The Inflated Ethics of Post Secondary Education
by Eric Sirjord on May 1, 2013 | Views: 318 | Score: 0
Annual Tuition 4-Year Institutions (inflation adjusted) | |
---|---|
1980 | 8756 |
1990 | 12303 |
2000 | 15996 |
2005 | 18666 |
2010 | 21657 |
USD
Sources:
nces.ed.gov, usnews.com
Outstanding student loan balance now stands at about $870 billion, and has surpassed the nation's $693 billion credit card balance. Inflation adjusted numbers show that the cost of tuition has increased well over double from a few decades ago. Are Universities hurting their students by increasing tuition?