KETV Chronicle: Student loan options

WEBVTT >>> KETV NEWSWATCH 7, CHRONICLING THE STORIES IMPACTING OUR COMMUNITY. STORIES MAKING A DIFFERENCE. STORIES THAT MATTER TO YOUTHIS IS KETV NEWSWATCH 7'S CHRONICL>> I KNOW A LOT OF PEOPLE WHO ARE GRADUATING IN A LOT OF DEBT.>> I KNOW SOME FRIENDS IN LOANWILL BE PAYING LIKE A HUNDRED THOUSAND DOLLARS BY THE TIME THEGRADUATE WHICH I THINK IS CRAZY.>> WE DON'T WANT TO STEP OUT INTO THE FIELD BEING 150 AND 200THOUSAND DOLLARS IN DEBT. YOKNOW IT'S DIFFICULT TO BUY A HOUSE, BUY A CAR, CREATE A FAMILY AND THINGS LIKE THA>> BUT THAT'S THE REALITY FACINGMANY COLLEGE STUDENTS WHEN THEY GRADUATE.SO THE CHALLENGE BECOMES HOW DO YOU MAKE COLLEGE MORE AFFORDABLE?IT WAS A KEY ISSUE IN LAST YEAR'S PRESIDENTIAL ELECTION.AND ONE THAT FACES MILLIONS OF FAMILIES EACH YEAR AS STUDENTS GRADUATE AND PREPARE TO TAKE THAT NEXT STEP.>>> GOOD MORNING.I'M JULIE CORNELL.AND THIS IS KETV NEWSWATCH SEVEN'S CHRONICLE.THIS MORNING WE'RE TAKING A CLOSER LOOK AT HIGHER EDUCATION AND THE INNOVATIVE SOLUTIONS TO RISING TUITION.COMING UP THE LOCAL COLLEGE THATREDUCED IT'S RATES.PLUS WHAT PARENTS OF POTENTIAL COLLEGE STUDENTS NEED TO DO RIGHT NOW TO MAKE THAT TRANSITION A LITTLE EASIER.FIRST, LET'S LOOK AT THE NUMBER.LAST YEAR 20 POINT FIVE MILLION STUDENTS WENT OFF TO COLLEGE.THAT'S AN INCREASE OF FIVE POINTTWO MILLION.ABOUT SEVEN POINT TWO MILLION WILL ATTEND TWO-YEAR INSTITUTIONS.BUT THE VAST MAJORITY WILL GO TOA FOUR COLLEGE OR UNIVERSITY.AND HERE'S WHAT THE DEBT STARTS TO ACCUMULATE.ACCORDING TO THE LATEST FIGURES,THE AVERAGE COLLEGE STUDENT GRADUATES OWING 37 THOUSAND IN STUDENT LOANS.THAT'S UP SIX PERCENT FROM JUST LAST YEAR.AND GET THIS THE AVERAGE STUDENTLOAN PAYMENT IS NEARLY AS MUCH AS A CAR PAYMENT 350 DOLLARS A MONTH.BUT THERE IS HELP AVAILABLE.AND IT ALL STARTS WITH FILLING OUT THE FAFSA WHICH IS THE FREE APPLICATION FOR FEDERAL STUDENT AID.BUT LAST YEAR THE RULES CHANGED.AND THE EARLIER YOU FILL IT OUT THE BETTER YOUR CHANCES OF GETTING ASSISTANCE.KETV NEWSWATCH SEVEN'S BRETT CONNOLLY EXPLAINS HOW IT ALL WORK>>>>> MIKAYLA DUKES, A HIGH SCHOOLSENIOR AND HER MOM BEA, HAVE BEEN AT THIS FOR WEEKS MAPPING OUT A PLAN ON WHAT COLLEGES MIKAYLA WILL APPLY.>> I DID HAVE STICKER SHOCK.I DID.>> AND HOW THEY'RE GOING TO PAY FOR IT. >> I SAID, SHOULD I START NOW FOR THE 2 3 AND 4TH JOB!