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The cost of college
An article in yesterday's New York Times discusses a report on American higher education with findings similar to ACTA's report cards on systems in Georgia and Missouri. Put out by the National Center for Public Policy and Higher Education, Measuring Up 2008 illustrates the disproportionate increase in American college tuition relative to other economic factors like family income and the consumer price index. The past quarter century has seen college tuition and fees rise at three times the rate of median household income -- things look even worse if you only look at low-income families. Beyond these escalating costs, almost half of students at four-year colleges are not able to finish within six years, creating concerns that our nation will lack a properly educated workforce in the future. As a final blow, the report finds, any positive developments in the US are greatly overshadowed by gains in other systems internationally.
Talk about room for improvement!
Posted by Michael Schilling on December 04, 2008 at December 4, 2008 03:20 PM
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