In other words, far from being caused by funding cuts, the astonishing rise in college tuition correlates closely with a huge increase in public subsidies for higher education. If over the past three decades car prices had gone up as fast as tuition, the average new car would cost more than $80,000. read more
If over the past three decades car prices had gone up as fast as tuition, the average new car would cost more than $80,000. Some of this increased spending in education has been driven by a sharp rise in the percentage of Americans who go to college. read more
And so, even as costs rise, students are forced to grin an bear it, because failing to attend college can cost hundreds of thousands of dollars, potentially millions, over a lifetime. And most importantly, the student loan system absolves both colleges and universities of fiscal responsibility. read more
Climbing Walls, Lazy Rivers Researchers who study the question of the rapidly rising financial burden of American higher education say it's important to understand that very different forces are driving the cost of delivering that education and the price students and their families have to pay. read more