More than a dozen colleges and universities have announced budget cuts, staff layoffs and tuition increases in June and midway through July to cope with rising budget deficits.
President Donald Trump's massive tax and spending package will cap how much money people can borrow from the federal government to pay for college and graduate school. For the first time, borrowers will have a total lifetime borrowing limit of $257,500 for all federal student loans.
As states cash in on the potential of non-degree credentials to become a more significant engine for economic mobility, new frameworks are emerging to ensure these innovative programs pass muster.
"The labor market for recent college grads in 2025, so far, is among the most challenging in the last decade, apart from the pandemic period" says Jaison Abel, an economist at the Federal Reserve Bank of New York. In addition to job cuts by federal government, tech companies and consulting firms are also scaling back after a period of rapid growth.
With recent college graduates entering one of the tightest job markets since the COVID outbreak, colleges and universities must find new ways to help students wow potential employers.
Many colleges require freshmen to live on campus for community and convenience, but a few—like the eight private schools below—mandate on-campus housing all four years.
A new AP-NORC poll finds that most American teens—especially girls—say graduating from college is very important to achieving their life goals. Despite rising tuition costs and student debt, teens remain more optimistic about college than adults, with about 6 in 10 calling it a top priority compared to 4 in 10 adults.
