University Costs Rise by 6%, Congress Considers Cutting Back Student Loan Programs
An annual survey released on Thursday by the College Board indicates that College tuition and fees rose by six percent this school year. The increases in college costs is rising faster than inflation and comes at a time when Congress plans to reduce b oth student loan and grant programs. The increases in costs and cut in grants are coming together in such a way that, "many young people in our society face a deeply mortgaged future," said Donald M. Stewart, president of the College Board.
Media Resources: The New York Times - September 29, 1995