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College prices rose 6.4 percent last fall, and a recent, separate report by the National Center flunked 49 of the 50 states on college affordability. That report found low-income families have been hit particularly hard, with the local college costing the average family in the bottom quintile of income 55 percent of their earnings now
-- up from 39 percent in 1999-2000. Prices are expected to rise again as state legislatures plug huge holes in their budgets, but officials in some states, such as Maryland, Kentucky and North Carolina, say they will try to minimize tuition increases next year. Many colleges are scrounging for money to maintain and even increase financial aid budgets this year, and the stimulus package moving through Congress is likely to boost Pell Grants for low-income students. As for private loans, while some private lenders have stopped making loans or tightened standards, there have been no reported problems with students seeking federal loans. Fifty-three percent of the poll's respondents said colleges could maintain high-quality education while spending less, and 55 percent said higher education pays more attention to the bottom line than to its educational mission. ___ On the Net:
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