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- Student grants frozen as tuition fees rise [The Guardian, UK]: The government is freezing all student grants and loans and cutting financial support for trainee teachers due to the recession. Tuition fees will rise by 2.04%, taking the annual charge to £3,290. Grants are to be frozen at £2,906 for the poorest students and loans for living costs frozen, while loans to cover tuition fees will rise to cover the increasing fees. Teacher training grants of up to £6,000, previously universal, are to be restricted to people of lower income.
- Paying college tuition with credit card gets costlier [USA Today]: The movement comes as colleges face budget shortfalls and look to trim costs. When students use a credit card, institutions have to pay an average of 2% to process the transaction. Traditionally, colleges have borne these costs themselves. But they're increasingly rethinking these policies ? and passing costs along to students ? amid the difficult economy.
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