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Monday, August 24, 2015

Calculating Indirect College Costs

Calculating Indirect College Costs Could Make All the Difference

A new report suggests that further research into the indirect costs beyond tuition and fees could be critical in determining financial aid allowances

Ron Bethke | August 20, 2015


Tuition and fees represent less than 40 percent of the total cost of attendance for students attending four-year public colleges and universities, and just one-fourth the cost of attendance for community college students.”
That’s just one of the revelations highlighted by the American Council on Education (ACE) in a new brief urging more research on the implications for college students of indirect costs such as room and board, and books and transportation.

Source: http://lendedu.com/blog/student-loans-for-living-expenses/

<more at http://www.ecampusnews.com/funding/indirect-college-costs-222/; related link: http://www.acenet.edu/news-room/Documents/Quick-Hits-Indirect-Costs.pdf (Exploring the Topic of Indirect Costs to Today’s Higher
Education Students. Robert Kelchen) and http://www.educationdive.com/news/american-council-on-education-report-urges-better-calculation-of-college-co/404383/ (American Council on Education report urges better calculation of college costs. August 21, 2015); further: http://www.pbs.org/newshour/updates/trying-everything-increase-graduation-college-cutting-back/ (After trying everything to increase graduation rates, this college is cutting back. August 20, 2015)>

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