It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
(visit the link for the full news article)
With the economy struggling, parents and students dared to hope this year might offer a break from rising college costs. Instead, they got another sharp increase.
Average tuition at four-year public colleges in the U.S. climbed 6.5 percent, or $429, to $7,020 this fall as schools apologetically passed on much of their own financial problems, according to an annual report from the College Board, released Tuesday. At private colleges, tuition rose 4.4 percent, or $1,096, to $26,273.
In fact, during the period covered by the report, consumer prices declined 2.1 percent. So the latest tuition increase at public colleges was closer to 9 percent in real terms.
"It's only natural for parents to question why colleges are raising their prices yet again, while the rest of our economy is inflation-free," said James Boyle, president of the group College Parents of America.
Originally posted by hoghead cheese
You go into debt to go to school. Once your out of school you find a job (maybe) that doesn't pay you enough to service your loans, it's a scam.
Originally posted by 30_seconds
It cost me $50,000 to get my teaching degree. After income tax, and student loan payments, I'm due to take home about $18,000 a year for the next 10 years.
How am I ever going to be able to buy a house, car, or take care of a wife & kids?
I could have made $18k straight out of high school.