How to control college costs in the age of COVID-19

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How to control college costs in the age of COVID-19
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Tina Smets had long thought about getting a college degree, but that seemed impossible.

FILE PHOTO: Hannah Carlile, a masters student, relaxes on the steps of the Faye and Joe Wyatt Center for Education on the campus of Peabody College at Vanderbilt University in Nashville, Tennessee, U.S., September 18, 2018. REUTERS/Harrison McClary/File Photo

“I don’t think I would have considered it otherwise,” Smets said of her planned business administration degree. “I actually didn’t believe it at first.” The University of Nebraska program covers tuition for families earning less than $60,000 a year. The University of Maine is offering in-state pricing for out-of-state students whose colleges have had to shut down.

“Families don’t want to pay tens of thousands of dollars a year just to have their kids stay home all day,” said Mark Kantrowitz, publisher and vice president of research for Savingforcollege.com. Financial aid will also be affected by the crisis. Original offers for the upcoming academic year as calculated using the Free Application for Federal Student Aid are based on financial data from 2018.

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