Latest Education costs News

New Jersey governor signs budget boosting taxes on companies making over $10 million

Jun. 29, 2024 08:18 AM EDT

TRENTON, N.J. (AP) — New Jersey Democratic Gov. Phil Murphy signed a $56.6 billion budget moments before midnight Friday, hiking taxes on high-earning corporations to help the state's transit agency while spending billions on education and other programs. The Democrat-led...

New Jersey passes budget that boosts taxes on companies making over $10 million

Jun. 28, 2024 16:15 PM EDT

TRENTON, N.J. (AP) — New Jersey's Democrat-led Legislature passed a $56.6 billion budget on Friday that hikes taxes on high-earning corporations, sending the measure to Gov. Phil Murphy, who's expected to sign it. Lawmakers were two days ahead of their constitutionally set...

Editorial Roundup: West Virginia

Jun. 28, 2024 12:11 PM EDT

Parkersburg News and Sentinel. June 26, 2024. Editorial: Right-sized: WVU cuts must be effective, not damaging WVU cuts must be effective, not damaging West Virginia University’s board of governors appears to be continuing the cost-savings and right-sizing measures...

Alaska court weighing arguments in case challenging the use of public money for private schools

Jun. 27, 2024 17:34 PM EDT

JUNEAU, Alaska (AP) — The Alaska Supreme Court is weighing a case that challenges as unconstitutional laws that have allowed families with children in home-study programs to use public money for education-related expenses at private schools. The court heard arguments Thursday in...

Missouri, Kansas judges temporarily halt much of President Biden's student debt forgiveness plan

Jun. 25, 2024 11:04 AM EDT

TOPEKA, Kan. (AP) — Federal judges in Kansas and Missouri on Monday together blocked much of a Biden administration student loan repayment plan that provides a faster path to cancellation and lower monthly payments for millions of borrowers. The judges’ rulings prevent the U.S....

Missouri, Kansas judges temporarily halt much of President Biden's student debt forgiveness plan

Jun. 24, 2024 23:08 PM EDT

TOPEKA, Kan. (AP) — Federal judges in Kansas and Missouri on Monday together blocked much of a Biden administration student loan repayment plan that provides a faster path to cancellation and lower monthly payments for millions of borrowers. The judges’ rulings prevent the U.S....

Yellen announces efforts to boost the housing supply as high prices create a crunch

Jun. 24, 2024 15:56 PM EDT

WASHINGTON (AP) — The Biden administration announced new steps to increase access to affordable housing as still-high prices on groceries and other necessities and high interest rates have dramatically pushed up the cost of living in the post-pandemic years. Treasury Secretary...

West Virginia University to increase tuition about 5% and cut some programs

Jun. 24, 2024 15:35 PM EDT

CHARLESTON, W.Va. (AP) — West Virginia University is increasing tuition by just under 5% a semester and cutting several majors from its divisional campuses in an ongoing effort to offset enrollment drops and a budget deficit. The state flagship university's board of governors...

California governor wants to restrict smartphone usage in schools

Jun. 18, 2024 17:21 PM EDT

SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom announced Tuesday that he wants to restrict students' usage of smartphones during the school day, citing the mental health risks of social media. The announcement, which was first reported by Politico, comes a day after U.S....

Congressional Budget Office raises this year’s federal budget deficit projection by $400 billion

Jun. 18, 2024 17:19 PM EDT

WASHINGTON (AP) — The Congressional Budget Office said Tuesday that it projects this year’s federal budget deficit to be $400 billion higher, a 27% increase compared to its original estimate released in February. The major drivers of the change include: higher costs from the...