Monday, August 8, 2011

US debt deal means paying for college - especially graduate school - will get tougher - Boston.com

College is expensive. Now the 11th-hour agreement to raise the US debt ceiling is set to push costs higher. That’s particularly true for those pursuing advanced degrees, with subsidies to graduate and professional students ending. The upside: The savings will be used to help preserve Pell grants, which help low-income students.

Everything subsidized by the Federal Government is expensive.