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County College Cost, Grad Rate Low, Scorecard Shows

New federal website allows prospective college students to compare institutions of interest.

The cost to attend County College of Morris is low compared to its national counterparts, according to a new, interactive website designed by the United States Department of Education.

The website, created after President Barack Obama called for colleges to be held accountable for “cost, value and quality,” gives families and prospective students  critical information to make decisions on college choices, according to the Department of Education.

According to the Scorecard, the average net price (the cost after grants and scholarships are subtracted) to attend County College of Morris is $5,195. The analysis also showed the net price increased 4.8-percent from 2007 to 2009.

“We know students and families are often overwhelmed in the college search process­–but feel they lack the tools to sort through the information and decide which school is right for them,” said U.S. Secretary of Education Arne Duncan in a statement. “The College Scorecard provides a snapshot about an institution’s cost and value to help families make smart decisions about where to enroll.”

The graduation rate for County College of Morris was on the low end of the medium bracket, tallying a 21.6-percent figure, the Scorecard showed. Some 27.8-percent of students transferred to another institution, the analysis showed.

One category in which County College of Morris was ahead of the national average is loan default rate. Borrowers attending CCM defaulted on their Federal student loans within three years of entering repayment at a 10.2-percent rate, while the U.S. average is 13.4-percent.

To see the College Scorecard and other colleges ranked, go here.

Do you think this tool will be helpful for prospective college students and their families? Will you use it to help make college decisions?

Comfortably Numb February 15, 2013 at 08:01 PM
To answer your question.... In state kids who go to college at a state school will typically pay much lower tuition throughout most of the country, not just in the west. Wealthier areas such as our metropolitan area do not have much lower in state rates because folks are willing to finance it in our area. What you didn't mention in your comment is that the in state rates at these schools out West and in the South are experiencing dramatic decreases in the in-state population. The University of Alabama for instance has an in-state rate of only 30% and that's because they are able to draw from more affluent areas who are willing to pay 35K per year. This has also sparked an extremely competitive environment for kids that live in the state and want to go to these state schools. It makes sense from the schools economic perspective, of course you will always have anomalies like the University of North Carolina which has a super high in-state percentage. For the most part its about supply and demand. Hope that helps Walter
Chris February 15, 2013 at 08:10 PM
Everything is more expensive in the Northeast. For a NJ Resident to go to Rutgers its $25,000. For a non-resident its, $38,000. (Which is pretty close to what I paid going to my out of state Private University). We have a lottery here, too, that goes to pay for education and healthcare. However, since the politicians find a way to raid any account where there is $$$ stored, I am sure it goes to other things like pensions, benefits and other "perks" leaving the poor students and their families to pay for their education. Needless to say, I am happy I went to my University instead of a local "collage". ha
The Good Guy February 16, 2013 at 04:33 PM
How many college teachers do you know that are millionaires? At $25,000 a year for college education per student, that means that the school generates 1 million dollars for every 40 students that go to that school per year. That's $1,000,000! If a school has 400 students, that's $10,000,000 per year. If it costs that much to run a college for a year, then something is wrong. Where does all this money go? It doesn't go to the teachers, that's for sure. College is overpriced and will eventually destroy our country. I know kids who dropped out of college because they cannot afford it and still have a 20K loan to pay off. I know families who sold their house and moved into an apartment to pay for college. I know families who completely cashed out their 401Ks to pay for college so they are in the 50s with NO retirement income at all and no pension. I have seen articles of parents who have done illegal things to make money in order to pay for college. And yet, the politicians ignore this issue over and over again. Educating young Americans to be the smartest in the world should be our number one priority, but it seems the number one priority, as always, is the mantra of our capitalistic (not democratic) society: The One Who Dies With The Most Toys ... Wins.
LVMom February 16, 2013 at 07:24 PM
honestly many private top 50 schools offer a top merit scholarship of 20-25K and those are few and far between leaving parents in this area to foot a 60K a year bill. there is no way anyone in the upper half of the middle class can afford the top schools even if their kid has near perfect SATs, and straight As. We are once again allowing our top students to suffer in this country.
Reality Chuck February 17, 2013 at 01:59 PM
"Educating young Americans to be the smartest in the world"....is exact mantra that these institutions hide behind. It is equivalent to "peace in our time"; "energy selfsufficient";"you can be anything you want to be". I agree with everthing else you say but everytime I hear a politician tie education funding to such a broad immeasurable goal, I know it is a smoke screen.

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