college costs

A child who is 11 years old today could be paying more than $20,000 by the time he or she enters state school, according to an actuarial report prepared for the state's prepaid tuition program.

Gov. Chris Gregoire isn't happy about Western Washington University's new faculty contract.

She wrote a letter last week to Western President Bruce Shepard expressing "grave concerns" about the raises faculty members are getting.

It came down to the wire, but finally, Republicans and Democrats agreed on a deal that keeps the interest rate on government-backed student loans from doubling. It will save the average borrower about $1,000 a year, but the compromise is likely to cost students a lot more than that over the long term.

The agreement that lawmakers passed Friday will keep interest rates at 3.4 percent for another year. Anthony DeLaRosa, a 23-year-old University of Colorado graduate, says it's a big victory.

Growing up near Philadelphia, Michelle Holshue's dream was to serve those in need. Applying to nursing school at the University of Pennsylvania seemed like a smart move — in 2007.

Nursing jobs were plentiful. The students' running joke was that hospital executives would soon be stopping them in the street, begging them to come to work.

Then the economy tanked. For a time, Holshue was an Ivy League grad on unemployment and food stamps.

Congressional leaders on Tuesday said they were close to a deal to solve two big issues facing lawmakers — student loan interest rates and federal highway funding.

Both issues with looming deadlines have high stakes for middle-income Americans: If Congress fails to reach agreements by this weekend, the federal highway program would come to a halt, and student loan interest rates would double, to 6.8 percent.

Student Loans

President Obama has been hammering on the issue of student loans for days.

An increase in the number of people protesting with the student group #MicCheckWallStreet last night on Capital Hill brought an increase in police presence with it.

And, not long after more than 80 people took to the streets to “peacefully” protest the rising costs of a college education, according to one organizer, the gathering turned hostile when a single arrest was made.

Paula Wissel / KPLU

 It used to be if you can't go to a four year school, go to community college.  Now, it's like what are you supposed to do if you can't go to community college?   

  Daniel Jean Baptiste, South Seattle Community College student 

Tuition will go up at the state's public two-year colleges by an average of 12 percent this fall.  For a full-time student, tuition will go from $3,542 to $4,000--a 13 percent increase.

The State Board for Community and Technical Colleges voted on the increase to help offset $110 million in state cuts to the community and technical colleges. 

Many students, already struggling to afford school, say it threatens to put higher education out of reach.

Despite signs that the state economy is improving, finding money to send children to college is still becoming more difficult.

More students received financial aid last year, but even more families aren't getting the help they need, according to a new report from the Washington Higher Education Coordinating Board.