Growth rate of tuition vs. other expenses, over 15 years

Growth rate of tuition vs. other expenses, over 15 years

Today’s Washington Post has a report on growth in college tuition with a nice graphic, something we all at least vaguely know. Highlights include:

Researchers said the percentage of an average family’s income needed to pay for a public four-year college has risen from 20 to 28 percent, after financial aid. For community colleges, the burden has risen from nearly 20 percent to nearly 25 percent.

Borrowing for college has also doubles. And while the U.S. is second only to Canada in per capita advanced degrees in the working age population, we are tenth in the world for degrees among those aged 25-34.

I don’t know if the stats only include public schools but all the commentary seems to. Obviously Williams pricing works differently.

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