Written by:
Laiyin Li

College Tuition on the Rise Again

According to a recent report issued Tuesday by College Board, the grim news is that college costs (including the tuitions of both non and for-profit, public and private universities) have witnessed substantial increases yet again.

It’s no doubt that this news is perceived as “hugely disappointing” by Patrick Callan, president of the National Center for Public Policy and Higher Education as well as millions of American (and a good number of international) students who will be the ones flung into deeper debt. Considering the financial turmoil that “wreaked havoc” in the US for over a year since September 2008, this rise in tuition seems to not only diverge in behavior from the patterns set by low inflation rates and declining Consumer Price Indices, but also leaves many skeptical of its correlation with the quality of education.

To view New York Times report on this matter, head here

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