State of Michigan’s Post

The Michigan Guarantee, which will provide free community college tuition to MI high school graduates is a great thing to see. So much of the talent in our industry comes through community college programs in manufacturing technology, industrial trades, supply chain management, and more. We love to see more young people getting opportunities to enter the industry! #manufacturing #industrytrends #metalsmanufacturing #metalsindustry

As more than 2 million graduating high school students from across the United States finalize their decisions on what college to attend this fall, many are facing jaw-dropping costs — in some cases, as much as $95,000. A number of private colleges — some considered elite and others middle-of-the-pack — have exceeded the $90,000 threshold for the first time this year as they set their annual costs for tuition, board, meals and other expenses. That means a wealthy family with three children could expect to shell out more than $1 million by the time their youngest child completes a four-year degree. Read more: https://lnkd.in/dJetC-hV

The U.S. Department of Education has selected the Education Equalizer Foundation (EEF) to receive funds to increase FAFSA (Free Application for Federal Student Aid) completion rates among students entering college for the 24-25 academic year. This prestigious recognition is part of the Department’s next phase in its FAFSA support strategy, designed to ensure more students gain access to financial aid for higher education. https://lnkd.in/evBaeM-Z

As college tuition continues to climb, 529 Plans can offer a strategic solution for families supporting the education of their children. These plans serve as valuable estate planning tools, offering educational funding that is accessible and tax-efficient. https://lnkd.in/gBz9XkjC

Gov. Josh Shapiro on Friday is to announce a blueprint for changing how Pennsylvania handles state-funded higher education to make attending college more affordable with better economic outcomes for the commonwealth, his office said. Part one of Shapiro’s three-part plan calls for a cap of $1,000 per semester on tuition and fees at state-owned universities and community colleges for median-income Pennsylvanians making $70,000 or less. And it proposes increasing Pennsylvania Higher Education Assistance Agency grants by $1,000 for all students attending state-related universities and independent colleges. PHEAA administers financial aid. https://lnkd.in/enb_NJ6T

Do you hate those surprise medical bills after a doctor’s visit? Or applying to colleges without a clue about the cost? Well, worry no more (at least about the second one). Curry just teamed up with a few more colleges to bring you tuition transparency! Now I can’t use Curry College as one of many examples of price discrimination in my Econ courses (but don’t worry, plenty of other colleges are so far from tuition transparency). PS I asked AI to help me to rewrite my statement to sound funny which is so much better than me with humor:)

Money should not be a barrier to any student who wants to get a post-high school education. In today's world, the dream of a college education often feels out of reach for many families due to financial constraints. However, there are numerous misconceptions about funding higher education that need to be debunked to make this dream more accessible. #collegeloan #budget2024 #collegeeducation

Gov. Shapiro floats plan to cap in-state tuition at $1,000 per semester; plan will take some time, maybe years, to effectuate. Still, this could help many families in Pennsylvania. I take a look: #StudentDebt #Tuition #HigherEducation #StudentLoan #BucksCounty 

Most years, May 1 marks “decision day” when many colleges ask students to let them know whether they’ll be attending. But this year, problems with the Free Application for Federal Student Aid, or FAFSA, mean many students won’t know whether they can afford college, much less enroll. An updated version of the FAFSA, shorter and intended to be easier than previous editions, was released months later than usual. Then website malfunctions hindered families trying to complete the application. That red tape tangle is keeping some students from submitting the form and is leaving others waiting for results. Here’s what you need to know about this year’s FAFSA and how to tackle any issues.

📢 New publication on what merit aid means to #CommCollege, co-authored with Frank Fernandez, Yuxi Qiu, & Matt Capaldi. Funded by William T. Grant Foundation, we collected detailed data on state merit-aid programs & identified a pattern of program designs. https://lnkd.in/gKhJZ5Rh Key takeaways: - Most state-funded merit-aid programs (68 out of 78) *can be* applied to CCs or associate degree programs. - Most programs (47 out of 68) fall into what we call “CC Marginalizing Programs” with 5% of recipients as CC students taking up 3.2% of total expenditures. - Only 4 programs primarily provide merit aid to CC students: ~90% of recipients attending a CC with 90% expenditures devoted. - The remaining 17 programs fall in the middle, with varying design features (e.g., award amount, first-/last-dollar, applicable to non-tuition costs). Assuming merit aid is not going away any time soon: - Include design features to support equity (e.g., part-time students, need-based criteria) - Define *merits* for CC students beyond academic achievements - Stop ed policies with eligibility on paper & exclusion in practice