When the Perkins Loan was retired last year, 710 BC students with high financial need were left to grapple with an impending financial aid gap that threatened their ability to pay next year’s tuition.
BC students with high financial need are among thousands affected by federal loan retirement.
The rise in tuition for the 2015-16 school year is consistent with increases in previous years.
In an attempt to contain the ever-increasing cost of college, President Barack Obama has announced a plan to rate colleges based on value with the ultimate goal of tying federal financial aid to those rankings. In both methodology and impact, this plan is flawed.
For many students, moving off campus is a welcome teaser for adult life: there are no resident assistants, no security desks, and a healthy sampling of non-Boston College students in the homes and apartments nearby. This additional freedom comes at a cost, however.