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College May Become Unaffordable for Most in U.S.

By Real Cost of Prisons Project (The Sentencing Project)

December 3, 2008 College May Become Unaffordable for Most in U.S. By TAMAR LEWIN NY Times The rising cost of college ? even before the recession ? threatens to put higher education out of reach for most Americans, according to the biennial report from the National Center for Public Policy and Higher Education. Over all, the report found, published college tuition and fees increased 439 percent from 1982 to 2007 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...continue to full post

Full post as published by The Real Cost of Prisons Weblog on December 04, 2008 (boomark / email).