And more people will be needed to work in public warehouses that store products sold over the Internet. But other industries, including insurance carriers, printing companies, and securities and commodity brokers, will need fewer workers as a result of e-business. The price of higher education is going up, but so is the level of financial aid, according to the U.S. Department of Education. A new resource from the Department helps families assess how much college might cost and how much aid they might be able to expect. It also discusses ways families meet those costs.
Tables show students chances of receiving aid, the average amount of aid, and the likely aid type.
The handbook defines different kinds of financial aid, including grants, merit scholarships, work-study programs, loans, and tax credits. And it offers suggestions on other ways to trim expenses, such as accelerated programs, school transfers, and prepayment programs. For students considering loans, tables list the average monthly payment required for various levels of debt.