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The rising cost of college — even before the recession — threatens to put higher education out of reach for most Americans, according to the biennial report from the National Center for Public Policy and Higher Education.
Over all, the report found, published college tuition and fees increased 439 percent from 1982 to 2007, adjusted for inflation, while median family income rose 147 percent. Student borrowing has more than doubled in the last decade, and students from lower-income families, on average, get smaller grants from the colleges they attend than students from more affluent families.
“If we go on this way for another 25 years, we won’t have an affordable system of higher education,” said Patrick M. Callan, president of the center, a nonpartisan organization that promotes access to higher education.
“When we come out of the recession,” Mr. Callan added, “we’re really going to be in jeopardy, because the educational gap between our work force and the rest of the world will make it very hard to be competitive. Already, we’re one of the few countries where 25- to 34-year-olds are less educated than older workers.”
It's really bad news. I hope that Obama will do something about this.
When can people in this country understand that education is the key to get out of poverty?
Being an America Idol will never be a good way to start your life. If we can't compete for a 50000 dollar paid job, are we ready to compete for a minimum paid job?
I wonder what will happen to this country if 'high school' education is NOT free?
Last edited by NEPatriot; 12-03-2008 at 01:43 PM..
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I don't think it's out of reach. Admnittedly I can't comprehend why college costs go up so fast but it's irrelevant to me, instead of my two kids going off to school as freshmen, I now plan for them to do two years at a JC and only having to do 2 to 2 1/2 years at a 4 year school. They can live at home at the JC, work and save money in their spare time. A lot of things are do-able if you choose to make them so.
US is a wealthy country and our kids can't pay for college. Something is definitely wrong.
the cost of college books is RIDICULOUS.
The cost of education has always been ridiculous as have been the books, this is magnified during this difficult economic time..there are no easy answers to this one, and may be beyond the magnitude of the Prez.
“We like to say that dependability is more important than ability,” Bill Belichickism....