Friday, June 30, 2006
Tweet[IWS] The College Cost Crunch: A State-by-State Analysis of Rising Tuition and Student Debt [28 June 2006]
IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
________________________________________________________________________
A Report Prepared By
Senate Health, Education, Labor and Pensions Committee Democratic Staff
And Senate Democratic Policy Committee
June 28, 2006
The College Cost Crunch: A State-by-State Analysis of Rising Tuition and Student Debt
http://kennedy.senate.gov/downloads/CostReport.pdf
[full-text, 70 pages]
Rising tuition and student loan debt is a national problem. No state has escaped the
college cost crunch. But individual states have been affected to different degrees. This
report provides information on the college affordability problem in each state as well as
how students and their families in each state would benefit from Democratic proposals.
The following tables and individualized state reports provide information for each state
on:
The rising cost of college;
The erosion of the value of the Pell Grant;
The amount of student loan debt incurred by college graduates;
The amount of family income needed to pay for college;
The amount of savings if student loan interest rates were cut in half;
The reduction in monthly costs if student loan payments were capped at 15
percent of a borrowers discretionary income;
The increase in the average Pell Grant award and the number of students eligible
if the maximum Pell Grant were increased to $5,100; and
The number of students and families who are likely to benefit from re-instituting
the college tuition tax deduction, which expired at the end of 2005.
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
****************************************
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
________________________________________________________________________
A Report Prepared By
Senate Health, Education, Labor and Pensions Committee Democratic Staff
And Senate Democratic Policy Committee
June 28, 2006
The College Cost Crunch: A State-by-State Analysis of Rising Tuition and Student Debt
http://kennedy.senate.gov/downloads/CostReport.pdf
[full-text, 70 pages]
Rising tuition and student loan debt is a national problem. No state has escaped the
college cost crunch. But individual states have been affected to different degrees. This
report provides information on the college affordability problem in each state as well as
how students and their families in each state would benefit from Democratic proposals.
The following tables and individualized state reports provide information for each state
on:
The rising cost of college;
The erosion of the value of the Pell Grant;
The amount of student loan debt incurred by college graduates;
The amount of family income needed to pay for college;
The amount of savings if student loan interest rates were cut in half;
The reduction in monthly costs if student loan payments were capped at 15
percent of a borrowers discretionary income;
The increase in the average Pell Grant award and the number of students eligible
if the maximum Pell Grant were increased to $5,100; and
The number of students and families who are likely to benefit from re-instituting
the college tuition tax deduction, which expired at the end of 2005.
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
****************************************
# posted by SBasefsky : 9:19 AM
