Center for Digital Learning’s Post

Over the past 20 years, tuition costs at ranked National Universities have risen significantly. This upward trend includes rising tuition fees and additional expenses such as housing, food, transportation, and books. Many families consider in-state colleges to reduce costs and limit student debt. However, data shows consistent increases in average tuition and fees at both private and public National Universities, take a look here: Source: U.S. News & World Report #TuitionCosts #CollegeExpenses #HigherEducation

Recent analysis on Wonkhe has highlighted the severe impact of financial difficulties on students, emphasising the crucial need for enhanced support systems. Our Basic Needs Survey at Staffordshire University helped shape these wider sector findings, revealing the profound struggles students face in balancing well-being and study due to financial constraints. This calls for a united effort to address these disparities and ensure that all students receive the necessary resources to thrive. Professor Annabel Kiernan says: "The Survey underscores the struggles students face in maintaining their well-being and academic performance due to inadequate financial support. "This is a call to action for all stakeholders in Higher Education to address these disparities and ensure that all students have the resources they need to succeed." Read the article below:

In the economic climate, the question about how much it costs to be a student is so important. I've talked about it with my own kids, they're in their GCSE years, but they are already worried about the cost and debt of going to university. They're already looking for information about the alternatives to a degree; they are scared of the debt they're expected to take on. Jeez, they're only just teenagers. How can they be expected to understand the long-term effect of +£60k debt on their future lives?? The Higher Education Policy Institute and Nicholas Hillman have asked the question "How much do students need to live on?", and have an answer. More here: https://lnkd.in/edq6XjRv #Education #Learning #HigherEd #HigherEducation #StudentDebt #Wellbeing #University #StudentExperience #LearningMate

The Impact of UK Undergraduate Tuition Fees on Students In recent years, the issue of rising undergraduate tuition fees in the UK has had a profound impact on students. The cost of attending university has significantly increased, leading to financial strain for many individuals and families. This has raised concerns about accessibility to higher education and the long-term effects on students and society as a whole. One of the most immediate impacts of the increase in tuition fees is the financial burden it places on students. Many young people are graduating with significant amounts of debt, which can be a major source of stress and anxiety. Thi... > Readmore https://lnkd.in/ezR5E3Xh

£9,535 a year for a great education - what’s the big deal? 🙄 It’s only a £1140 increase over a four-year degree… Hmmm. Naw. Not exactly the point though, is it? The average uni student already bears a hefty £45,600 debt upon graduating. That’s without adding the £26,800 in interest the average student pays across 31 years. University applications dropped back to back in the past two years. This news will do little to deter that happening for a third year with the class of 2025. People in this country are struggling, students more so than most, so for the government to promise student fees wouldn’t rise in the lead-up to the election and then go back on their word is a slap in the face. I understand the country is in a financial hole that needs funding, but already struggling students should not be on the chopping block, in my opinion. What do you think? #University #TuitionFees 

40% of UK universities are facing budget deficits this year, marking an average loss of £2,500 per student. But what does this mean for higher education? Declining domestic student fee income, combined with international student recruitment restrictions, has created a financial storm. Universities are forced to rethink their revenue models. This situation urges the academic community to explore new funding avenues. Online education and partnerships with industry may offer sustainable solutions to this crisis. The question is, how will universities adapt? Share your thoughts on how higher education can innovate to overcome financial challenges #UKuniversities #budgetdeficits #highereducation #studentfees #internationalstudents #revenuemodels #fundingavenues #onlineeducation #industrypartnerships #financial #ReachifyMe

Did you know that recent tuition fee and maintenance increases will not generate any upfront costs from students? See how universities spend tuition fees, how loans are repaid and how universities are becoming more efficient: https://loom.ly/FHnuVHs

Over the past two decades, tuition at private universities has surged by 40%, out-of-state public university costs have increased by 38%, and in-state public universities have seen a staggering 56% rise (adjusted for inflation). With these escalating costs, many parents are seeking ways to support their loved ones so that they may get an education without plunging into debt. One popular solution is the 529 education savings plan—a resourceful tool designed to help fund higher education. Read more in our latest article 👉 https://lnkd.in/dXfXGJbG #FinancialGoals #WealthManagement #ObsidianPlanning

Are we failing our students? A piece from the the FT today on the 'cost of learning crisis' faced by uni students in England 🎓💸 Link to article (paywall): https://lnkd.in/eq-PD8-F Key points: 1️⃣ Government maintenance support for university students in England is at its lowest level in a decade 2️⃣ The gap between maximum loan entitlement and minimum income standard has rapidly grown due to inflation 3️⃣ Financial pressures are impacting poorer students, and middle-income families bear a larger share of student support 4️⃣ University leaders call for increased government contributions to student support 5️⃣ The Department for Education highlights increases in loans, grants, and hardship funds 6️⃣ Failure to address financial challenges risks reversing progress in social mobility and widening opportunities in higher education What are the possible solutions here? #HigherEducation #StudentSupport #SocialMobility 📚

As public universities provide wealthy students with "discounts," they charge low-income students an average net price of $18,000. Here, our senior advisor Stephen Burd investigates how such #FinancialAid leveraging practices are pricing out less wealthy students and forcing them to rely on risky payment options like Parent PLUS loans. 🚨 https://lnkd.in/emHYtZyY Psst! Interested in how this extremely lucrative industry—known as enrollment management—transformed #admissions and financial aid systems over time? ...and with virtually no regulation? Steve literally wrote the book on how this shift has widened affordability gaps in #HigherEd: https://lnkd.in/e3qnfvVU 👀 📖 👀