Watching this helps one to gain some perspective. And by perspective I mean finally understanding just how much money this country requires to survive, and how little Obama has actually removed. Obama’s killing himself and pissing everyone off in order to save the most pathetic sliver of money. And the fallout from the various federal programs losing their funding is fully, mind-blowingly noticeable. If there’s not a huge line at the border crossing today, I could be in Canada in less than three hours.
Prior to reading the article below, I had my own theory as to why it takes more than four years for students to earn a bachelor’s degree. It all comes down to money. I included a few more factors in my theory, but I was mostly right in line with the study. Basically, higher tuition, decreased school budgets, a depressed economy, an increased population of young adults hell bent on pursuing a college education (because they’ve been told since birth that only educated humans will ever make enough money) mean more time spent earning a degree.
I was scared like a little girl to look up tuition rates for 1972 and present day, so I don’t have that information for you. My cojones are a force to be reckoned with, but I do have my limits. Eviscerating tuition hikes are one of them. But I think it’s common knowledge that tuition rates have increased since 1972, the economy is less than healthy, more kids head for college these days, and school budgets have been cut many, many times.
The crappier the economy is, the more the school budgets are cut, which leads to increased tuition and fewer faculty and staff. Higher tuition means more working for students and a decreased course load, leading to a longer stay in college. Less budget money means fewer instructors, fewer courses offered, and a more difficult time for the students to get into the classes they need in order to graduate, leading again to more time spent earning that bachelor’s degree.
According to the study, the fact that bachelor’s degree acquisition takes longer than four years is due to the type of institution a student attends; higher tier state schools and private schools vs. community colleges and lower tier state schools. Institution type and how a given school is affected by, and subsequently deals with, decreased funding is what it all comes down to.
Top-level schools with better faculty-to-student ratios offer an improved learning experience for the students. This gets them in and out in a more four-year manner. Public schools, like community colleges and state schools, cram a few more kids into every classroom, which decreases the learning experience and mucks up the four-year works. Hence, four years to complete an undergraduate degree at a top-tier school and closer to six years at a lower-tier school.
Interesting. And I don’t totally buy it. I mean, I understand what the study is saying and how a decrease in funding can affect the learning experience. But I think there are more factors involved. A students-per-faculty ratio of 25.5 to 1 vs. 29.8 to 1 is enough to cause the learning experience to suffer so much that two more years are tacked onto the end of the original four-year bachelor’s degree plan? Really? Or, you know, maybe, the less-than top tier schools are more selective when choosing faculty, staff, and students, and have a lot more private financial backing than do the community colleges and state schools. Less crowding, supah-focused students, publish-or-perish faculty, and enough cash to be able to keep both the crowding and the lay-offs down to a minimum.
Any institution relying on public funding has historically been screwed when the economy hits the crapper. And may I remind everyone that in 1972, the helicopter parent insanity hadn’t quite begun. Although parents were starting to push the importance of a college education, it was nowhere near the life-or-death situation that it is today: College or sweatshop-work, kiddo. You pick!
These days, there are more college students in the system and no one has money to pay for all that education, not the parents, not the kids, and certainly not the schools. Loans and financial aid are harder to nail down as well. I really don’t think it has only to do with a few more students per classroom and whether or not a student hits the higher education jackpot and manages to attend a top-tier school.
Time to completion of the baccalaureate degree has increased markedly in the United States over the last three decades, even as the wage premium for college graduates has continued to rise. Using data from the National Longitudinal Survey of the High School Class of 1972 and the National Educational Longitudinal Study of 1988, we show that the increase in time to degree is localized among those who begin their postsecondary education at public colleges outside the most selective universities. In addition, we find evidence that the increases in time to degree were more marked amongst low income students. We consider several potential explanations for these trends. First, we find no evidence that changes in the college preparedness or the demographic composition of degree recipients can account for the observed increases. Instead, our results suggest that declines in collegiate resources in the less-selective public sector increased time to degree. Furthermore, we present evidence of increased hours of employment among students, which is consistent with students working more to meet rising college costs and likely increases time to degree by crowding out time spent on academic pursuits.
Ten more days until taxes are due for the 2009 tax year. And by “due” I mean that they must be postmarked by April 15th, 2010 or you’re in trouble with the IRS.
If you’re doing your own taxes, it’ll be fairly simple. College tuition, scholarships, and college tax credit rules make it slightly more paperwork-y. If your parents are footing your higher education bill, then it’s their taxes that will be wrapped 80 billion times over with red tape. Fun!
Below please find several resources for pertinent tax-time information for college students and their parental units.
While we’re on the topic of student loans and the lifetime of debt college grads will face, here are some informative articles and resources to peruse (find a paper bag and try to remember to breathe slowly and evenly).
Obama is upgrading the higher education system in this country (we hope), starting with an increase in Pell Grant award amounts. What does that mean for Pell Grant applicants? Who qualifies and for how much? Basically, the results of the FAFSA number-crunching are what determine a student’s eligibility.
…there is no “one size fits all” recipient.
Keep in mind, the Pell Grant is awarded to undergraduates with a high degree of unmet financial need; most Pell money goes to students with a total family income around or below $20,000. But, students whose families have a total income of up to $50,000 may be eligible too. In 2005-2006, students with family incomes of less than $20,000 accounted for 57% of Pell Grant recipients.
