ADVISORY/More College Students Paying With Loans.Business Editors ADVISORY... --(BUSINESS WIRE)--Aug. 2, 2001 TOPIC: New government research on college costs claims that about 55 percent of undergraduates paid for the 1999-2000 school year with loans and grants, up from about 50 percent five years ago. The report, released by the National Center for Education Statistics, claims the average undergraduate received about $6,265 in federal loans and/ or grants 1999-2000, according to a story by CNN. Federal student loans at public universities reportedly averaged about $4,743 in the past school year, while federal loans at private institutions hovered, on average, around $5,161, the story said. The study did not examine private loans, the story said. Experts cited in the story reportedly said that people don't understand what a "deal" undergraduate education is with most schools actually charging students less than is spent to educate them. EXPERTS: ExpertSource can offer several highly qualified experts to comment on this story: Dr. Michael Baer is Senior Vice President for Programs and Analysis at the American Council on Education Established in 1918, the American Council on Education (ACE) is a United States organization comprising over 1,800 accredited, degree-granting colleges and universities and higher education-related associations, organizations, and corporations. . His expertise includes the intersection intersection /in·ter·sec·tion/ (-sek´shun) a site at which one structure crosses another. intersection a site at which one structure crosses another. of politics and higher education higher education Study beyond the level of secondary education. Institutions of higher education include not only colleges and universities but also professional schools in such fields as law, theology, medicine, business, music, and art. . 202/939-9551 Prof. Alexander Astin Alexander W. Astin is the Allan M. Cartter Professor of Higher Education Emeritus at the University of California, Los Angeles. He is also Founding Director of the Higher Education Research Institute at UCLA. is the Allan Murray Allan Murray (born May 20, 1982) is an Australian rules footballer, formerly with Port Adelaide and St. Kilda in the Australian Football League. He was recruited as the number 35 draft pick in the 2000 AFL Draft from Lavington. Cartter Professor at the Graduate School of Education and Information Studies at UCLA UCLA University of California at Los Angeles UCLA University Center for Learning Assistance (Illinois State University) UCLA University of Carrollton, TX and Lower Addison, TX . He is also Director of the UCLA Higher Education Research Institute The Higher Education Research Institute (HERI) serves as an interdisciplinary center for research, evaluation, information, policy studies, and research training in postsecondary education. . Astin is founding director of "The American Freshmen," better known as the annual freshman survey. The last survey to be released (January 1999) was the 33rd freshman survey to be conducted and included nearly 400,000 freshmen at 668 two- and four-year institutions. Lately, Astin's interests have focused on service learning in higher education, among other topics. PR: Shaena Engle engle@gseis.ucla.edu Dr. Antonio Flores Antonio Flores (November 14, 1961-May 30, 1995), born Antonio González Flores, was a Spanish singer-songwriter and actor. He was the only male child of singers and actors Antonio González 'El Pescaílla' and Lola Flores. is president of the Hispanic Hispanic Multiculture A person of Mexican, Puerto Rican, Cuban, Central or South American, or other Spanish culture or origin, regardless of race Social medicine Any of 17 major Latino subcultures, concentrated in California, Texas, Chicago, Miam, NY, and elsewhere Association of Colleges and Universities and has extensive professional experience in higher education. He has taught at private and public institutions, both community colleges and comprehensive research universities; has conducted research and policy studies, published and unpublished, on higher education issues; has been an administrator of campus-based and statewide programs; has done extensive advancement work at the state and national levels; and has provided public service at the local, state, national, and international levels. Flores' longstanding career in higher education includes diverse and challenging responsibilities suitable for a senior executive and leadership role. 210/692-3805 Prof. Ken Kempner is an education professor at the University of Oregon The University of Oregon is a public university located in Eugene, Oregon. The university was founded in 1876, graduating its first class two years later. The University of Oregon is one of 60 members of the Association of American Universities. . His expertise includes the economics of education, especially in developing countries. 541/346-1366 ExpertSource cannot guarantee the immediate availability of these experts or their familiarity with this specific issue. ExpertSource, a collaboration of Business Wire and The Round Table Group, provides academic and industry experts to the media at no charge. Journalists are encouraged to submit queries to ExpertSource when seeking experts on specific subjects. An online registration form is available at http://www.businesswire.com/expertsource. Business Wire's Media Resource Center provides working journalists many free media services. Please visit the BW Media Resource Center at (www.businesswire.com/media) for more information. |
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