>> BEFORE YOU PANIC, EVERY PARENT AND STUDENT SHOULD FILL OUT THE FREE APPLICATION FOR FEDERAL STUDENT AID, ALSO KNOWN AS FAFSA WHICH YOU CAN FILE AS EARLY AS OCTOBER FIRST. ANOTHER MAJOR CHANGE, PARENTS AND STUDENTS ARE REQUIRED TOREPORT INCOME FOR 2015. ALTHOUGH THE FILING DEADLINE IS JUNE 2018 DON'T PROCRASTINATE. >> MOST SCHOOLS HAVE WHAT'S CALLED A PRIORITY FILING DEADLINE.THAT'S THE DATE THAT THOSE SCHOOLS SAY, FIRST COME, FIRST SERVED.>> SO DEPENDING ON SCHOOL, IF YOUR FORM IS FILED BY THE PRIORITY DEADLINE YOU'LL HAVE FIRST DIBS ON ANY MONEY THAT MIGHT BE AVAILABLE. AND DON'T BE INTIMIDATED BY THE APPLICATION. >> PEOPLE GET VERY, VERY NERVOUSABOUT DOING IT OR GET PART WAY THRU IT AND SAY I CAN'T DO THIS AND GIVE UP, NOT REALIZING THATHERE'S HELP.>> AND LEARN FROM THIS MOM AND DAUGHTER TEAM...STAY FOCUSED.>> MY HUSBAND AND I ARE DEVOTEAND COMMITTED TO MAKE SURE WE'REEQUIPPED WITH THE RIGHT MATERIAL; THE RIGHT INFORMATION HELP NAVIGATE THIS PROCESS>> SEEMS LIKE A JOB IN ITSELF.>>> WHICH IS WHY GROUPS LIKE EDUCATIONQUEST ARE SO VALUABLE.JOINING ME NOW TO TALK MORE ABOUT WHAT IT DOES TO HELP PARENTS AND STUDENTS IS DIRECTOROF COLLEGE PLANNING, JOAN JUREGOOD MORNING.>> THANKS FOR BEING HERE THIS MORNING. >> EDUCATION QUEST HAVE BEEN HERE FOREVER. >> WE HAVE BEEN HERE FOR 30 YEARS. IT IS HEADQUARTERS IN LINCOLN. WE HAVE AN OFFICES IN INCAROTHER LOCATIONS, AND THEY HAVE A MISSION TO IMPROVE ACCESS TO HIGHER EDUCATION. >> IT IS FREE?>> YES, ALL OF OUR SERVICES ARE ABSOLUTELY FREE. WE HELP PARENTS, STUDENTS, AND EVEN ADULT LEARNERS WHO WANT TO GO BACK TO SCHOOL. WE HELP THEM THROUGH THE PROCESS. WHAT HAS CHANGED?WHAT DO YOU WANT TO ACCOMPLISH?>> OVER THE LAST FOUR OR FIVE MONTHS, THE TIME FRAME BECAUSE OF THE FORMS BEING AVAILABLE. ONE YEAR AHEAD WHAT THE A HIGH SCHOOL SENIOR'S ADMISSION DATE FOR THE NEXT FALL. THE PARENTS COULD BE DOING THE FORMS GETTING RESULTS BACK EARLIER AND HOPEFULLY GETTING AWARD LETTER PACKAGES SO THEY CAN MAKE THOSE DECISIONS. >> I HAVE A SOPHOMORE.WHEN DO WE THINK ABOUT THIS?>> YOU HAVE A COUPLE OF YEARS. YOU DO IT IN THEIR SENIOR YEAR. >> AS A HIGH SCHOOL SOPHOMORE. THAT'S A CRITICAL TIME WE START TO TALK TO STUDENTS, EVEN IN MIDDLE SCHOOL. KNOWING HOW TO GO TO COLLEGE. WHAT SHOULD I BE DOING NOW AS 8TH, 9TH GRADER, TO PREPARE FOR MY JUNIOR AND SENIOR YEAR OF HIGH SCHOOL. >> WHAT SHOULD THEY BE DOING?