Fewer than 41 percent of students who attend college in the U.S. obtain their degree within four years, so to calculate just how much a student is expected to pay in tuition for college is impossible. But often times, some students are in a better position than others upon graduation, purely because they can expect a salary that will help them pay off their debt quicker.
Earlier this week, the University of Texas-Austin announced that in 2020 it plans to offer some low-income, in-state undergrads the opportunity to receive full-tuition scholarships if families qualify.
One of the nation’s largest teachers’ unions sued the U.S. Education Department on Thursday over a federal program that promises to forgive student loans for public workers but has been beset by problems.
The higher education gap between rural and urban American has grown over the last two decades by 4 percent, with the number of people with bachelor’s degrees in urban areas growing from 26 percent to 33, while only growing from 15 percent to 19 percent in rural areas.