Every Gen Yer knows that there’s been a steady increase in the cost of college tuition in recent years. This tuition inflation is one of the greatest threats to the financial security of our generation. Instead of graduating college with a degree and a clean financial slate students are being saddled with thousands of dollars in student loans. Some of these loans can take up to a decade to payoff.
The cause over the dramatic increase is often debated, but the guys over at the Freakonomics blog seem to offer a good explanation in this post.
You get better gyms and student centers but less actual education for your money these days. Someone should do an expose on how much time (or rather, how little college professors actually spend in the classroom teaching.
How soon will you update your blog? I’m interested in reading some more information on this issue.