Aug 28
If you are one of the many millions of students who is struggling to raise cash for college this fall, you could be in for a big surprise in the beginning of 2010. You could get an extra tax refund of up to $2,500.
Part of the stimulus bill that was signed into law early this year is the new higher education tax credit.
This bill is expected to put thousands of extra dollars back into the pockets of millions of Americans who pay tuition this year. Students are not required to fill out any additional paperwork to get the money, they just need to file their taxes. This new credit is bigger than previous tax credits for higher education.
This credit covers just the cost of tuition, fee and books for what you paid for in 2009 and 2010. The soonest you can see this money is early in 2010, once you have filed your 2009 taxes.
The credit could be extended past 2010 by Congress. The credit is available for undergrads who attend at least half-time and is available to filers with less than $80,000 a year in gross income. The credit is good for each individual student, so if a parent chooses to take the credit for two of their college students, that is allowed.
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\\ tags: How to Get $2500 Back in Tuition Money
Aug 27
Students who attend for-profit colleges are much more likely to have accumulated large debts for their education loans then students who go to other types of four year colleges. Nearly 30 percent of seniors who attend for-profit colleges in 2008 owed at least $40,000 in college loans compared to just 11 percent of the seniors who attend private nonprofit colleges. Only six percent of seniors who attend public universities have excessive debts because it costs significantly less to attend these schools.
Literally hundreds of thousands of new college graduates are overwhelmed with debt. The US federal government released a report that shows that nearly a quarter of a million borrowers who borrowed money from the federal government were already in default status. The most defaulted loans belong to the students who attended for-profit colleges.
The students who attend these for-profit schools tend to be older and thus they do not have parents to assist them with tuition. These for-profit schools also are popular among low-income students who rely on federal grants, which have not been keeping up with inflation rates.
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\\ tags: What Colleges Leave Students With the Most Debt?
Aug 26
College savings plans are certainly not immune to the hard-hitting blows from the investment bubbles and scandals that other investment plans have been facing recently. Thousands of Americans have stopped making contributions to college savings plans and there are some that have filed lawsuits, stating that they were misled.
Some families could suffer huge blows by the 529 savings plan losses in Alabama, Pennsylvania and Oregon. Oregon’s 529 option lost over thirty percent of its value this past year while Pennsylvania’s “guaranteed” college savings plan now only has enough money to pay the college tuition for the next eight years, even though many parents have invested so that their young children could attend college in 10 to 20 years from now.
Alabama’s PACT says it can only cover tuition for the upcoming academic year and the younger children’s prepaid tuition will only be covered if the markets recover soon or if the state bails out the fund. Many other state 529 plans have suffered losses also, but on a smaller scale. It is not suprising that investors across the United States are contributing less.
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\\ tags: Is Your College Savings Account Safe?
Aug 25
Students at New York City’s Thurgood Marshall Academy are donning white shoes, shorts and clear protective goggles and hitting the squash courts. An intensive program called StreetSquash combines athletics and academics, and students in this program are pumped full of excitement with every hit of the ball against the wall. The students in the StreetSquash program are heading off to college. The group has been borrowing courts in Manhattan for the last ten years, but this year will graduate its first class from their new home in Harlem.
There are no entrance requirements to get into the StreetSquash program, but every student is evaluated during a 30 day trial and they are expected to attend every single day. If the students miss more than one or two sessions without having an excuse, they may not be allowed to stay in the program. The committment to the program is a four day a week committment which consists of two days of homework and squash and one day of preparation for the SAT tests or literacy education for the junior high level participants.
The National Urban Squash and Education Association sponsors the program and using squash as a means to help students achieve academically is a growing niche. There are currently nine programs as members with several programs in the works across the country.
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\\ tags: Squash Court Helps High School Students Reach College
Aug 21
Competition is tough. There are thousands of students graduating from college each year and a job candidate needs all the ammunition he can get in order to compete.
College students should use their time wisely to assist them later upon graduation. If you are working on a college degree, get to know your professors. Your professors can be a valuable reference for you if you want to enter graduate school or obtain a job.
If you get a campus job, you will be putting yourself ahead of the pack. Having a college related job on your resume will help you in the future and you can pick up some valuable skills as you are working.
You should visit the campus career services while in college. Career services can assist you in choosing the right courses and degree programs that will help you reach your career goals. They can also help you to get a summer internship.
Be active in extracurricular activities as well while in college. By being a part of a team or a club, you will pick up valuable inter-personal skills that will assist you in leadership and administration roles later on.