>> AS A FRESHMAN AND SOPHOMORE, WE WANT TO BUILD THAT R SUM , GETTING INVOLVED IN ACTIVITIES, WORKING ON THEIR GRADES. GETTING INVOLVED IN COMMUNITY SERVICE, AND FOUNDING OUT WHAT TYPES OF SCHOOLS ARE AVAILABLE TO THEM. SO, UNDERSTAND THE KNOW HOW TO TO GO PROGRAM, WE CONCENTRATE ONTHE FOUR STEPS, BE IN A GOODWAY, FIND PEOPLE THAT CAN SUPPORT YOU, AND ENCOURAGE YOU ONE WAY, TO PUSH YOURSELF, TAKE THE HARD CLASSES, GET INVOLVED. THREE, FIND THE RIGHT FIT. WHAT DO I WANT TO BE WHEN I GRUP, AND WHAT TYPE OF COLLEGE FITS THAT?AND NUMBER FOUR, PUT YOUR HANDS ON CASH. IF I BUILT THE R SUM THROUGH 9,10, 11 GRADE, IT IS GOING TO HELP GET THE SCHOLARSHIP DOLLARS. >> SO MANY PEOPLE ARE CONCERNED ABOUT PAYING FOR SCHOOL. THERE ARE VARIOUS WAYS, FOSCHOLARSHIPS, GRANTS AND DIFFERENT TYPES OF FINANCIALAID. THERE'S DIFFERENT ONES, RIGHT?>> THAT'S RIGHT.FINANCIAL AID IS ANY HELP TO HELP THE STUDENT PAY FOR HIGHER EDUCATION. IT IS LIKE A GIFT. THEY DON'T HAVE TO PAY BACK. >> SCHOLARSHIPS, ATHLETIC,TALENT-BASED, LEADERSHIP BASED. THEY DON'T HAVE TO PAY IT BACKAND WORK STUDY, WORK AND GETEXPOSURE TO WHAT THE JOBS ARE LIKE, AND GET THE POCKET CASH WITH THE WEEKEND PIZZAS WITH A ROOMMATE. AND STUDENT LOANS, WHICH WE HAVETO PAY BACK. >> DO PEOPLE MAKE AN APPOINTMENTWITH YOU?CAN YOU COME WITH A FRIEND?WITH A PARENT?WHAT IS THE PROCESS?>> IN THE THREE PLANNING OFFICES, FAMILIES DO WANT TO MAKE AN APPOINTMENT WITH US IN ORDER TO SIT DOWN AND TALK THROUGH THE WHOLE COLLEGE PROCESS. WE ARE WALK-IN BASIS, YOU CAN WALK IN LIKE A CAREER COUNSELOR.MAYBE THEY WANT TO FILE THE FORMON THEIR OWN, MAYBE HAVE THE SAFETY NET AND HAVE SOMEONE BY THEM IN CASE THEY HAVE A QUESTION. >> BUT IT IS BEST TO MAKE AN APPOINTMENT. >> I REMEMBER VISITING OUR OFFICES AND YOU HAD BOOKS AND BINDERS OF LITTLE KNOWN SCHOLARSHIPS. THEY EXIST. >> IT TAKES WORK. THERE'S NO SUCH THING AS ACOMPREHENSIVE SITE. YOU CAN USE OUR WEBSITE. WE HAVE COLLEGE SEARCH FOR NEBRASKA STUDENTS. THERE ARE 2000 SCHOLARSHIPS. AND LINKS TO OTHER FREE NATIONALSEARCHS AND THE SCHOLARSHIP BOOKS IN THE OFFICE. IT IS TIME CONSUMING. >> SURE. TALK ABOUT THE COST OF EDUCATION, HOW IT HAS JUST SKYROCKETED. IT SEEMS OUT OF CONTROL AND OUT OF TOUCH FOR SO MANY FAMILIES. HOW DO YOU WRAP YOUR MIND AROUNDTHAT?HOW YOU DO YOU CHOOSE THE RIGHT ONE?IS THE PRICE THAT THEY ADVERTISEIS THE PRICE YOU PAY?