Monday, February 6, 2012

Tuition for Four Years Could One Day Cost $420K+ (For 1/16/12)

The 4-year total tuition to attend one of the U.S.'s most prestigious colleges will rise to $422,320 in 2034, if current trends continue for children born this year. Public universities will average $81,000 by comparison. Students will pay off debt to attend college for the rest of their lives. The main reward for taking on student loans to get a college degree is a higher-paying job. Manufacturing job losses have shrunk income and benefits for Americans without college degrees. Minimum wage has not kept pace with inflation because of Republican policies. Without reform, only students from households of the Top 1% will be able to afford college. http://www.alternet.org/story/153788/%24422%2C320_for_a_college_degree_with_tuition_skyrocketing%2C_it_is_time_to_rethink_high

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