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☆ Student-loan borrowers are taking on more debt, and it's not all tuition — blame skyrocketing housing costs
▼ + stars: | 2024-01-07 | by ( Eliza Relman | Ayelet Sheffey | ) www.businessinsider.com time to read: +8 min

AdvertisementRigel Robinson, chair of the Land Use, Housing, and Economic Development Committee on the Berkeley City Council, said "the student housing crisis has become the defining characteristic of the student experience at UC Berkeley." Experts said the housing crisis is making the already high student-debt load in the country worse. But with housing costs spiking, living expenses are a big part of the story for many. Darrell Owens, a policy analyst at California YIMBY — an advocacy organization working to end California's housing crisis — noted that the student housing crisis exacerbates the broader housing crisis. "Then what ends up happening is that they spike housing costs for other people."

Persons: —, Katie Ibsen, Ibsen, Berkeley, Gavin Newsom, Rigel Robinson, Robert Kelchen, Kelchen, Marcella Bombardieri, Bombardieri, They're, Pell, I've, Darrell Owens, Robinson, it's Organizations: Service, University of California, Business, Gov, Economic, Berkeley City Council, UC Berkeley, Department of Educational, University of Tennessee, Knoxville ., Center for American Progress, Kootenai, Parsons School of Design, Hope, Temple University, Pell Grants Locations: Berkeley, COVID, Davis , California, Knoxville, Knoxville . College, California, Montana, Kootenai College, New York City, Jersey City

☆ University early decision applications mostly benefit rich kids
▼ + stars: | 2023-10-22 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +6 min

For them, applying early decision is a risk. According to the latest data from the University of Pennsylvania, the acceptance rate for students applying early decision was 16% for the 2022-23 academic year. “Typically, we admit about half of the incoming class through the early decision admissions plan,” said a University of Pennsylvania spokesperson. That same Duke survey found that nearly half of early decision applicants identified as White. He said he considered applying early decision to Cornell University, but ultimately decided against it.

Persons: ”, “ It’s, Marcella Bombardieri, it’s, Rachel Rubin, “, Duke, Rubin, Sai Mandhan, Mandhan, It’s, he’s, ‘, Cornell … Organizations: CNN, Harvard, Ivy League, University of Pennsylvania, Center for American Progress, Duke University, Students, Georgetown University’s, Court, Yale, Notre Dame, Stanford, Yale University, Cornell University, Cornell, University of Maryland Locations: Maryland

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