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From increased demand for higher education to waning government funding, many factors contribute to the high-and-rising costs of attending a college or university in the United States. Reasons why ...
There is a misconception that there was no similar increase in financial aid to help cover the costs of tuition. This is incorrect. In 1965, $558 million was available for financial aid. In 2005 more than $129 billion was available. As college costs have risen, so has the amount of money available to finance a college education.
High school students aspiring to be selected to the best colleges start the college-choice process earlier and make decisions earlier. Financial aid is an important factor in students' college choice process. Rising college prices and the increased need to rely on loans constrain the college choice process for low-income students. [21]
The 2010s were a turbulent period for higher education in the United States, as small private colleges from across the country faced deep financial trouble as they had to make high tuition discounts in order to attract students at a time when higher education costs were increasing, regulation was becoming more stringent, and demographic ...
Over the last 30 years, tuition has increased 1,120 percent; by comparison, even the "skyrocketing" cost of health care only rose 600 percent, and housing costs have gone up a paltry 375 percent ...
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The following graph shows the inflation rates of general costs of living (for urban consumers; the CPI-U), medical costs (medical costs component of the consumer price index (CPI)), and college and tuition and fees for private four-year colleges (from College Board data) from 1978 to 2008. All rates are computed relative to 1978.
The ruling comes at a time of deep financial pressures in higher education, with decreasing enrollment and family questions over the value of a high-cost college education during economically ...