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Salina Journal Newspaper Archives Jul 27 2015, Page 1

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Salina Journal (Newspaper) - July 27, 2015, Salina, Kansas Want More we be got it. journal serving Kansas since 1871 vol. 145, no. 208 monday july 27,2015 75 cent baseball Ventura stars As pc wins series is. Astros royals acquire reds Star Pitcher a monday focus Salina South High school marching band prepares for fall a politics drama unfolds in . Senate As republicans take shot at fellow gop As limiting student debt local schools aim to help students manage Money and debts or womb. Simm Salina Bur no i cold Haw motto and Mission statements but you d Haw to look Long and hard to find one with the term Quot financially responsible graduates Quot but that is part of the motto of Hays Academy of hair design at Kansas Wesleyan University the actual title of the financial Aid director is Quot director of Stu Dent financial Aid planning Quot and Kansas state University Salina is launching a new pro Gram this fall called intended to prepare incoming students for College include my financial literacy and student Loans Axxal institutions of higher learning say they do care about issues such As student debt which is growing faster than to it Ion and try to teach students How to manage their Money and debts Quot we re not just about hair skin and said Den Melvin mar Ket Trig director for Hays Academy. Which has opera turns in Hays and Salina Quot topics we go Over include student Loans what kind of Loans there Are what their repayment schedule will be a and How to set up a budget around that a a cosmetology program s Cost the school s 47 week cosmetology program coat a Little More Hun to 4.000. Including tuition books and supplies and the typical student borrows about 19.800 Quot it to Crit Lea for them to understand these said Tyler Paulson. Hays Academy s director of student services Quot we encourage them to Start paying Back their loan even when they re still in school a even Iso a month can save them a lot of Money in interest later on if we can get them to do that they re fast tracking to Success Quot a people Don t come Here think my about business and Melvin said a they come Here because they want to do hair we think personal arum business Success first hair second Quot Quot we walk them through budgeting loan repayment Cost analysis All in great detail Quot we try to wort with students to Only borrow what they really of you re married Don t consolidate your student Loans with your spouses. It s not something you want to think about but in in 11 or Tutti Nii at of if Minnott it to it in 4 of surviving spouse could end up with both debts. Brandon Ebert financial adv tar. A heed in Selma said Susan Eberwein. Vice president of student services and financial Ald at Salina area tech meal College Quot but some think they have the world figured out and borrow More some borrow More than they need for tuition and supplies and them com Back with a Check for the extra amount and pay it Back Quot financial literacy was also an unexpected part of some of Verna Fitzsimmons classes Back when she taught engineering do the Nolti Quot at other institutions i be been at a not so much Here you d see tables out in the commons. With credit card companies trying to get students to sign up. And get a free t shirt said fits Winona now Cro and Dean of Kansas state University Salina Quot in my engineering cd asset we d go Over and do the math a of you buy Assolin pizza and put in on that card and make the mini mum payment How much Are you really paying for that pizza it could a so to so Quot sea debt. Page Ai tips for financing a College education ii Jai Ewd Bride opa dip Rifg a Gerri Rfael student Loans can be forgiven for those who go into teaching As much As $17.soo forgiven or who go to work for a wide Van my of government nonprofit or pub Etc service jobs the balance can be forgiven after on time payments have been made for to years there is an Effort under Way to have farming declared a Public service and be eligible for loan forgiveness. A us deportment of education i the state Al Kama has a program to pay off As much As $15,000 in student Loans to people with College degrees who establish residency in a county after it opts into the program. Quot look harder for scholarship even if you dont have Good grades. There Art scholarships for people who have a longtime love of scots country dancing. There Art More scholarships for juniors and seniors that Arent available for freshmen.0 lots Madsen. Director of student financial planning. Fibred in who Rabia a aaa a you can get a loan for College but you cant get a loan for retirement.0 Shandon emt explaining Why parents should be careful about How much they spend on their children s education eligible counties Arr. Allen Barber. Bourbon Brown. Chautauqua. Cherokee. Cheyenne. Clark. Clay. Cloud Coffey Comanche Decatur Doniphan Edwards eke Ellsworth Cove. Graham Gram Gray. Greeley Greenwood Ham or Polf Voci pets Noe Jewell. Foamy. Kingman Kiowa Lane Lincoln Logan Marion. Marshall made Mitchell. Montgomery Morris Morton. Nemaha Neosho. Ness Norton Osborne. Ottawa Pawnee. Fhi a a it Aas of a wok a Lime meia twp Udvic inc Rooks flush. Russell Scott Sher 1/4 set thai eel in Fmick be eared Ken if min minora Stanton. Stevens Thomas to begot Wallace Washington. Wichita. A a a Zuj my Wilson Ana Woodson Quot Kooij department of Commerce How fast Are College costs rising by Mcnail strand Salina internal Quot How a yer wife Quot Quot com Paul to what9�?� that old vaudeville joke silk stands up because the Grain of truth it contains Quot compared to what Quot is an important question How expensive la College compared to what9 in 1975, a Hill time is hours semester at Kansas state University coat 268, by 2015, it had grown to 4.112 but prices of almost eve Ery Lhing have increased Over 40 years putting us Back to Quot compared to what9&Quot let look at some other common measures and How much they be increased i wheat has increased 31 percent i consumer Tice Index 343 percent i a gallon of gasoline. 422 percent i an ounce of Gold. Ooi percent i tuition at fort Hays state. 1,060 percent i tuition at Kansas state 1.445 percent i tuition at the University of Kansas. 1,528 percent i Dow Jones Industrial average 2.755 percent i Berkshire Hathaway Stock. 52.800 percent so. Yeah College is compared to some things More expensive than ifs been in decades why9 because it can be a because people keep paying for it or borrowing for it no matter the Price Hyp Citha it Back in 1987. William Bennett who was then us. Secretary of education stated that Quot increases in financial Aid in recent years have enabled colleges and universities to blithely raise their tuition confident that Federal loan subsidies would help Cushion the increase Quot earlier this month the Federal Reserve Bank of new York released a new study largely confirming what s become called the Bennett hypothesis Quot the study concluded that Quot each additional Bell Grant Dollar to an institution leads to a roughly 55 cent increase in sticker Price tuition. For subsidized Loans a find a somewhat larger Pas through effect of about 70 it also found that each new Dollar in Bunsub skilled Loans increase tuition by 30 Cen tax Price is somewhat in murky Mitat Ara it ai44 Porum Uio Varna pitas in Mon Dean and ceo of Kansas state University Salina who said thens Are numerous image Why education coms continue to rile. Faculty raises and promotions utilities. Insurance end building maintenance All 44 up she said see Conti. Page As f Fly forecast High 101 Low 79 hot with a South wind gusting to 29 mph. / 04 a Nna Varory m a Many tonne is prevalent in our country. With Al the a tour religions present with Freedom of religion end separation of Church end male How dote quoting the Bible carry Wiy Validity in a political or Legal la not Auch action an kit Roamon of Region whether by Parson or government ached Only but in the extreme Ade by ram ton hat Shade Taw aaes Manile. Haman Hobbs. 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