The economic crisis: The American universities are in the turmoil.

The American Universities are also touched by the International crisis. The American universities’ money are really in down.

Harvard anticipates a decreasing of 30% of its capital, that is 10 billions of dollar’s. Actually a lot of students are getting into debt when they were registers in September, and today they are in money difficulties.

According to many reports that the College Board has published in 2008 October, the higher education’s cost has increased between 4,5% and 6,5% in dollars during 2007-2008.

However during those two last years, the students was able to take out a loans with prime rates which allowed to modest students to register more easily in Universities. But, on the short run, this foreign aid did not compensate for increasing of studies cost for the most modest families until 2007 and so, the register cost, plus the housing’s cost stood for 55% of the sales’ household, for the 2007 years against 39% in 2000.

According to a report published by the Project on Student Debt, more of two third of students are today into debts. It’s a dangerous fact for the future.