Sunday, March 28, 2010

More Local Colleges Lift Costs over $50,000

An interesting article that was featured today in the Boston globe today, "More Local Colleges Lift Costs over $50,000" talks about the number of colleges that have reached tuition costs of $50,000 for the 2010-2011 school year and also local schools that are very close to the $50k mark. For those who can afford to go to college or have the means to apply for financial aid, the costs of attending a school in Boston like BU or BC is very much attainable. However, this price tag for many low-income families is not at all attainable. Many students from low income families are the first in their families to attend college, and their parents are not familiar with the financial aid process. Bob Giannino-Racine, director of ACCESS, a Boston nonprofit organization that helps students find ways to afford going to college, says that "They just look at the price tag and are automatically scared off" They say "Wow, how can I ever imagine sending my child to college when it will cost me twice what I make in a given year?
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To read the full article click here ;»

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