There has been a huge problem with skyrocketing college costs that are far beyond the costs of inflation. So much so that total tuition debt will surpass total mortgage debt.
You say it’s rising with everything else over the years, this is not the case. College expense has soared way beyond normal inflation.
Ant this is an old chart.
Who can defend such a difference? Where is the dialogue? Why isn’t this a business case study in Universities ?
I think what we see here is a “business” that is defrauding the select students that can even afford colleges and graduate in debt up to there ears.
Why do you have colleges raising the costs of education onto student when these Universities receive $ Billions in endowment monies from alumni.
Why is such an easy to see problem ignored?
The Americans need to say “enough is enough” to these institution. Students are in debt up to their butts and the colleges have $Billions in the bank and climbing.
Something is wrong with this picture.