College Tuition

college class
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During the Great Recession, 48 states cut spending on higher education, according to the Center on Budget and Policy Priorities. That funding has not rebounded. North Carolina colleges and universities lost 25 percent in state funds since 2008. South Carolina schools lost about 40 percent. To make up for those cuts schools are charging students a variety of special fees.

President Obama Friday proposed a plan that would provide tuition assistance to community college students. All students who are enrolled at least part-time and who maintain at least a 2 .5 GPA would qualify. The White House hasn’t released many details.

North Carolina Congresswoman Virginia Foxx, a former community college president, calls it the "wrong approach for the federal government to take."

The idea has support, though, from Central Piedmont Community College president Tony Zeiss.  He spoke to WFAE's Duncan McFadyen.

Jury Convicts Boone Man In $25M Metals Scam

Mar 2, 2014

A Florida jury has convicted a North Carolina man of operating fraudulent precious metals investment businesses that fleeced investors of 25 million dollars. The jury found 54-year-old Arthur John Schlecht of Boone guilty Thursday of conspiracy and wire fraud charges. He faces a maximum 40-year prison sentence plus fines and restitution. Prosecutors say there were hundreds of victims. Four other defendants pleaded guilty. Schlecht's companies offered people the chance to invest in gold, silver, platinum and palladium bullion that would be stored in vaults for them.


"Tuition Resets." It’s a buzz term in higher education for schools who say they’re responding to students and parents who say they can’t afford college tuition, with the hikes in rates over the last several years. About a dozen colleges across the US have adjusted their tuition rates recently, and the presidents of two of those colleges in OUR region will join us today. We’ll talk about the decision to lower rates at those schools, what a tuition reset really means, and the overall trend in the cost of college across the US.

Tasnim Shamma

Johnson C. Smith University President Ron Carter is urging the Department of Education to reconsider changes to the Federal Parent PLUS loan. Carter blames those changes for the school's recent three million dollar budget cut.

Belmont Abbey Cuts Sticker Price By $10,000

Nov 28, 2012
Courtesy of Belmont Abbey College

Tuition at the private Catholic college Belmont Abbey was set to rise by about 5 percent next year to $29,000. Instead, the school announced Wednesday that it's actually going to lower tuition for incoming and transfer students by $10,000.  

It's what some colleges have begun to call a "tuition reset." A few colleges and universities have announced drastic tuition cuts.

While some want to boost enrollment numbers, Belmont Abbey's president Bill Thierfelder wants to match tuition the actual cost of a student attending the college.