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They warp the college admission process, for one thing. While colleges used to regard high school grade-point averages as the best predictor of higher education success, their predictive value has ...
Due to popular demand, the cost of higher education has grown at a rate faster than inflation between the late 20th and early 21st centuries. [80] Student housing costs have risen faster than even tuition fees. [81] From the 1990s to the 2010s, tuition and fees jumped 440%, as federal loans for students became more generous. [58]
According to FinAid, “A good rule of thumb is that tuition rates will increase at about twice the general inflation rate.” If inflation is 4%, college inflation is 8% — and 8% inflation ...
Additionally, the cost of federal college loans will be more expensive for the 2022 to 2023 school year, as loan interest rates are increasing from 3.73% to 4.99%, and graduate loans from 5.28% to ...
The Trump administration's Department of Justice reportedly conducted investigations to end affirmative action programs for racial minorities in college admissions. [142] [143] In a 2019 Pew Research Center poll, 73 percent of a representative sample of Americans said that race or ethnicity should not be a factor in college admissions. [144]
Cost of living increased roughly 3.25-fold during this time; medical costs inflated roughly 6-fold; but college tuition and fees inflation approached 10-fold. Another way to say this is that whereas medical costs inflated at twice the rate of cost-of-living, college tuition and fees inflated at four times the rate of cost-of-living inflation.
They have to start from scratch in their jobs, causing a waste of educational resources. [58] College tuition and fee increases have been blamed on degree inflation, though the current data do not generally support this assertion. [59] [60] Credential-driven students may be less engaged than those who are attending college for personal ...
The Federal Reserve is expected to cut interest rates for a 3rd straight meeting despite a recent inflation pick-up and solid economy and job market. Why the Fed is likely to cut interest rates ...
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