Ursinus, MCCC Get 'Graded'

After President Barack Obama's State of the Union Address in February, the White House has released the College Scorecard.

According to the WhiteHouse.gov website, "College Scorecards in the U.S. Department of Education’s College Affordability and Transparency Center make it easier for you to search for a college that is a good fit for you."

Ursinus College

At Ursinus College, the average student pays $26,859 a year after grants and scholarships, an increase of 1.5 percent from the 2007 to 2009 tuition costs. Families typicaly borrow $25,000 in Federal student loans, with a payment of $287.70 a month over ten years.

Of those students borrowing through Federal loans, 3.2 percent of them defaulted on loans within three years of entering repayment, much lower than the national average of 13.4 percent.

Within six years, 80 percent of the full-time students graduate.

Montgomery County Community College

According to the White House scorecard, in-state students pay a net price of $7,112 a year to attend MCCC, with campuses in Blue Bell and Pottstown. This is down 4.6 percent from the 2007 to 2009 costs and considered "low" on the scorecard's scale.

Families typically borrow an average of $8,563 for the undergraduate study at MCCC, with student loan payments of approximately $98.54 a month over 10 years.

However, 13.3 percent of borrowers who graduate from MCCC default on their Federal student loans, just .1 percent under the national average.

According to the scorecard, 11.6 percent of students graduated within 150 percent of the expected time frame, and 25.8 percent transferred to another institution. 

Learn more about the White House College Scorecard and research other colleges here.