…Pell Grant qualifications can be affected by a student’s enrollment status as well as income earned through employment, too. Think about it – if you are enrolled half-time, your tuition is less and therefore you will require less aid. Undergraduates who work while they are enrolled are more likely to have incomes that decrease their eligibility for federal need-based aid (ahh, didn’t think of that, did you?). Some low-income students may even find themselves ineligible for Pell Grants because they are enrolled part time at very low cost colleges, or they work while they are enrolled, or do both. More…
However, so far his plans for higher education look to be an improvement. I’m especially liking the Pell Grant increases, the lessening of student loan malevolence, and the attempt to have colleges and universities knock it the hell off already with the insane tuition increases.
Still, in this economy, a high school diploma no longer guarantees a good job. That’s why I urge the Senate to follow the House and pass a bill that will revitalize our community colleges, which are a career pathway to the children of so many working families. (Applause.)
To make college more affordable, this bill will finally end the unwarranted taxpayer subsidies that go to banks for student loans. (Applause.) Instead, let’s take that money and give families a $10,000 tax credit for four years of college and increase Pell Grants. (Applause.) And let’s tell another one million students that when they graduate, they will be required to pay only 10 percent of their income on student loans, and all of their debt will be forgiven after 20 years — and forgiven after 10 years if they choose a career in public service, because in the United States of America, no one should go broke because they chose to go to college. (Applause.)
And by the way, it’s time for colleges and universities to get serious about cutting their own costs — (applause) — because they, too, have a responsibility to help solve this problem.
Good news for FAFSA applicants: the 2010 version will be easier to apply for. The form is simplified and is no longer written in a language incomprehensible to even students with 4.0 GPAs and off-the-charts SAT scores. As an added bonus, volunteers will be available to help parents and students fill those suckers out.
While the total amount of grants and scholarships likely to be handed out this year won’t be anywhere near enough to meet most students’ needs, at least it will be easier to apply for aid. The online version of the notoriously headache-producing Free Application for Federal Student Aid, which is the scholarship application used by the federal government and most states, charities, and colleges, has been streamlined and simplified. Even better: There is a growing network of volunteers who will help anyone fill out the FAFSA free of charge.
Volunteer financial aid experts will be stationed at more than 800 YMCAs, churches, colleges, schools, community centers, and other locations around the country in January and February for College Goal Sunday events. The aim of the nonprofit events: to help students and parents get their aid applications in on time. Originally, College Goal Sunday events were held the Sunday after the Super Bowl. The program has grown so much in the past few years that many states now have several events on various days throughout January and February, says Marcia Weston, director of the program, which is funded by the Lumina Foundation and operated by the YMCA. Some states, such as California, use a different name for their volunteer event. But the College Goal Sunday website lists the times and places for events in 47 states plus the District of Columbia. Some sites will also provide transportation, she says. More…
According to Time Magazine, this has been the decade from hell. Awesome. I’m going to cross “survive a crappy decade” off my list right away.
One could argue the point that it’s going to take us all a while to clean up after a decade this bad. College is too expensive and won’t help anyone to get a job in this economy, so why spend next year working too damn hard at school and the job you have to hold down in order to live somewhere other than a van down by the river?
I would suggest, to the college students (or recent college graduates who still haven’t found a job), that taking a gap year might not be a bad idea. Getting out of the country is the most expensive portion; you’d be surprised by how little money a traveler willing to rough it can subsist on, especially if one avoids Europe.
For inspiration, you can read Cody McKibben’s post over at Thrilling Heroics, in which he wraps up the year he just spent living in Thailand.
Posted by Alexa Harrington
There will be no condoning of violence from this girl. But I did get a sick little twist of satisfaction when I read the NY Times article about UC students protesting tuition rates. Students from UC Davis and UC Berkeley broke some windows and threw some flaming items at the home of UC Berkeley’s chancellor, Robert J. Birgeneau.
President of the UC system, Mark G. Yudof, also lives in Berkeley and had a run-in with irate students in August ’09 when the first wave of tuition-rate-increase sh*t was hitting the fan. I’ve already said what I had to say about that. (Not to ruin the ending for you, but none of it was nice.)
President Yudof said in a statement that he found the most recent attack “appalling” and “far beyond the boundaries of public dissent.” Really? I’m pretty sure the students who, until now, believed that they had the right to an affordable education are finding the 32% increase in tuition both appalling and far beyond the boundaries of public dissent.
I don’t care how smart you are or how well you may have done on your SATs, filling out the FAFSA forms still sucks. It’s like some ancient test of strength and intelligence wherein one must conquer a labyrinthian pile of questions whose answers serve only to bring up more questions while pushing a ginormous rock up a hill and trying to avoid a pissed-off mythical creature that’s hell-bent on having you for lunch. And as a sweet bonus, if anything is answered incorrectly, no financial aid for you, pal.
Please take a moment to thank your god(s) that this excellent list of FAFSA resources exists for any and all questions that will inevitably arise when soul-having mortals attempt to fill out bureaucracy-saturated forms of doom.