college costs
Coverage of college costs in the Nexus archive.
- Can You Hack Your Brain to Stop Impulse Buying? | Money Moves with Jill Schlesinger
South Korea is experiencing a rise in 'dopamine sites' that allow users to simulate the thrill of online shopping or food delivery without spending money, potentially aiding compulsive spenders. Jill Schlesinger helps caller Danielle navigate financial challenges after she took a pay cut and now faces unexpectedly high college costs for her child while trying to save for retirement.
- Opinion: The College Cost Fog Machine: We Need a New Transparency Compact
The article highlights persistent confusion around college costs due to opaque financial aid systems, citing a 1998 congressional report warning of a 'veil of obscurity' in higher education. It notes that financial aid offers often mix grants, loans, and work-study in unclear ways, eroding public trust. A 2022 Government Accountability Office report found most colleges fail to meet basic standards for clear cost communication.