Cheaper student loans, but shortage of college grants likely in 2011 and 2012

According to U.S. News & World Report, although the federal government will hand out billions of dollars more in college grants in 2011 and 2012 than ever before, the nation’s financial aid programs as a whole are not keeping up with rising tuition, government officials and financial aid analysts say. That means for millions of America’s working and middle class families, “college is going to become less affordable,” warns Mark Kantrowitz, publisher and founder of and the scholarship search site The widening gap between college costs and financial resources is forcing a growing number of students into one of three bad choices, says Faith Sandler, executive director of the Scholarship Foundation of St. Louis. More students are choosing cheaper colleges that, she says, often “don’t match their capabilities.” Too many other students “borrow too, too much.” Those who can’t stomach either of those options may give up on college altogether, she fears…

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NACAC issues first report on Best Colleges rankings

The National Association for College Admission Counseling surveyed its members on attitudes toward U.S. News’s Best Colleges rankings; recently the NACAC/U.S. News & World Report Ad Hoc Committee issued its first report on the survey, reports U.S. News & World Report. NACAC conducted the survey in May 2010. It asked various questions designed to measure the opinions among admission professionals at colleges, high schools, and independent counselors toward the Best Colleges rankings.The report contains an important disclaimer in terms of what role U.S. News played in the survey and the preparation of the report. The report says:

“…for purposes of this report, the term “Committee” refers only to the NACAC members who serve on the Ad Hoc Committee. Representatives of U.S. News & World Report meet with the Ad Hoc Committee to ensure an open dialogue with the association, but their views are not represented in this report.”

Highlights from the report include:…Read More