IBJ personal finance columnist Peter Dunn talks with podcast host Mason King about three key components of paying for college: saving in advance, paying some expenses in the moment and preparing your kids to make good choices.
The college will open adjacent to the Marian campus in Indianapolis, but the institutions will study whether it makes sense to expand to other areas of the state. One location that will be studied is Saint Joseph’s closed campus in Rensselaer.
Newly created WGU Advancement will raise funds to support the university’s mission and commitment to “reinvigorating the promise of higher education for all.”
Purdue University said the tuition freeze and other steps have helped reduce student debt.
More than half of the students in Kenzie Academy’s first coding class—launching in January—will finance their education using income-share agreements, a concept that has been lauded by Purdue President Mitch Daniels.
Meanwhile, the Ball State University Board of Trustees on Wednesday approved the school’s smallest tuition hike in more than 40 years.
The university said the frozen costs have helped lead to a decrease of 30 percent in Purdue student borrowing since 2012.
The Fishers-based not-for-profit announced Wednesday that it will transfer ownership of two affiliates—United Student Aid Funds and Northwest Education Loan Association—to Madison, Wisconsin-based Great Lakes Higher Education Corp. on Jan. 1.
Has Indiana made any progress in tackling student debt since students started racking it up through the Great Recession? The answer is somewhat complicated, higher education finance experts say.
Purdue University is taking the next step toward a controversial program in which students could get financial help for school from so-called investors in exchange for some of their future earnings.
Under the plan, a student draws from an investment pool to get money to pay for tuition and agrees to repay with a portion of the student's future income over a fixed period of time.
Tuition at Purdue's West Lafayette campus will remain at $10,002 for in-state residents and $28,804 for non-residents.
Students using loans to pay for college might get some extra help when it comes to gathering information about their debt load if an Indiana House bill becomes law.
When adjusted for inflation, students are paying more than triple what students paid 30 years ago to attend a public, four-year institution.
Purdue University trustees this week are expected to consider President Mitch Daniels' request that they freeze tuition on the main campus in West Lafayette for a third straight year.
But in an interview with IBJ, ITT Educational Services CEO Kevin Modany asserted that for-profit colleges are a good deal, that they produce better results than community colleges, and that they are critical for the state and nation to close the skills gap among workers.