Author: administración
Key Points A fifth year at an in-state public adds about $25,850 in tuition, housing and food, and $30,990 once books, transportation and personal costs are counted, based on College Board’s 2025–26 averages. Transfer students lost an estimated 43% of their credits on average, according to the GAO, and only 64% of students who started a bachelor’s in fall 2014 finished within six years. Remedial classes, housing costs and lost federal aid round out the list, and each one can be planned for before a student enrolls. Most families plan for 4 years of college, but the truth is only…
I have a secret I’ve been keeping from you all. I recently applied for a very high-level role in academic administration. While I wasn’t sure that I wanted to go into academic admin, the job description sounded like it was written specifically for me. It was in perfect alignment with my skills, talents, and interests. I had to go for it. I made it through multiple rounds of interviews, making it to the top 3 who interviewed in the final round for the role. And a couple of weeks ago, I got the call – they decided to go in…
Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. October 05, 2026 Federal Reserve Board announces approval of application by Isabella Bank Corporation For release at 4:30 p.m. EDT The Federal Reserve Board on Monday announced its approval of the application by Isabella Bank Corporation, of Mount Pleasant, Michigan, to acquire Grand River Commerce, Inc., and thereby indirectly acquire Grand River Bank, both of Grandville, Michigan. The Board also gave its approval for Isabella Bank, of Mount Pleasant, Michigan, to merge with…
CIT BankFor complete list of account details and fees, see our Personal Account disclosures.* Platinum Savings is a tiered interest rate account. Interest is paid on the entire account balance based on the interest rate and APY in effect that day for the balance tier associated with the end-of-day account balance. APYs — Annual Percentage Yields are accurate as of July 1, 2026: 0.25% APY on balances of $0.01 to $4,999.99; 3.75% APY on balances of $5,000.00 or more. Interest Rates for the Platinum Savings account are variable and may change at any time without notice. The minimum to open…
Key Points Schools paid 34,915 college athletes $1.77 billion directly in the first year of revenue sharing. That works out to about $50,700 per athlete on average. Only 68 of the 319 opted-in schools reached the $20.5 million cap or came within 5% of it. The cap rises to $21.58 million for 2026-27. Revenue sharing is separate from third-party NIL deals. The CSC reviews NIL deals through its NIL Go platform, and NIL income is generally taxed as self-employment income. Colleges paid student-athletes $1.77 billion in direct revenue-sharing payments during the 2025-26 year. This was the first year schools could…
Key Points College graduates earned about 87% more per hour than workers without a degree in 2022. By 2026, that premium had shrunk to about 78%, back to where it was in the mid-1990s. Real hourly wages for college graduates fell about 2% over that time, while wages for workers without a degree rose more than 3%. Borrowers now carry an average federal balance of $39,547, and the shrinking wage premium leaves less money to repay it. The extra pay that comes with a bachelor’s degree is shrinking for the first time in decades. A new working paper from economists…
College is an exciting time, but it can also be very expensive. Between tuition, textbooks, housing, food, transportation, and having fun with friends, it may feel like your money disappears as soon as you get it. I worked throughout college and looked for ways to save money wherever I could. I bought used textbooks, lived… College is an exciting time, but it can also be very expensive. Between tuition, textbooks, housing, food, transportation, and having fun with friends, it may feel like your money disappears as soon as you get it. I worked throughout college and looked for ways to…
Student loan default doesn’t mean your credit is ruined for life. Missed payments and a default will show up on your credit report and pull your score down, by 91 points on average according to New York Fed research, but there are steps you can take to get the default removed and repair your score along the way.The timing matters right now. The Department of Education paused involuntary collections on January 16, 2026, and your loan is still in default during the pause. When collections restart, defaulted borrowers face wage garnishments, student loan tax refund offsets, and Social Security offsets…
The Justice Department’s Civil Rights Division announced on October 1, 2026 that the University of California, Los Angeles School of Law discriminated against white and Asian applicants for its 2023, 2024, and 2025 incoming classes. In an eight-page findings letter (PDF File), Assistant Attorney General Harmeet K. Dhillon wrote that the school violated Title VI of the Civil Rights Act of 1964, as interpreted by the Supreme Court’s 2023 Students for Fair Admissions v. Harvard decision. In a statement, UCLA Law School denied the allegations: “Students are admitted through a comprehensive, merit-based review process that considers each applicant’s achievements and…
Just 31% of U.S. adults now say a college education is “very important,” according to a new Gallup poll. That is four points below last year’s 35% reading, the previous record low, and less than half the 70% who said the same in 2013. The result now sits slightly below Gallup’s 1978 starting point of 36%, adding to the long-running debate over whether college is still worth the investment. Skepticism on the value of college has also grown just as fast. The share calling college “not too important” climbed from 6% in 2013 to 29% today, while “fairly important” rose…