Showing posts with label college. Show all posts
Showing posts with label college. Show all posts

Monday, October 22, 2007

College Costs Skyrocket

Here's something too many of us already know, tuition and fees for both public and private colleges/universities skyrocketed two times the rate of inflation.
    The increases in the cost of higher education continue to drive up the amount that students and families borrow, with the greatest increase coming in private loans, according to a separate College Board report also released this morning.
The cost goes up, grants go down, loans go through the roof, and the basic financial education of a college graduate revolves around debt, the enormity of which precedes saving for retirement, a house, a car, an emergency fund, a secure financial future. A friend recently requested a post on juggling student loan debt in relation to credit card debt, etc., and I thought it was a great idea. But seeing that it's afternoon and another dealine looms, that will be for tommorrow. Plus, I have to go get a job to pay my student loan...