Tuition On The Rise

According to College Board reports the federal government has reduced the amount of scholarship money for needy students in 2006, even though college tuition is rising. More students are borrowing to pay for their educations. State governments slightly increased the amount of money dedicated to needy students but gave a much bigger financial boost to merit-based scholarship programs. Because grants and scholarships have not kept up with tuition inflation, more students have borrowed money to cover their educational costs. With college tuitions going through the ceiling this year, you might well be wondering whether a degree is still a good investment. And I wonder how much Devry is going to increase the tuition in 2007.