Tuesday, February 27, 2007

Adult Learners Tend to Rely on Cash and Employer Assistance.

A recent article in the Chronicle of Higher Education states, "Adult Learners Tend to Rely on Cash and Employer Assistance to Pay for College, Survey Finds."

"Most students in adult, continuing-education, and professional programs at American colleges and universities rely on personal savings and employer-provided tuition assistance to pay for their education, according to a new report based on a survey of 25,000 current and prospective students."

"Of those surveyed, 50 percent said they used or planned to use cash and nearly half (48 percent) said they used or planned to use tuition assistance to pay for at least part of their college courses, while about a quarter identified federal student loans (28 percent) and scholarships (22 percent) as financial resources. Responses in those categories overlap because most of the respondents used at least two financial sources."

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