1%
That’s the increase in college attendance in a certain area that could lead to between 11,200 and 27,400 home foreclosures. A new study in the journal Demography showed that if college attendance rose, the rate of foreclosures would rise one year later. This trend affected middle-income households the most, but top-earning households were not exempt.
Source: The Washington Post
75 million
That’s the cost of the upcoming renovation of University of Nebraska-Lincoln’s College of Engineering labs and classrooms. Dean Lance Perez is hoping that future students of the engineering college will remain in the state after they graduate, since only 43% of graduates are currently working in Nebraska.
Source: JournalStar.com
5%
That’s the percentage that tuition and mandatory fees are rising in Virginia this year. Several factors have contributed to the rise of tuition, including higher faculty salaries and campus improvements. The increase reflects a country-wide trend in rising higher education costs.
Source: Richmond.com