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Lanthorn G r a n d Va l l e y
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THE STUDENT-RUN NEWSPAPER AT GRAND VALLEY
T H U R S d ay, S E P T E M B E R 1 , 2 0 1 1
lanthorn.com
Student debt on the rise
GV scholarships increase
Block tuition rates
By Samantha Butcher
F
GVL Managing Editor
GVL / Eric Coulter
Campus Praise Rally Students sing, pray during Campus Ministry’s first monthly Campus Praise Rally of the school year in Lower Kirkhof Center.
Chasing the Sky Lanthorn columnist Andrew Justus discusses the ups and downs of playing in a moderately successful indie rock band. www.lanthorn.com/blog
Kevin Vanantwerpen GVL Columnist
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or Grand Valley State University junior Jon Garcia, money is a constant source of concern. Garcia, an English and secondary education major, currently carries $30,000 in student loan debt with at least two years left before he graduates. Each year, he takes out the maximum amount in Stafford loans while his parents help him pay for the remainder. “I am poor,” Garcia said of the impact of his student loans. “I’ve never been rolling in money or anything, but now I have negative money. ... I’m pretty bad.” Even paying rent poses a monthly challenge for Garcia, 20, who sometimes gets assistance from his family when funds run low. Garcia is just one of many students who face significant financial barriers when paying for school. The cost of college has skyrocketed across the state in recent years, leaving today’s college students struggling to make their educational ends meet. According to data from the Project on Student Debt, Grand Valley State University graduates in 2009 left school with an average debt of more than $24,000, slightly below the state-wide average of $25,458. That year, 70 percent of GVSU graduates carried some student loan debt with them into their professional lives. While GVSU increased its tuition by 6.9 percent for the 2011-2012 academic year – the university’s largest tuition hike in years – college costs have been climbing at a rate higher than inflation for decades. However, GVSU has remained one of the most affordable public universities in the state. In a nine-year period from 1998 to 2007, GVSU tuition increased by 84 percent, the secondlowest increase in the state during that
per semester GVSU 1995-2011
By Anya Zentmeyer GVL News Editor
See Debt, A2
GVL Graphic / Val Waldbauer
Students on campus hitting the books Numbers show despite growing technology, e-books not as popular as many may think By Anya Zentmeyer
… online?
GVL News Editor
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With classes in full swing, students at Grand Valley State University are crunching numbers when it comes to buying books this fall and pursing their options. E-books are an option, sold at both the University Bookstore and Brian’s Books, but at both locations’ store officials say numbers are not growing. In fact, Tony Glaab, textbook manager from UBS, said books sales are doing the exact opposite. “I don’t have any numbers for this semesters’ (sales) yet, but last year we actually sold half as many textbooks as we did the prior year,” Glaab said. He said the store’s most popular e-book title is a BIO 120 book, and out 571 total books sold, only 27 – about 5 percent - were e-books. “That’s by far my best selling
Net price calculator to simplify education expenses
GVL / Rane Martin
Easy reading: Junior Mitchel Spleet reads an e-book on his Kindle. Despite the low initial costs, e-books have seen decreased sales at both Brian’s Books and UBS.
book,” he said. “We usually only sell 2 to 3 in other classes.” E-books are even less popular at Brian’s Books, where storeowner Brian Page said there is very little demand for e-book versions of text. “We have a very small select number of e-books, but what we have found is that people really don’t
want them,” he said. Both Page and Glaab say many students they talk to prefer the hardcopy. “One student explained it the best to me,” Glaab said. “He said, we spend so much of our time online researching – I mean, how much of
See E–books, A2
On Oct. 29, the federal government will begin enforcing a new mandate that require all colleges to post a new tool on their websites that will aid students in calculating their total yearly costs, both direct and indirect. Called a net price calculator, the tool uses a short survey that asks about total number of family members in one household, household income and planned living accommodations, among other things, to generate a rough estimate of what a student can expect to pay at any given university. Grand Valley State University junior Bri Babbit started her freshman year out at Michigan State University, and said she could have used a tool like that when making her final decisions about college. “Perhaps I could have had a better idea what college was going to cost in the long-run,” she said. According to Fannie Mae, the average household income in Michigan is between $50,000 and $60,000. So the net price calculator estimates an average student paying in-state tuition and living in an on campus facility is expected to shell out $17,609 for their first year, with only $1,871 of that total from merit and need-based grant aid. Make that out-of-state, and the same student is paying $21,794 with $2,000 in grants. Move that out-of-state student off campus and the numbers top off at $22,977 with only $877 awarded in grant aid. GVSU got its net price calculator up about a month ago, but Michelle Rhodes, director of Financial Aid, said the use is intended mostly for potential freshman, and even juniors and seniors in high school who might use it for a more ‘big picture’ look at college costs. “I think it’s helpful if they’re considering an institution at Grand Valley versus an institution in California, and then you can see ‘this school in California will cost me $40,000 as opposed to Grand Valley costing $20,000,’” Rhodes said. “But as far as comparing Grand Valley to Michigan State or something close like that, it’s really not going to help you a year from now.” With many parents and students suffering from what has been termed ‘sticker shock,’ Rhodes said GVSU’s net price calculator does not try to over inflate or under inflate, but the difficult thing about estimators is that they are not designed for total accuracy.
See Net price A2