Chart: Net College Costs vs Household Incomes
This chart comes to us from a report titled “What is the Price of College?” put out by the US Department of Education’s IES division and but brought to my attention in a summary piece in Money by the ever-helpful author and college expert Kim Clark.
Anyone looking into the realm of college finance can find quite a bit of information about tuition costs and their rapid rise over the years. What often gets lost in translation is what it means. Do rising costs matter? After all, if aid packages and incomes have also been increasing in line with tuition expenses we wouldn’t have much of a problem. Continue reading