Wednesday, June 9, 2010

Is College Tuition The Next Bubble To Burst?


Tuition has been increasing at double triple the rate of inflation.

"On average, college tuition has increased at around 8% per year, which means the cost of college doubles every nine years. Because colleges know that students will simply borrow more money to cover tuition increases, colleges have been relying on steady tuition hikes to solve all of their money problems. If this continues a college degree will soon cost as much as a house."

Read more here.

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