NBC 33 Consumer News: Tuesday October 12
POSTED: Tuesday, October 12, 2010 - 8:43am
UPDATED: Tuesday, October 12, 2010 - 8:50am
CONSUMER DESK (NBC)
Dropping out of college after a year can mean lost time, debt and an uncertain future for students but taxpayers are also shouldering the costs.
During a five-year period, from 2003-2008, more than $9 billion was spent by state and federal governments to support students at four-year colleges and universities. The cost comes after students who accept federal or state money leave school.
The figures were released by the non-profit american institutes for research.
the group says the numbers are meant to show that college completion rates need improvement, but it also gives ammunition to critics who say too many students are attending four-year schools at great cost to taxpayers.
The first "all-electric" car from a major auto company, the Nissan Leaf, arrives at dealerships in December
But already thousands of Americans are already learning that "going electric" can come with perks like no other car purchase.
Tax credits, rebate checks and government give-a-ways will help whittle away at the nearly $33,000 sticker price.
Many of the 20,000 people to reserve a Leaf could see savings of up to $10,000.
Other perks include free parking in some cities and the use of express lanes on highways.