College Tuition in the U.S. Continues To Soar

The cost of college tuition in the US contiues to increase each year. In fact, college tuition has been increasing at a higher rate than even healthcare and is double that of overall consumer prices. The causes for the relentless rise of college tution are many including cheap and easy loans from Uncle Sam, requirement of a diploma certificate for a many jobs including ones that hardly needs high-school level skills, expensive and luxurious college facilities, highly paid educators, thousands of highly-paid administrators who do paperwork and administer everything, etc.

The following chart compares the growth in college tuition against medical care and other consumer prices:

Click to enlarge

Source: The True Cost of Higher Education, Manning & Napier, September 20, 2017


Leave a Reply

Your email address will not be published. Required fields are marked *