Higher Education Costs Continue to Soar

by Administrator 23. October 2009 13:21

Is the dream of a college degree being pushed further out of reach for many Americans?  A new report shows a troubling trend, as financial aid sources simply can't keep pace with rising tuition.  Experts cite that higher education is experiencing a "seller's market", as the graduating high school class of 2009 was the largest in history.  More demand = higher cost.  Tuition and fees at private 4-year schools increased 4.4% while public schools experienced a 6% spike over the prior year.  Lack of sufficient financial aid options means more borrowing for students/parents to bridge the gap.

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