Costs may put college out of reach for most Americans

Dec. 3, 2008
Report notes tuition increases have greatly outpaced family income growth

The rising cost of college — even before the recession — threatens to put higher education out of reach for most Americans, according to the annual report from the National Center for Public Policy and Higher Education. 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.

To read The New York Times article, click here.

Sponsored Recommendations