>> STARTING THE PROCESS EARLY. AND HAVING CHOICES. AS WE ARE LOOKING INTO THE JUNIOR YEAR OF HIGH SCHOOL, WETALK ABOUT RESEARCHING COLLEGES AND NOT PUTTING A COLLEGE OUT OFSIGHT AND MIND BECAUSE OF COST. PRIVATE SCHOOLS HAVE OPPORTUNITIES FOR STUDENTS TO EARN SCHOLARSHIPS. THEY CAN AFFORDABLE LIKE STATE-FUNDED SCHOOLS. ONCE THEY GET INTO THE SENIOR YEAR, MAKE AN INFORMED SCHOOLS AND GET THE AWARD LETTER PACKAGES BACK AND SO YOU CAN SEEIF IT IS DOABLE FOR YOUR FAMILY.DON'T RULE OUT A COST FOR A SCHOOL IMMEDIATELY. >> HOW IMPORTANT IS A CAMPUS VISIT?>> VERY IMPORTANT. IT IS A LOT LIKE BUYING A CAR. TEST DRIVING THE CAR, HOW DO I FIT IN, HOW BIG ARE THE CLASSEIT IS TOO FAR AWAY FROM HOME?IT IS JUST RIGHT?VERY IMPORTANT. >> THE AVERAGE 16-YEAR-OLDDOESN'T KNOW WHAT HE WANTS TO DO. I DID. MOST KIDS DON'T. >> SOME 30-YEAR-OLDS DON'T KNOTHAT'S OKAY. THEY HAVE COLLEGE ADVISORS TO HELP WITH THAT. AND IT TAKES TIME TO FIGURE OUWHAT YOU ARE INTERESTED IN AND WHAT YOU LIKE TO DO. >> TELL ME ABOUT THE ACT, ANSAT. >> FOR THE MOST PART THEY WILLTAKE ONE OR THE OTHER, AND CONVERT THE POINTS OVER TO THEIRSYSTEM. BUT WE ARE LUCKY IN NEBRASKA THIS YEAR, EVERY HIGH SCHOOL JUNIOR HAS TO TAKE THE ACT. THEY WILL TAKE IT IN APRIL. TO SEE HOW THEY SCORE, AND MAYBESEE IF COLLEGE WOULD GIVE THEM ASCHOLARSHIP. AND GET IT OUT OF THE AWAY. >> WHAT IS THE THING CALLED THE UNIVERSAL APPLICATION. >> IT THERE'S A FORM CALLED THE COMMON APPLICATION, WHICH COLLEGES HAVE TO BELONG TO THAT.IT ALLOWS STUDENTS TO APPLY TO MANY COLLEGES. WE HAVE SCHOOLS IN NEBRASKA AND OUT OF STATE THAT BELONG TO THAT. HOWEVER, THE IMPORTANT THING TO KNOW ABOUT A COMMON APPLICATION,JUST BECAUSE THEY USE THAT ONE FORM, SOMETIMES THE COLLEGES REQUIRE -- BEYOND, YOU WANT TO FOLLOW-UP WITH THE COLLEGE TO MAKE SURE YOU HAVE EVERYTHING TURNED IN FOR THAT ADMISSION FILE TO BE REVIEWED. >> WHY WOULD YOU FILE SOMETHING LIKE THAT?TO CAST A WIDE NET?>> TO MAKE IT EASIER>> IT IS A DIFFICULT PROCESS. >> I HAVE ANXIETY ABOUT IT AND I'M JUST STARTING. >> YOU HAVE A COUPLE OF YEARS. >> I DO. DO KIDS GO TO A COLLEGE WITH A MAJOR IN MIND?OR DO THEY START OFF TAKING A COUPLE OF CLASSES HERE AND THERE?IT DEPENDS ON THE KID, RIGHT?