How America Pays for College 2010: A national study by Sallie Mae and Gallup

Paying for College
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<p>Parents and kids looking for money for college should probably be aware of this report:
Sallie Mae’s “How America Pays for College 2010” (PDF, 4MB) study, conducted by Gallup, finds that even in a continued period of economic uncertainty, families are digging deeper to invest in what they value: a college degree. <a href=“404”>404;

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<p>Very interesting article.</p>

<p>Every few days there is an posting on CC on how the upper middle class is being squeezed out. This article provides the necessary proof:</p>

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The income group that saw the biggest increase in the average cost of attending college was the $100,000-$150,000 group—they reported a 30-percent increase in the average cost of attendance from 2008-09.*</p>

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<p>That seems to suggest that higher-income families will have to consider doing, if necessary, the same things that lower-income families have no choice but to do – apply to an Ivy-type school just in case, then work within your limits by attending a community college or commuting to an in-state school if merit aid opportunities don’t work out.</p>

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<p>The kids from higher-income families who can no longer afford competitive private colleges are increasingly applying to competitive public colleges.</p>

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<p>Jaydee12 - you are exactly right. It is getting more and more competitive to get into the better state schools - and that means more than just the flagships.</p>