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Consider yourself lucky to be in college now, students. The latest report from the National Center for Public Policy and Higher Education suggests that higher education may soon become unaffordable for a large portion of the U.S.
That means the next generation of college-aged kids may not get to enjoy the privilege of going out almost every night, sleeping through classes and still walking out with a degree.
The New York Times reports the bleak findings:
Over all, the report found, published college tuition and fees increased 439 percent from 1982 to 2007, adjusted for inflation, while median family income rose 147 percent. Student borrowing has more than doubled in the last decade, and students from lower-income families, on average, get smaller grants from the colleges they attend than students from more affluent families.
“If we go on this way for another 25 years, we won’t have an affordable system of higher education,” said Patrick M. Callan, president of the center, a nonpartisan organization that promotes access to higher education.
We’ve already seen tuition hikes, and it’s not likely to get better before it gets worse. Though most governors’ budgets don’t come out until January, when it comes to tuition it looks like Florida could see a 15 percent increase, Washington State a 20 percent increase and California up there too.
Ouch. The only education those kids will be seeing is the School of Hard Knocks.







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