>> IT DEPENDS ON THE STUDENT. WE HAVE A CAREER ASSESSMENT PROGRAM IN OUR OFFICE, THASTUDENTS CAN RUN THROUGH WHAT THEY LIKE AND DON'T LIKE. WHAT CAREER OPPORTUNITIES MIGHT FIT THEM. SOMETIMES THINGS WILL PULL UP ONTHERE THAT THEY DIDN'T THINK ABOUT. I KNOW THAT THE SCHOOL COUNSELORS DO A FANTASTIC JOBSAS WELL, WORKING WITH THE STUDENTS. IT IS ANOTHER OPPORTUNITY FOR THEM. >> YOU HAVE TO DO THE HOMEWORK. >> DO YOUR HOMEWORK, AND START THE PROCESS EARLY. >> GOOD ADVICE FOR THIS NERVOUMOM. >> THANK YOU VERY MUCH. >> THE RADICAL MOVE ONE COLLEGE DID TO MAKE TUITION MORE AFFORDABLE. >> HOW IS THE COLLEGE OF SAINT >> AND RIGHT NOW, THEY AREPROBLEMS IT, BY TAKING A STANDTHEY ARE MAKING IT MMORE AFFORDABLE, FOR ME. >> SINCE THE BEGINNING, SAINT MARY HAS BEEN EMPOWERING WOMENAND TRUST US, THEY DON'T PLAN ONSTOPPING ANY TIME SOON>>> WELCOME BACK TO KETV NEWSWATCH SEVEN'S CHRONICLE THISMORNING WE'RE TALKING ABOUT HIGHER EDUCATION AND LOOKING AT WAYS TO MAKE IT MORE AFFORDABLE.AND HERE IN OMAHA, COLLEGE OF SAINT MARY, IS LEADING THE WAYTHIS FALL IT REDUCED TUITION BY 33 PERCENT.A BOLD MOVE IN AN INDUSTRY WHERETUITION RATES ROUTINELY GO UP BETWEEN THREE AND FIVE PERCENT EVERY YEAR.AND JOINING ME NOW TO TALK MORE ABOUT THEIR INNOVATIVE APPROACH IS COLLEGE PRESIDENT SISTER MARYANNE STEVEN AND SARAH KOTTICH WHO'S VICE PRESIDENT FORFINANCE AND ADMINISTRATIVE SERVICES.>> THANK YOU VERY MUCH FOR BEINGHERE. >> THANKS FOR HAVING US. >> HOW CAN YOU DO THIS?HOW CAN YOU SAY WE ARE GOING TO SLASH RATES HERE. >> WE FINGERED OUT A WAY TO DOBY DOING FINANCIAL MODELING SAYING YES, WE CAN DO THIS. AND MORE ASSESSABLE TO MORE PEOPLE. >> HOW DID IT IMPACT YOUR NUMBERS?DID IT OPEN UP THE CAMPUS?>> WE HAVEN'T IMPLEMENT IT YET. IT STARTS IN FALL OF 2017. WE HAVE HAD THE LARGEST ENROLLMENTS SO IT IS TRENDING UP. THIS IS THE TIME TO DO IT. MAYBE WE CAN BE OPEN TO MORE STUDENTS>> DO YOU THINK YOU WILL STAND OUT?>> WE HOPE IT WILL, THE RISING COST OF TUITION IS OUT OF SIGHT FOR MANY FAMILIES AND STUDENTS AND WE SAID NO, OUR MISSION IS TO BE ASSESSABLE AS WE CAN FOR THE STUDENTS THAT THE COLLEGE OFSAINT MARY IS THE BEST VALUE FORTHEM. >> THAT'S WHAT EDUCATION IS ABOUT. IT IS NOT FOR THE ELITE. >> WE HOPE NOT. WE NEED EDUCATED PEOPLE. >> HOW DO YOU MAKE THIS DECISION?DID YOU STUDY IT FOR A WHILE?CRUNCH THE NUMBERS?>> WE STUDIED OUT FOR OVETHREE YEARS, AND RESEARCH WHAT IS HAPPENING IN THE INDUSTRY, AND INTERNAL TASK FORCE, AND A BOARD TASK FORCE, HOW DOES THIFIT IN WITH OUR BUSINESS MODELAND STUDENTS. >> HOW CAN WE DO THIS IN REALITY?>> YOU HAVE TO PAY YOUR PROFESSORS. >> YES, WE DO. [LAUGHTER.]>> ONE OF THE THINGS WE ARCOMMENTED TO IS NOT DECREASINGTHE OFFERINGS AND ANYTHING ELS>> YOU HAVE TO KEEP THAT STRONG.