{"id":84688,"date":"2022-12-24T11:48:53","date_gmt":"2022-12-24T16:48:53","guid":{"rendered":"http:\/\/danielschristian.com\/learning-ecosystems\/?p=84688"},"modified":"2022-12-24T11:48:53","modified_gmt":"2022-12-24T16:48:53","slug":"three-items-re-the-business-of-higher-education","status":"publish","type":"post","link":"http:\/\/danielschristian.com\/learning-ecosystems\/2022\/12\/24\/three-items-re-the-business-of-higher-education\/","title":{"rendered":"Three items re: the business of higher education"},"content":{"rendered":"<p><a href=\"https:\/\/news.yahoo.com\/local-private-colleges-slash-tuition-023322572.html\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Local private colleges slash tuition prices as enrollment declines<\/strong><\/a> &#8212; from news.yahoo.com by Jason Law<\/p>\n<p><em>Excerpts:<\/em><\/p>\n<p style=\"padding-left: 40px;\">\u201cBy reducing the published price, we certainly would hope that more people would apply,\u201d Alexander said. \u201cIf they see a sticker price of $60,000 or more, there\u2019s research out there that says 60% of them don\u2019t take the next step to apply or figure out if they can afford it.\u201d<br \/>\n&#8230;<br \/>\nOne of the most frustrating aspects for consumers, the Hechinger Report found, is the difference between a school\u2019s sticker price\u2014its published tuition cost&#8211;and the actual price a student will pay after scholarships and institutional aid are subtracted.<\/p>\n<p style=\"padding-left: 40px;\">\u201cMany families are not aware that some students do not pay the full sticker price for college. Only 18% of college-bound families agree that the amount families actually pay is lower than the price advertised by the school,\u201d a\u00a02022 Sallie Mae College Confidence report\u00a0found.<\/p>\n<p><a href=\"https:\/\/www.investopedia.com\/student-loan-debt-2019-statistics-and-outlook-4772007\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Student Loan Debt: 2022 Statistics and Outlook<\/strong><\/a> &#8212; from investopedia.com by Daniel Kurt, Thomas Brock, and Amanda Jackson; with thanks to Ray Schroeder for posting this on LinkedIn<br \/>\n<em>The numbers are staggering\u2014and still on the rise<\/em><\/p>\n<p><strong>KEY TAKEAWAYS<\/strong><\/p>\n<ul>\n<li>The total amount of outstanding student loan debt in the United States is $1.77 trillion.<\/li>\n<li>Soaring college costs and pressure to compete in the job marketplace are big factors for student loan debt.<\/li>\n<li>Student loans are the most common form of educational debt, followed by credit cards and other types of credit.<\/li>\n<li>Delinquency statistics may be understated because of the relief provided to student loan borrowers by the White House.<\/li>\n<li>Borrowers who don&#8217;t complete their degrees are more likely to default.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.insidehighered.com\/news\/2022\/12\/21\/pell-grant-increase-500\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Congress to Boost Pell Grant by $500<\/strong> <\/a>&#8212; from insidehighered.com by Katherine Knott<br \/>\n<em>While the draft spending plan for fiscal year 2023 provides more funding for several programs, higher education groups and advocates had hoped for higher increases.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Local private colleges slash tuition prices as enrollment declines &#8212; from news.yahoo.com by Jason Law Excerpts: \u201cBy reducing the published price, we certainly would hope that more people would apply,\u201d Alexander said. \u201cIf they see a sticker price of $60,000 or more, there\u2019s research out there that says 60% of them don\u2019t take the next [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[61,209,115,302,57,211,178,3,560,480,66,212,321,214],"tags":[],"class_list":["post-84688","post","type-post","status-publish","format-standard","hentry","category-business-side-of-he","category-changing-business-models","category-colleges","category-community-colleges","category-cost-of-getting-a-degree","category-funding-grants","category-generational-differences","category-higher-education","category-parents-guardians","category-society","category-student-related","category-surviving","category-united-states","category-universities"],"_links":{"self":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/84688","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/comments?post=84688"}],"version-history":[{"count":7,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/84688\/revisions"}],"predecessor-version":[{"id":84717,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/84688\/revisions\/84717"}],"wp:attachment":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/media?parent=84688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/categories?post=84688"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/tags?post=84688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}