to college after graduating from high school, there is a very different voice claiming attending college actually burdens students’ future. It not only creates a large amount of tuition debt, but also disappointed students when they get into the uncertain job market. According to ………(“”). However, I truly believe it is very necessary to attend college in nowadays because college helps students to develop comprehensively and offer worldwide…

Words 426 - Pages 2

Essay on Course project

Managerial Decision Making GM530 Course Project Paper mcarnline@gmail.com Executive Summary Gainful employment is a hot topic in Washington D.C. right now. The Department of Education is looking at developing regulations to be imposed on for-profit schools and their ability to obtain federal funding for their programs. These regulations are currently only designed to be imposed on the for-profit schools rather than the entire higher-education system. Schools that do not meet the requirements…

Words 2445 - Pages 10

Business Essay

causes of tuition and student debt and provide recommendations to lower the costs. Our analysis has found that students take on unnecessary debt, through student loans, to pay for not only books and tuition but their living expenses without utilizing other resources. Because it grows slowly each semester, with students taking out only small loans each time, it is easy for them to result in large amounts of student debt. That debt, of any size, limits the student’s financial opportunities until it is…

Words 5945 - Pages 24

Research Paper on welfare reform

Waldstein 1 Hayden Waldstein Mrs. Langille English 10B 16 April 2014 Welfare Reform There are many reasons the American public is almost $14 trillion dollars in debt. Some people believe it is the military spending, which amounted to $526.6 billion dollars in 2014 alone ("Summary of the DOD fiscal year 2014 budget proposal”). However, public welfare is another, more expensive government endeavor with 126 different programs that provide housing, cash, and food stamps to the American people…

Words 1517 - Pages 7

Euro Crises: Annotated Bibliography

rise to unmanageable levels. Fears quickly spread that the fiscal positions and debt levels of a many Eurozone countries could not be sustained. In May 2010, Eurozone governments gave a financial assistance to Greece. Investors have become progressively tensed about public finances in Ireland and Portugal as well as their bond spreads rose above a certain level, these two countries also requested European-IMF for financial assistance. Finally they got the assistance in December 2010 and May 2011, respectively…

Words 3387 - Pages 14

Essay about Poli Sci

Furthermore, the issue of the budget deficit will have an enormous impact on generations to come. Since the financial crisis, U.S. national debt has risen tremendously, reaching 90% of the nation’s GDP at one point.(Office of Management and Budget) If the debt continues to increase, creditors might become impatient and demand their money back, which could potentially lead to a Eurozone-like debt crisis in the States. Therefore, the U.S. government must take efforts to reduce the budget deficit to normal…

Words 777 - Pages 4

Balvir Dissertation Essay

Contents Acknowledgements 3 Executive Summary 4 Chapter 1: Introduction 5 1.2 Aims and Objectives 6 1.3 Research Questions 6 1.4 Rationale for the research: 7 1.5 Scope of research 7 1.6 Structure of Dissertation: 8 Chapter 2: Literature Review 9 2.1 Definition of Tax Avoidance 9 Chapter 3: Analysis and Discussions 10 Chapter 4: Conclusions 10 Chapter 5: Recommendations 10 References 11 Acknowledgements I hereby take the opportunity to thank my friends who have provided me moral support…

Words 1856 - Pages 8

Executive Summary Paper (Direct Tv)

Executive Summary University of Phoenix Executive Summary Dating back to 1929, television has been viewed all over the world by millions of families. The impact technology has on television is phenomenal. Viewers have watched programs as silhouettes, outlines, with no sound, or black and white. With time, technology brought direct broadcast satellite to television. New Corporations Fox Entertainment Group, launched DirecTV in 1994. This company provided…

Words 1239 - Pages 5

Essay about Hsc Course Summary Topic 1

James Banks – Economics Summary Summaries Topic 1 – The Global Economy Students Learn About: International economic integration • The global economy o Situation where the economies of individual countries are increasingly linked to each other and changes in a single economy can have ripple effects on each other. • Gross World Product o Aggregate value of goods and services produced per annum worldwide (PPP) o Approximately $70 trillion US PPP…

Words 2003 - Pages 9