blog #6

College May Become Unaffordable for Most in U.S. ?
The rising cost of college — even before the recession — threatens to put higher education out of reach for most Americans, accordingOver 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. to the biennial report from the National Center for Public Policy and Higher Education. “The middle class has been financing it through debt,” he said. “The scenario has been that families that have a history of sending kids to college will do whatever if takes, even if that means a huge amount of debt.”