SOURCE: EarnMyDegree.com

EarnMyDegree.com

April 20, 2009 12:40 ET

EarnMyDegree.com Launches Site Explaining the Economic Stimulus Bill's Impact on Higher Education

State-by-State Breakdowns Show How Higher Education Benefits From Approximately $100 Billion Education Package

HOBOKEN, NJ--(Marketwire - April 20, 2009) - EarnMyDegree.com, a web resource of EducationDynamics, today announced the launch of its new Higher Education Stimulus site, which outlines how higher education, and those seeking degrees, may benefit from President Obama's American Recovery and Reinvestment Act of 2009. EarnMyDegree.com's new site, located at http://www.earnmydegree.com/online-education/learning-center/stimulus/, features a state-by-state breakdown, showing how the approximately $100 billion marked for education will directly affect U.S. higher education in 2009 and 2010.

"Every state's education system will benefit from the economic package, which should assist more people to find the money they need to go to college," said Terrence Thomas, EVP of Marketing for EarnMyDegree.com. "There is money out there for education, but the challenge is finding it. We outlined, in one easy-to-understand site, what funds each state is receiving so people know where to look for assistance."

Each state-by-state listing includes a graph illustrating how the stimulus money is allocated in the state, as well as information on funded grants and tax credits available. The site also includes an education stimulus glossary to explain the funds and grants in the economic stimulus bill. On the national level, the bill is awarding:

--  Approximately $17 billion in new funding for Pell Grants, which will
    increase the average award for the 2009-10 academic year from $3,400 to
    $3,850.
--  $13 billion to make higher education tax credits available to students
    from lower-income families who currently do not pay taxes.
--  An additional $200 million for work study programs.
--  $100 million in teacher quality partnership grants, and more.
    

In addition to providing information on the how the economic stimulus bill impacts higher education, EarnMyDegree.com allows people to search for classes by degree subject, degree level and type of school (e.g. online or on-campus). The site features thousands of accredited online college programs and traditional schools. Most of the degrees are designed with working professionals in mind, making it easy to take classes and not interrupt work.

Since the launch of EarnMyDegree.com in May 2003, the site has successfully connected more than three million students to the adult online education programs of their choice. For more information on EarnMyDegree.com, the Higher Education Stimulus site, and to search for degree programs, schools, courses and classes, visit www.earnmydegree.com.

About EarnMyDegree.com

EarnMyDegree.com, part of the Prospecting Services Division of EducationDynamics, is a network of leading websites that connect prospective students with colleges, universities and online learning programs. Established in 2003, EarnMyDegree.com serves as a one-stop directory for undergraduate and advanced degrees, as well as professional certificates in a variety of fields from business to healthcare to technology. EarnMyDegree.com's team of marketing experts, designers and copywriters have a proven track record for optimizing marketing campaign results to increase qualified leads. More than 3 million students have been connected to the online education programs of their choice through EarnMyDegree.com. To learn more, visit http://www.EarnMyDegree.com.

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