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Monday, November 14, 2011

15 Surprising Side Effects of Rising College Costs

Kaitlyn Cole has been in touch to remind us about this published article below.

Photo: Online Universities
It’s hard to miss talk about rising college costs these days. It’s plastered all over newspapers and websites, and has been at the center of much political debate over the past month, especially in response to President Obama announcing a new plan to help grads better cope with student debt. And it’s not a discussion that’s likely to go away soon. Over the past few decades, college tuition has been rising at a breakneck pace, almost three times as fast as inflation. Incomes haven’t kept up with college costs, and that’s made it a challenge for many students to pay their way through school, often accruing tens of thousands of dollars of debt in the process.

The effect these rising costs have had on young adults hasn’t always been predictable, however. Here, we explain some of the more surprising ways higher tuition is affecting the way current students and recent grads work, play, and live.
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Source: Online Universities