US EditionWhat is contributing to rising college costs?
WEST VIRGINIA, UNITED STATES, AUG 6 – College tuition has increased nearly 49% since 2009, driven by funding cuts and economic stagnation, impacting access and completion for low-income and first-generation students.
- College tuition and fees in the U.S. rose 4.7 percent from 2020 to 2023, with some institutions now charging up to $100,000 for a four-year degree.
- The rise continues a longstanding pattern of steadily increasing college costs over the past two decades, alongside a decline in state funding for higher education institutions since 2008.
- Increasing tuition fees have contributed to higher student loan burdens, influenced enrollment and retention rates, and placed approximately 25% of students in jeopardy of not completing their education, primarily due to financial difficulties.
- An estimated 45 million Americans hold student loan debt exceeding $1.7 trillion, while only 22% of Americans believe a four-year degree is worth the cost despite loan reliance.
- Institutions must adopt proactive, strategic approaches to manage costs, sustain educational value, and address the complex causes of rising tuition affecting student access.
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What is contributing to rising college costs? | News Channel 3-12
dee karen // Shutterstock What is contributing to rising college costs? Higher education tuition has doubled in the last 20 years, with some institutions today hitting the $100,000 mark for a four-year degree. These escalating costs have discouraged many prospective students from taking the leap into academia, as well as those experiencing waves of ballooning debt. However, it’s not only students who feel the pinch. As costs rise, higher educati…
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Total News Sources36
Leaning Left2Leaning Right0Center31Last UpdatedBias Distribution94% Center
Bias Distribution
- 94% of the sources are Center
94% Center
C 94%
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