Education loan : Report Reveals Student Loans, College Aid on the Rise - PowerPoint PPT Presentation


Title: Education loan : Report Reveals Student Loans, College Aid on the Rise


1
Education loan
2
Report Reveals Student Loans, College Aid on the
Rise
3
  • The report "The Condition of Education 2013,"
    recently released by the Department of Education
    and the National Center for Education Statistics,
    is a fascinating, if daunting, statistical deep
    dive into every aspect of secondary and
    postsecondary education in the United States.
  • Because it's the Student Loan Ranger's focus,
    we'll talk about the postsecondary side as it
    relates to student debt.
  • But the whole report is worth downloading.

4
  • One of the first statistics that jumps out at the
    Student Loan Ranger suggests that postsecondary
    education is a big business and a growth
    business.
  • Education accounted for a whopping 3.2 percent of
    the nation's gross domestic product in 2010 up
    from 2.6 percent in 2000 and total expenditures
    by postsecondary institutions increased 43
    percent, from 338 billion to 483 billion,
    between 2000 and 2011, the report shows.
  • Not only is it big business, it's big government.
    According to the report, the federal government
    provided one-third of the 2011 expenditures on
    education, totaling 181 billion.
  • A massive 146 billion of this was as student
    financial aid in the form of student loans,
    grants, work study, etc.

5
  • It won't surprise regular readers to hear that
    most of this financial aid was in the form of
    loans.
  • The federal government disbursed 108.6 billion
    in loans which have to be repaid to nearly
    19.2 million borrowers, according to the report,
    compared with 37.8 billion in grants which
    don't have to be repaid to 10.5 million
    grantees.
  • These loan amounts have increased over time as
    well in 2000, the report states, the federal
    government disbursed only 43 billion in student
    loans to 7.5 million students.

6
  • Wherever a student chooses to go to college, it's
    important to note that as college costs continue
    to rise, so has the need for financial aid,
    ranging from federal loans and grants to state,
    local and institutional grants and private loans.
  • In academic year 20102011, 85 percent of
    first-time, full-time undergraduate students at
    four-year, degree-granting institutions received
    financial aid, including a full 90 percent of
    students at private for-profit institutions,
    according to the report.
  • An overarching lesson students should draw from
    the "big data" presented in the report is that
    although college remains a valuable investment,
    it is also a significant financial risk.

7
  • Every student should work hard reduce that risk
    by looking at the net price of colleges,
    considering starting at a community college,
    filling out the Free Application for Federal
    Student Aid to ensure their eligibility for
    federal aid, including grants and less risky
    Education loan, and utilizing websites like
    Fastweb.com to look for scholarships.
  • Source http//bit.ly/1LcBzKJ

8
Follow us on
https//www.facebook.com/AvanseEducationLoan
https//www.linkedin.com/company/avanse-financial-
services
https//twitter.com/avanseeduloan
https//plus.google.com/AvanseFinancialServicesLt
dMumbai
https//www.youtube.com/channel/UCcsuUx1EH1C08XmX2
embpug
9
Read more on Education Loans
http//www.avanse.com/avanse-education-loans/
Thank You..!!!
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Education loan : Report Reveals Student Loans, College Aid on the Rise

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Every student should work hard reduce that risk by looking at the net price of colleges, considering starting at a community college, filling out the Free Application for Federal Student Aid to ensure their eligibility for federal aid, including grants and less risky Education loan, and utilizing websites like Fastweb.com to look for scholarships. – PowerPoint PPT presentation

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Title: Education loan : Report Reveals Student Loans, College Aid on the Rise


1
Education loan
2
Report Reveals Student Loans, College Aid on the
Rise
3
  • The report "The Condition of Education 2013,"
    recently released by the Department of Education
    and the National Center for Education Statistics,
    is a fascinating, if daunting, statistical deep
    dive into every aspect of secondary and
    postsecondary education in the United States.
  • Because it's the Student Loan Ranger's focus,
    we'll talk about the postsecondary side as it
    relates to student debt.
  • But the whole report is worth downloading.

4
  • One of the first statistics that jumps out at the
    Student Loan Ranger suggests that postsecondary
    education is a big business and a growth
    business.
  • Education accounted for a whopping 3.2 percent of
    the nation's gross domestic product in 2010 up
    from 2.6 percent in 2000 and total expenditures
    by postsecondary institutions increased 43
    percent, from 338 billion to 483 billion,
    between 2000 and 2011, the report shows.
  • Not only is it big business, it's big government.
    According to the report, the federal government
    provided one-third of the 2011 expenditures on
    education, totaling 181 billion.
  • A massive 146 billion of this was as student
    financial aid in the form of student loans,
    grants, work study, etc.

5
  • It won't surprise regular readers to hear that
    most of this financial aid was in the form of
    loans.
  • The federal government disbursed 108.6 billion
    in loans which have to be repaid to nearly
    19.2 million borrowers, according to the report,
    compared with 37.8 billion in grants which
    don't have to be repaid to 10.5 million
    grantees.
  • These loan amounts have increased over time as
    well in 2000, the report states, the federal
    government disbursed only 43 billion in student
    loans to 7.5 million students.

6
  • Wherever a student chooses to go to college, it's
    important to note that as college costs continue
    to rise, so has the need for financial aid,
    ranging from federal loans and grants to state,
    local and institutional grants and private loans.
  • In academic year 20102011, 85 percent of
    first-time, full-time undergraduate students at
    four-year, degree-granting institutions received
    financial aid, including a full 90 percent of
    students at private for-profit institutions,
    according to the report.
  • An overarching lesson students should draw from
    the "big data" presented in the report is that
    although college remains a valuable investment,
    it is also a significant financial risk.

7
  • Every student should work hard reduce that risk
    by looking at the net price of colleges,
    considering starting at a community college,
    filling out the Free Application for Federal
    Student Aid to ensure their eligibility for
    federal aid, including grants and less risky
    Education loan, and utilizing websites like
    Fastweb.com to look for scholarships.
  • Source http//bit.ly/1LcBzKJ

8
Follow us on
https//www.facebook.com/AvanseEducationLoan
https//www.linkedin.com/company/avanse-financial-
services
https//twitter.com/avanseeduloan
https//plus.google.com/AvanseFinancialServicesLt
dMumbai
https//www.youtube.com/channel/UCcsuUx1EH1C08XmX2
embpug
9
Read more on Education Loans
http//www.avanse.com/avanse-education-loans/
Thank You..!!!
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