>> WHAT WILL AN AVERAGE STUDENT PAYS?>> IT DEPENDS ON THE STUDENT'S CIRCUMSTANCES.WE TALK ABOUT PERCEPTION ANDREALITY. >> MOST FAMILIES RULE OUT COLLEGE BASED ON STICKER PRICE. WE WANT THEM TO LOOK AT THEXPERIENCE OF THE INSTITUTION THEMSELVES, DO A CAMPUS TOUR, CAN BASED ON THE PROGRAMS AND WHAT IS BEST FOR THEM.WE ARE HOPING THIS CHANGE HELPMORE STUDENTS THINK THAT WE ARE WITHIN THEIR REACH. AND WE WANT TO SAVE MONEY FOR THE CONTINUING STUDENTS, SAVIN1 THOUSAND DOLLARS. >> THEY GET A DISCOUNT TOOWOW. >> ABSOLUTELY. AS WERE YOU SAYING 3-5 PERCENT, AND NORMALLY THEY WOULD HAVE SEEN 1000 DOLLARS. >> BY INCREASING OUR NUMBERS IT WILL BALANCE EVERYTHING. THAT'S EXCITING FOR YOU. >> THAT'S HOPE IS TRUE. WE HAVE STARTED MORE GRADUATE PROGRAMS. THIS APPLIES TO UNDERGRADUATE STUDENTS AND GRADUATE PROGRAM CONTINUES TO BE PRICED AT MARKETRATES. >> WHAT I LOVE ABOUT COLLEGE OF SAINT MARYS, YOU HAVE A DIVERSE POPULATION. >> WE FIT THE STUDENTS THAT THE ENVIRONMENT FITS THEM, AND EDUCATIONAL OFFERINGS ARE WHAT THEY WANT TO TAKE ADVANTAGE OFWE HAVE STUDENTS OLDER, YOUNGER.VERY DIVERSE, ETHICALLY, AND SMUCH MORE. >> WHAT IS YOUR MISSION?>> AS A CATHOLIC UNIVERSITY,DEDICATED TO THE ASSESSABILITY. >> THIS FITS IN WITH THE PRICINGTHAT IS ASSESSABLE. I LIKE THAT. SHOULD THERE BE A MOVEMENT ON THE NATIONAL LEVEL?A FUNDAMENTAL MOVEMENT ACROSS THE BOARD TO JUST MAKE ALL UNIVERSITIES MORE ASSESSABLE?AS A PARENT, I'M LOOKING AT THIS, I'M FREAKING OUT. I HAVE THREE TEENAGERS. SOMETHING HAS TO GIVE HERE. >> IF THE LAST FEW MONTHS ARE ANY INDICATION. I HAVE BEEN GETTING A LOT OF PHONE CALLS FROM ACROSS THE COUNTRY, AND OTHER COLLEGES. HOW DID YOU DO IT?WHAT IS THE IMPACT?>> WE ARE HOPING THAT WE ARE HELPING OTHER FINANCIAL MODELSAND HELPING COLLEGE BE ASSESSABLE TO EVERYONE. YOU WERE ABLE TO LOWER YOUTUITION, AND -- IS THAT YOU HAD BEFORE?>> THIS IS REALLY, IT FEELS LIKE A BIG ANNOUNCEMENT. IT IS. IT IS PART OF A WHOLE SERIES>> IT IS NOT APPARENT ALL OF THEFEES THAT THEY ENCOUNTER. WE HAVE KEPT THAT IN PLACE, ANWE HAVE ACCELERATED DEGREE PROGRAMS, 3-YEAR NURSING PROGRAM, 5-YEAR PHYSICIAASSISTANT, AND 5-YEAR -- IT CUTHE NUMBER OF YEARS YOU ARE INSCHOOL. >> THAT CUTS THE DOLLARS. >> AND GETS YOU INTO THE JOBMARKET. >> WE HAVE THE REDUCTION, WE HAVE A SLIDING SCALE. WE USE THE FAFSATO HELP MEET THE STUDENTS AND FAMILY WHERE THEY ARE.