Financial Aid in the News

Washington DC: GI Bill Causes Glitch (The Washington Post)

"[I]n Washington, the sweeping program brings an unintended glitch -- and a higher cost. The city's only public institution, the University of the District of Columbia, is one of the least-expensive colleges in the country for local students, and its tuition is the basis for the VA reimbursement rate for private colleges in the District," The Washington Post reports. "Meanwhile, some of the city's private universities, including Georgetown and George Washington, are among the priciest in the country, with total costs of more than $50,000 a year. That makes for a bigger gap to fill. By today's deadline, school officials must decide whether to take part in the U.S. Department of Veterans Affairs' "Yellow Ribbon" program to close, or minimize, the gap. It's a tough call for some, because the economy has pinched university budgets so badly and because the costs are potentially tens of thousands a dollars a year for each student."

You can read the complete June 14, 2009 The Washington Post article on-line.

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