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Good news today for future college students: Obama signed into law an overhaul of the student loan program that will make loans easier to get and more affordable to repay.
It seems that higher education may be the only business that’s currently recession-proof. According to a survey released by the College Board, tuition at 4-year private colleges spiked 4.4% this year to over $26,000. Students at public institutions got an even bigger hit: up 6% for both in-state and out-of state students, to over $7,000 and $18,000 respectively.
If only I could be in this kind of predicament: a woman wrote a letter to Dear Abby this week asking if she had to accept her sister’s money to pay her kids’ college tuition.



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