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The Rising Cost Of College Education

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posted: 5 months ago

Poor Student

Fifty percent of American students can't afford a college education, and only 50% of recent graduates found full-time employment.

Frugal Dad has put together an info-graphic highlighting how college tuition in the US is growing more than twice as fast as the incomes of most families. The average family income in the United States grew 147% between 1982 and 2007, and the cost of college grew by a massive 440% over the same period of time.

Sounds pretty scary, right? Well not as scary as the fact that 85% of 2011 graduates moved back in with their parents after college as they couldn't afford a place of their own...

College Isn't Cheap

 

Info-Graphic Source : Frugal Dad
image: © cali.org

Clare Morris

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Tags: student fees, cost of a college education, student debt

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