Knowledge Bound: The RSC Blog



Visit the Knowledge Bound Blog regularly for news analysis, editorials and facts about education and financial aid.

Posted on Jun 02, 2014 - 06:00 AM | College Tuition | Comments (0)

In Pennsylvania, people were arrested for protesting cuts to K-12 education.   In California, they were arrested for protesting cuts to college education.   It’s easy to see why people are suddenly up in arms. These cuts are having a real impact on how students learn. The responsibility is increasingly falling on the shoulders of worried and overworked families.   Basic services schools used to provide as a matter of course are being diluted, weakened, or cut out altogether.   Consider these facts…   ·      &n... More
 
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Posted on Aug 27, 2012 - 06:00 AM | College Tuition | Comments (0)

This is the sixth in a series of articles examining the impact the high cost of college and the student loan crisis are having on families. RSC Your College Prep Expert is dedicated to making college affordable to all families. See how we do it here.   If a low-income family focuses exclusively on need-based aid from the government, are they making a bad financial aid decision?   If a middle- or upper-income family focuses exclusively on merit-based aid like scholarships, are they making a bad financial aid decision?   The answer is “Yes” to both those question... More
 
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Posted on Jul 23, 2012 - 06:00 AM | College Tuition | Comments (0)

This is the first in a series of articles examining the impact the high cost of college and the student loan crisis are having on families. RSC Your College Prep Expert is dedicated to making college affordable to all families. See how we do it here.     Sarai was a good student from California interested in attending one of the state’s top private colleges, each with tuition over $50,000. Her worreid parents wanted her to keep her goals a bit more modest – maybe a state school or community college.   Sarai was about to become the first person in her family ever... More
 
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Posted on Jun 01, 2012 - 06:00 AM | College Tuition | Comments (0)

The cost of college is skyrocketing. In the past 30 years, tuition has jumped 530% (roughly 6.4% per year). There are many reasons for these changes, but three of the biggest are:   ·        College administrator salaries have increased 9.8% in 10 years, at a time of stagnant wages for much of the country (including college professors). ·        The technological revolution has made some parts of college cheaper, but it also means schools have to routinely update their office and classroom equipment. St... More
 
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Posted on Feb 17, 2012 - 06:00 AM | College Tuition | Comments (0)

When a product gets too expensive, people stop buying it and the price goes down. People even do this with food. If it’s too expensive to eat out, they stay home. If they can’t afford healthy food, they eat processed goods. Basically, if you can’t afford it, you don’t need it. It’s the basic law of supply and demand.   Except for college. The price has been going up rapidly over the past 30 years. Since 1982, the cost has jumped 530%, twice that of inflation. And yet more people than ever are going.   Until now, that is. Finally, people are deciding ... More
 
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Posted on Jan 09, 2012 - 06:00 AM | College Tuition | Comments (0)

It’s no secret that college tuition has been skyrocketing – up 450% in less than three decades – but getting to the why takes a bit of work because no one culprit is at fault.   The good news is that at least high-school students can change many of the mistakes their predecessors made.   Reasons the Cost of College Has Gone Up   This can be divided into two categories: government/institutional and personal.   Government and Institutional Causes for High Tuition:   ·        State support for colleges ... More
 
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