College Costs Skyrocket 112% Above Rate Of Inflation Over Last Four Years | WHAT REALLY HAPPENED

College Costs Skyrocket 112% Above Rate Of Inflation Over Last Four Years

Authored by Jeremiah Poff via The College Fix,

As the issue of college affordability continues to be a prominent talking point on the campaign trail ahead of the 2020 presidential election, a new study shows that the cost of a college education is still increasing at a rate that far outpaces inflation.

The study, put out by the financial technology company Self, found that on average, college costs have risen $2,835 since 2015, increasing 112 percent more than the rate of inflation during the same period.

“While it is somewhat understandable for universities to increase costs in line with inflation, especially when you consider the number of wages and resources needed to keep a university running, the price hikes we have found in some states are double (if not triple) the rate of inflation; posing the question of where is this money going,” Self CEO James Garvey said in an emailed statement to The College Fix.

The analysis found that “university students are paying $29,133 on average across all states just to attend. This is an increase of $2,835 for every year of tuition above the prices student were paying in 2015

Webmaster's Commentary: 

This is just plain nuts; but the other question which must be asked is, are these degrees transferable, in terms of real life skills, enabling that student to graduate, then work, in the 21st century?!?

That should be an issue around every dining table in all the homes where teens are very keen to get into college, and finish.

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