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Strategies & Market Trends : US Inflation and What To Do About It

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To: ggersh who wrote (638)10/27/2014 12:55:39 AM
From: John Vosilla   of 1504
 
Homeless and hungry, college students fight rising college tuition costs

The pain of increasing tuition been ongoing. College costs have risen 12-fold in the last three decades, and following the Great Recession, state and federal funding for public institutions was cut nationwide. According to a recent report by the Center on Budget and Policy Priorities, a left-leaning think tank, 48 states invest less in college education now than they did before the recession.

When state budgets are squeezed, more of the cost of college is passed on to students and their parents. Meanwhile, American household earnings have barely budged over the same period. As a result, the average college graduate will enter the workforce weighed down by $29,400 worth of student debt. More than one-quarter of today’s 38 million student debtors is strapped with $50,000 or more.



finance.yahoo.com
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