August 28, 2005

Tuition increase have college student scrambling to save money

An article about the methods college students are using to fund their education in a time of rapidly rising tuition includes a comment from Gabriela Perez, loan coordinator at Wayne State . She said that approximately 19,000 people applied for financial aid and that many were under the erroneous impression that the aid would cover the tuition, when that may not be the case. She suggested that students learn about tuition requirements in advance and create a budget. "Parents seem to be more concerned about how they're going to make ends meet," Perez said. "They're accepting loans on behalf of their kids and the debt accumulates."

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