+
Education

Princeton just made college more affordable by ditching student loans and covering tuition

This sounds radical but it's actually life-changing for students who qualify.

Princeton; student loans; tuition; affordable college
Photo by Joshua Jen on Unsplash

Princeton just made college more affordable.

Many parents know the excitement and apprehension that comes with college application season. We encourage our children to reach for the stars and then sticker shock sets in when they get into their dream school. It's a feeling that will quickly apply the gravity of Jupiter onto any excitement you might have been feeling as a parent, but Princeton, an Ivy League university, is about to change lives. The prestigious school recently announced that it has removed student loans from its financial aid packages and will cover the tuition including room and board for students whose families make less than $100,000 a year.


Whoa! This is huge news, but this isn't the first time Princeton has done something like this. Even before announcing this monumental change, it has granted free tuition for students from families making less than $65,000. The income limit increase will allow the school to help more families afford a higher education. Granted, most kids applying for college won't qualify for entrance to the school due to its highly competitive admissions process. But there are plenty of teens that do qualify and can't attend because the price tag isn't always covered completely by financial aid and scholarships.

Photo by Dom Fou on Unsplash

The current cost of attendance at Princeton for the 2022-2023 academic year is $79,540, which includes room, board and miscellaneous fees. On average, college costs between $11,631 to $28, 238 per year for a public university depending on whether the student is considered in-state or out-of-state. For a private college, the average cost is $43,775. The price difference between Princeton and the average cost of tuition is staggering, but it's Princeton, one of the most prestigious colleges in the United States.

Princeton eliminating the option for student loans in 2001 and now providing a free education for qualifying students will help them graduate without any college debt, likely changing the course of the students' lives. The average student loan borrower owes more than $30,000 in student loans, which has been shown to affect their ability to purchase homes and increase their personal wealth. Eliminating school debt for students from low and middle class households will allow for upward mobility and an easier path forward to building wealth.

But Princeton isn't the only school that took the option for student loans away and offered up free education. Colgate University announced in 2021 that it would do away with what some call predatory student loans and replace them with grants funded by a $1.3 billion endowment. The private New York college also made tuition free for students whose families make $80,000 a year or less.

Photo by Davide Cantelli on Unsplash

Colleges are hearing the concerns about the amount of student debt people have to take on—an issue that causes some people to opt out of college altogether. Yale, Amherst and Harvard have also cut loans from their financial aid packages, vowing to work with parents to provide enough aid through grants that loans won't be needed. If more schools take this approach we could eliminate the normalcy of graduating with mountains of student loan debt that seems to grow no matter if you make timely payments or not.

Sure, it's Princeton and other Ivy League schools that are using their deep pockets to give their students the best start, but if they can do it, what's stopping other schools from reworking their numbers? Student loan debt relief shouldn't begin and end at elite universities. Taking a hard look into the student loan crisis and finding tangible ways to address it at the colleges themselves could lead to an economic shift in the future. Hopefully other colleges continue to take note.

via Pexels

A woman sitting cross-legged on a yoga mat

Everyone wants to know how long they will live and there are many indicators that can show whether someone is thriving or on the decline. But people have yet to develop a magic formula to determine exactly how long someone should expect to live.

However, a doctor recently featured on the "Today" show says a straightforward test can reveal the likelihood that someone aged 51 to 80 will die in the near future.

NBC News medical contributor Dr. Natalie Azar was on the "Today" show on March 8 and demonstrated how to perform the simple “sit to stand test” (aka sit-rising test or SRT) that can help determine the longevity of someone between 51 to 80.

Keep ReadingShow less

Brendan Fraser in "Journey to the Center of the Earth"

After an epic Hollywood comeback—including a momentous Oscar win—could the well of heartwarming, inspiring Brendan Fraser stories run dry?

Of course not. It’s Brendan Fraser.

Granted, this anecdote is technically from 2007, but thanks to it recently being shared by FX artist Dave Rand, it’s like the world is now privy to a whole new layer of Fraser’s enduring kindness.

In a lengthy two-part Twitter post, Rand detailed how his special effects crew for “Journey to the Center of the Earth” had nearly been robbed of $1.3 million dollars worth of work.
Keep ReadingShow less
via Pexels

A couple havng a fun coversation on a date

When we think about gifted conversationalists, we’re more likely to think of great talkers—those who wow us with their insights, wit, and charm. However, communication experts believe that if you want to make a great impression on someone, knowing how to listen goes a long way.

Those of us who love being verbose may think the world loves us because of how well we can talk. But the person sitting in front of you has a lot to say, and nothing makes them feel better during a conversation than your undivided attention.

As the old saying goes, we never quite remember everything someone has said to us, but we’ll never forget how they made us feel. When you actively listen to your conversation partner, they feel that you value them and are receptive to their needs. It also eases any feelings of conflict or resentment.

Keep ReadingShow less
Joy

Fred Meyer store got $50,000 for winning Powerball ticket and gave it all to a local food bank

The money will provide approximately 66,000 meals to the community.

A Fred Meyer store in Washington State passed its lottery bonus on to the Auburn Food Bank.

When someone wins a Powerball lottery jackpot, they aren't the only ones who get a cash prize. The store that sells the winning ticket also receives a cash bonus for selling the winning ticket. The amount of the reward varies depending on the state and the total amount of the lottery, but it can end up being a significant chunk of change.

On February 6, a Fred Meyer store in Auburn, Washington, sold the winning ticket for the $754.6 million Powerball jackpot—the fifth largest Powerball amount ever seen. As a bonus for selling the ticket, the Fred Meyer store received a check for $50,000.

But instead of pocketing the cash, the Kroger-owned store turned around and gave it to the Auburn Food Bank.

Keep ReadingShow less

Arnold Schwarzenegger speaks out against antisemitism.

Like a flame that never seems to get completely snuffed out, antisemitism is again on the rise in the United States. The Anti-Defamation League (ADL) says that the number of documented reports of harassment, vandalism and violence directed against Jewish people has risen to the highest level since it began recording these incidents in 1979.

The ADL says that antisemitic incidents have steadily increased since 2016.

The pain is felt among the Jewish community, of which 41% say that the status of Jews in the U.S. is less secure than it was the year before. Thirty-one percent agreed with the same statement in 2021.

This disturbing trend inspired actor and former California governor Arnold Schwarzenegger to speak out. Interestingly, he didn’t direct his words at those who stand against hate but at those who may have "stumbled... into the wrong path."

Keep ReadingShow less

Brendan Fraser emotionally cements his comeback.

Brendan Fraser has become everyone's favorite comeback story after his long break from Hollywood, which he attributed to being blacklisted after his 2018 interview with GQ. In the interview, he revealed that he was sexually assaulted by the former president of the Hollywood Foreign Press Association, Philip Berk, though Berk denies the claims.

Fraser also experienced a lot of personal setbacks during his time away from Hollywood, including losing his mother, getting divorced and living with depression. But since the release of his recent hit, "The Whale," in which he plays a morbidly obese, gay father attempting to reconnect with his teenage daughter, it seems the awards keep coming and people can't get enough. Fraser's most recent win is the coveted Oscar for Best Actor, his first nomination with the Academy, and his speech was full of emotion and gratitude.

Keep ReadingShow less