SEPTEMBER 5, 2013PAGE 3, CAMPUS CARRIER
Worship Opportunities Fair
See all the different wor-ship opportunities on Ber-ry’s campus. It begins at11:00 a.m. on ThursdaySept. 5.
Student Involvement Fair
Stop by the Student Involve-ment Fair Friday Sept. 6from 5 to 7 p.m. on the
Cage lawn and nd out
more information on all theclubs, organizations andother interest groups Berryhas to offer.
Get your school spirit onand be ready to get ex-cited about Berry football.The fun begins on FridaySept. 6 at 7 p.m. at the Cagearena.
KCAB Presents Good OldWar
Join KCAB Friday Sept. 6 at9 p.m. in the Cage Center
as they present their rst
concert of the year featur-ing Good Old War.
First Year Service Day
Freshmen meet in theSpruill Ballroom SaturdaySept. 7 at 8:15 a.m. beforedeparting with their BCCclass to team up with localcommunity service organi-zations to engage in volun-teer projects.
Join the excitement at thetailgating event of the sea-son. There will be food,games, music and fun! Theparty starts at 3:30 p.m. onSaturday Sept. 7 in frontof Barron Stadium. Don’tmiss it!
Berry’s Inaugural FootballGame
See the Vikings Football
team in their very rst
game against the MaryvilleScots. Come and cheer onthe Vikings at 6 p.m. onSaturday Sept. 7.
KCAB’s Outdoor Movie
Check out KCAB’s outdoormovie, “Monsters Univer-sity”, and enjoy this Dis-ney and Pixar classic. Themovie begins at 10 p.m. onSaturday Sept. 10.
Beginning on MondaySept. 9 at 9:30 a.m. Kran-nert lobby will be full of posters. You can buy your
ll of posters to decorate
The Red Cross will be host-ing a blood drive beginingat 12 p.m. on Tuesday Sept.10. Come out and donate atKrannert Ballroom A/B.
$5.99 Lunch Specials Until 3 P.M.(Drink Included)
MONDAY-FRIDAY$1 SPECIAL DRINK
SUNDAY-THURSDAY10% OFF W/ STUDENT ID
White House develops plan to cut college costs
The White House released a statementlast week detailing a plan aimed at mak-ing college more affordable.The press release, published on Aug.22, stated that higher education is “thesingle most important investment stu-dents can make in their own futures” butthat getting an education “has never beenmore expensive.”Berry’s tuition is $1,440 higher thisacademic year than it was last year, whilethe average tuition at a four-year publicuniversity has increased by 250 percentover the past thirty years. However, theaverage income of a family has only risen16 percent, so many families are strug-gling to pay for college.Many students and their familieschoose to take out student loans to helpwith college costs. While loans do helpstudents afford college, many studentsare in debt after graduating. The average borrower now graduates with more than$26,000 in debt, according to the WhiteHouse press release.The Obama administration plans tohelp struggling college graduates byestablishing a Pay as You Earn program,which will cap student loan payments at10 percent of the borrower’s income. Thispayment plan would be available to any borrower who needs it.An enrollment campaign for this pro-gram will begin this fall, and the Depart-ment of Education will contact borrowerswho have fallen behind on their loan pay-ments and undergraduate borrowers withespecially high amounts of debt. Thiscampaign will continue into the future sothat students know what their options arewhen they need to repay their loans.76 percent of Berry students took outa federal student loan in 2012, MarciaMcConnell, director of financial aid, said.The student loan interest rate is cur-rently 3.86 percent for undergraduatestudents. Legislation passed last monthallows for the rate to increase with mar-ket rates, although the interest rate forundergraduates is capped at 8.25 percent.The rate had doubled from 3.4 percent to6.8 percent in July after Congress failedto reach an agreement. The new interestrate will apply to all loans taken out after Jul. 1.“I know students are wary of anincrease in the rate because they want to be able to pay back student loans, myself included,” sophomore Rachel Blair said.The press release also proposed estab-lishing a new college rating system by the2015 school year. Colleges will be rated onaffordability, graduation rates and gradu-ate earnings. These ratings are intendedto help students make informed decisionsabout which college to attend. Federal aidto colleges will also be based on this infor-mation, although Berry does not receivefederal aid because it is a private college.McConnell said she believes this ratingsystem will be beneficial to students try-ing to choose a college.“Anything that can be provided tostudents to give them a clear picture of the cost associated with colleges we’reencouraged by,” McConnell said. “Wedefinitely believe in consumer informa-tion and being able to educate studentson affordability.”Student aid will also be based on theseratings by 2018. Students attending highlyrated colleges could receive larger PellGrants and more affordable loans.Pell Grants are available to undergrad-uate students and do not have to be repaid.Eligibility is determined by the student’sexpected family contribution, which thestudent provides on their Free Applica-tion for Federal Student Aid (FAFSA). 25percent of Berry students received Pellgrants in 2012, McConnell said.Also, according to the White Housepress release, schools with high dropoutrates will be required to disburse studentaid over the course of the semester ratherthan in one lump sum at the beginning of the semester. This will help prevent thewaste of Pell dollars.
THE AVERAGE COST OF1 YEAR OF COLLEGE
1980 1990 2000 2010
IN 2010 DOLLARS. INCLUDES TUITION, ROOM & BOARD AND FEES.SOURCE: NATIONAL CENTER FOR EDUCATION STATISTICS