Colleges Get Costlier in the US

December 3, 2008

(ChattahBox) — The National Center for Public Policy and Higher Education presented its annual report stating that college education is getting costlier in this country (US). It also stated that higher education may soon be unaffordable for most Americans. As the recession in the country continues, this new report adds worries to this generation of youth and their parents.

The rising college tuition and fees has increased nearly 439 percent from 1982 to 2007 while the family income rose only by 147 percent. According to the report, student borrowings has increased more than two folds. Students from lower-income families get lesser grants from their colleges as compared to students from affluent families. Patrick M. Callan, President of the center, a nonpartisan organization that promotes access to higher education states that if the situation continues for another 25 years, then there will be no affordable system of higher education left in the country.

Texas State Senator, Rodney Ellis, describes the situation as a “national embarrassment.” He has also filed a bill to increase the amount of financial aid available to students from families earning less than $50,000 annually.

Education systems from other countries are moving past that of the US, warns Callan’s report. The USA has made only modest gains in providing college education to its students. It also warns that the picture would get only worse if corrective measures are not made to make the education system more accessible.


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