Salt Lake City, UT (PRWEB) January 8, 2007
DegreesofWisdom.com (http://www.DegreesofWisdom.com) has been totally renovated to provide a personalized response to the question, "What kinds of student financial aid are available to me?" By answering four simple questions about their own educational status--online or on campus, certificate or specific degree, traditional or non-traditional student, full time or part time--Web site users can get financial aid information tailored to their individual education circumstances.
According to a recent study by the CollegeBoard.com, tuition and fees at four-year public colleges have risen 41 percent after inflation since 2001. CollegeBoard.com surveys also show that "Total student aid increased by 3.7 percent to $134.8 billion in 2005-2006, but total federal grant aid failed to keep pace with inflation," and students nationwide are struggling to meet the high cost of education. The U.S. Department of Education estimates that 200,000 people each year delay or forego a college degree because they can't afford one.
U.S. Secretary of Education, Margaret Spellings, speaking at the Town Hall in Los Angeles, recently remarked that we "need to make higher education more affordable, accountable, and accessible to all Americans," which echoes the mission statement of the House Committee on Education and the Workforce, chaired by Representative George Miller (D) from California.
According to DegreesofWisdom.com manager, James Tolles, "Personalized financial aid information can really help students sort out their choices and make the leap into higher education. Understanding how to apply for aid, how to keep it, and how to pay back loans makes the whole financial aid process much less confusing and may just make the transition into post-secondary education easier." The financial aid component of DegreesofWisdom.com is easy to use and displays information in a format specifically tailored by the educational profile the individual user provides.
DegreesofWisdom.com has collected extensive financial aid information for all students seeking higher education. Students and parents can find information by degree level, education format, and other specifications. Information and resources are also available for students seeking to repay their loans.