|
Article Excerpt
CLEVELAND, June 20 /PRNewswire-FirstCall/ -- The following story was written by Rick Vonk, president of Key Education Resources.
In a recent edition of the Honolulu Advertiser, an article ran that focused on the current relationship between colleges and private lenders, and how the relationship may not be advantageous to students. The article's headline: "College a 'Wild West' of loans."
Chances are if you read, listen to or watch the news, you've come across some variation of this headline and story over the past three months. What you probably have not come across is a story citing that for the 2007-2008 school year the U.S. Department of Education projects to meet only 60 percent of students' borrowing needs . . . or that from 2000 to 2007 the cost of tuition, fees, room and board at public and private four-year colleges have increased 52 percent and 37 percent, respectively. The bottom line is this: as the cost of a college education continues to increase, and as government lending and school grants fail to keep pace, students and their families will need to rely more than ever on scholarships, jobs, savings and private lenders to bridge the widening gap.
However, the picture is not so grim. It is estimated...
|
|
More articles from PR Newswire
Bull Selects Altair Engineering's PBS Professional On-Demand Computing..., June 20, 2007
Mountain Lake Increases Vertical Depth of Zinc-Copper Massive Sulphide..., June 20, 2007
Cemtrex to Supply SM4 Compliance Mercury Monitor to Nevada Power Stati..., June 20, 2007
Carlson Hotels Worldwide Expands on MICROS Technology Solutions with C..., June 20, 2007
Seven Summits Research Releases Alerts on WMT, PEP, JPM, UPS, and EAT., June 20, 2007
Looking for additional articles?
Search our database of over 3 million articles.
Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication
name or publication date.
About Goliath
Whether you're looking for sales prospects, competitive information, company
analysis or best practices in managing your organization,
Goliath can help you meet your business needs.
Our extensive business information databases empower business
professionals with both the breadth and depth of credible,
authoritative information they need to support their business
goals. Whether it be strategic planning, sales prospecting,
company research or defining management best practices -
Goliath is your leading source for accurate information.
|
|
