A college education has moved away from being a luxery item to beign a requirement for most employment in the US( with its heavily service based economy), but the price of attaining the every more curcial education continues to rise.
Between 2002-2003 the cost of tuition rose as much as 23% in some states and no lower then an estimated 5% in others(most rose about 6-10%). Tuition rates rose again in the 2006-2007 year raising as hig as 27% in some areas.
The reason that this continuing raise in cost is troubling is because majority of finacial aid recived by students is through loans, more then half for most students. Along with the fact that the amount of money gaduating students can make has not growen to reflect the increase, leaving the students in an ever increasing deficet.
No comments:
Post a Comment