New Math for College Costs

摘要

Higher education just got more expen-sive. Under the new federal budget, interest rates will rise on student loans. Many lenders will start charging students higher fees, as well. College costs are up anywhere from 6 to 7 percent, depending on the type of school. Small, additional federal grants are planned this year for some of the neediest students. But Pell Grants—the government's basic aid program for the poor— haven't risen since 2003.