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\\ tags: A Great Education has Many Benefits, Finding Career Choices for Recent Graduates, How to Get Your Student Loan Interest Deducted
Aug 20
Everyone knows that education is a must for getting a great job. The world is changing very quickly these days and many jobs rely on new technology. Earning a college degree will assist you in acquiring a wide range of knowledge in most subjects. College also trains you to express yourself clearly in speech and in writing.
The major benefit of acquiring a college education is having more jobs to choose from. You should sit down and think about what you are truly interested in and then find out what kind of education is required in order to obtain such a career. You may change your mind a few times, and this is normal, but planning ahead is very important.
The United States is obsessed with the idea that a college education is a must for everyone and that everyone must attend a top-rated college. This is a myth as great educations can be obtained from smaller, lesser-known schools as well.
The important thing is to find a college that you feel comfortable attending. College is very beneficial and the student has many choices.
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\\ tags: A Great Education has Many Benefits, Community Colleges are Cheaper but Not Necessarily Better, DeVry Offers an Associate of Arts in Health Information Technology, Earn that Ph.D from Home without Changing out of Your Pajamas!, How to Earn a Graduate Certificate in Financial Analysis at Keller
Aug 19
If you are considering earning a college degree, perhaps you should consider becoming a lawyer.
Law school takes about three years of full time classes. If you wish to apply to law school you have to have a four year college degree from an accredited college. Law schools look for students who have taken the rigorous road in undergrad school and who have great critical thinking abilities.
Law schools are happy to receive applications from chemists, engineers and physics majors or from anyone who majored in the ‘hard’ sciences. You are not compelled to take public law course or business law in order to qualify for law school.
The best tools to take with you to law school are the abilities to analyze and write quickly. If you are studying a ‘hard’ science, be sure to take courses that require you to write, like philosophy or critical writing.
Having proof that you participated in extracurricular act ivies is important to law school admissions personnel. This is especially true if you showed your commitment to less fortunate individuals.
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\\ tags: A Great Education has Many Benefits, choosing a college, college degree, obtain a college degree
Aug 18
You are probably aware that the best schools enroll students with the best grades and the best test scores. You probably also know that there are some colleges that are very prestigious. How can you figure out which school is right for you?
There are a few things that you should consider when you are deciding where to enroll. If you want to earn a college degree, it is a great idea to consider the size of the school that you want to attend. Colleges come in all sizes and you should determine if you would be happiest at a large university or at a smaller college.
You must also decide what type of college you want to attend. Some colleges are specialized, some are single sex and some have religious affiliations.
Location is another consideration that must be made. Do you want to remain living at home or would you like to move to another state to try something totally new? Take the time to make the right choice.
Lastly, be sure to take the cost into consideration. Choose a college that you think you can afford to attend. Your parents can assist you with this.
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\\ tags: choosing a college, college degree
Aug 13
If you want to earn a college degree and would like to attend an online school, there are many things to consider. You should look at schools that are accredited by the National Educational Association first, to be sure that they are keeping with current educational standards.
Be sure to talk with admission counselors to find out about what type of support the online school offers its students. Find out if you can easily contact your instructors and if so, how. Inquire about online support and ask also about interaction with other students. Exploring the type of online community that the school offers will help you to decide which school to attend.
If you live near a campus that an online school uses, you should be sure to visit the campus to see what it is all about. Often colleges will let you sit in on a class or two so that you get the feel for the school. Even though you will be studying online, the course material is very similar.
Be sure to take cost into consideration. Online schools have varying costs, so look at all of your options and plan on enrolling in a school that you can actually afford.
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Aug 12
The Bill and Melinda Gates Foundation has proved its commitment to improving the college degree graduation rates for low income and minority students by donating a whopping $16.5 million in grant money to build upon remedial educational programs at community colleges.
There were 15 lucky community colleges and five states who have outstanding remedial education programs that got the grants in June of this year. These model remedial programs share qualities that speed up the pace in which students complete remedial classes and they give the students outstanding support and offer classes with open entry and exit dates, enabling students who miss the deadlines for registration to enroll.
Sixty percent of students who are interested in earning a college degree attend community colleges across the United States and take remedial classes to sharpen their basic academic skills. This grant is the first in a series of grants that the Gates Foundation plans to award over the next several years. The Ford Foundation and the Lumina Foundation also have invested in remedial education at the community college level.
More students than ever are now enrolling in community colleges as they find the costs much more manageable and the convenience of living at home while attending college a big plus.
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