The Inflated Ethics of Post Secondary Education
by Eric Sirjord on May 1, 2013 | Views: 410 | 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
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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?