>> AND WE ARE GOING INTO THELITLITERACY, AND HELP THEM AND BORROW AS LITTLE AS POSSIBLE. >> YOU CAN SEE THIS IS MY PAYMENT. IT IS ALL VERY CLEAR. >> IF THEY GO INTO CERTAIN PROFESSIONS, OR IF THEY SERVE INNEEDY AREA, THEY GET SOME OF THAT DEBT RETURNED TO THEM. BASICALLY. >> I HAVE HEARD FOR CERTAIN TEACHERS IF YOU TEACH IN A CERTAIN SCHOOL DISTRICT, YOU GETTHAT. >> AND YOU MAKE THE PAYMENTS ANDYOU ARE IN CERTAIN PROFESSIONS, THE LEFT IS FORGIVEN. >> THERE'S A LOT OF THINGS TO LEARN WHAT IS POSSIBLE. ONE OF THE THINGS THAT SARAH SAID THAT WE GOT RID OF FEES. ONE OF THE THINGS YOU LOOK AT, YOU WANT TO GO TO THE COLLEGE THAT MOST FITS YOU FIRST. WHEN YOU LOOK AT THE PRICE, NOT JUST THE STICKER PRICE FOR TUITION -- >> SEE, I DIDN'T KNOW ABOUT THAT. >> IS THERE A LIBRARY FEE -- >> THEY NICKLE AND DIME YOU. >> WE ARE NOT GOING TO SAY THAT.>> AS A PARENT I NEED TO KNOW THESE THINGS. ROOM AND BOARD, AND TECHNOLOGYFEE. AND IN MANY CASES. WE TOOK THAT AND NO, WE WANT TBE AS TRANSPARENT AS WE CAN BESO NO SURPRISES LATER. >> THAT'S WHAT PARENTS NEED. AND STUDENTS NEED IT AS WELL. >> HOW DO WE GET INTO THE SITUATION WHERE COLLEGE IS OUTOF REACH FOR SO MANY PEOPLE?WHAT HAPPENED?>> ONE OF THE THINGS, INFLATION,THAT IS REAL. IN ADDITION TO THAT, THESCHOLARSHIP IS IMPORTANT TO PEOPLE. THE LARGER OF THE SCHOLARSHIP CAN BE USED AS A MARKETING TOOAND THAT HAS INFLATED THE PRICE.THEY HAVE TO PAY FOR THE SCHOLARSHIP. >> WELL, YES. YOU KNOW. SO... THANK YOU VERY MUCH. >> NOT EVERYONE GETS AS MUCH SCHOLARSHIP. >> A SMALLER PIECE OF THE PIE FOR EVERYONE. >> THANK. >> THANK YOU SO MUCHI FEEL LITTLE BIT MORE ARMED. >> WE'LL BE BACK WITH FINAL THOUGHTS. >>> FIRST, A REMINDER THAT YOUR COMMENTS ARE AN IMPORTANT PART OF THIS SHOW. IF YOU WANT TO BE HEARD E-MAIL YOUR COMMENTS TO NEWS AT KETV.COM>> I'M BLESSED TO BE A GRAND PARENT, MY SON FOSTERED ANADOPTED AND HE HAS BROUGHT SO MUCH TO OUR LIVES.>>REMEMBER: WE LOVE HEARING FROM YOU.WE'LL BE RIGHT BACK.>> YOU ARE WATCHING NEWS WATCHCHRONICLE. >> WE HAVE BEEN TALKING ABOUT THE HIGH COSTS OF TUITION, ANDWE SPOKE TO SAINT MARY WE HAD A TALK. AND ALL OF THE INFORMATION IS FREE. IF YOU WANT MORE INFORMATION ABOUT EITHER GROUPS, WE HAVE LINKS ON OUR MOBILE APP. >> IF YOU MISSED ANY PART OF THESHOW, OR YOU WANT TO WATCH IT AGAIN, IT IS ON OUR WEBSITE. IF YOU DON'T SEE THERE, GOOGLE HIGHER EDUCATION, CHRONICLE. >> WE'LL SEE YOU BACK HERE NEXT SUNDAY MORNING FOR NEWS WATCH