This is the highest this number has been since 1971 (Marill and O’Leary 64-66, 93).
The amount of college graduate debt has been rapidly increasing also.
College tuition should be affordable to everyone regardless of his or her family status and position.
Students should be able to attend a college without being in a debt consisting of thousands of dollars.
On average, students are graduating with more than $50,000 in loan obligations, and parents often have to borrow even more money.
The interest rates on private loans are higher than an average car loan, and each year the interest just increases.The cost of tuition for higher education is quickly rising.Over half of college freshmen show some concern with how to pay for college.As of December 2009, the nation’s unemployment rate was at ten percent (Boskin 22-27).The unemployment rate for people ages twenty to twenty-four is fifteen percent (Dickler). This makes finding jobs extremely difficult for college students.The main people that are affected by the tuition increase are middle-class families.Because low-income and middle class families rely heavily on government scholarship and private loans to pay through school.As long as I can remember, tuition has always been a reason why most people don 't pursue their bachelor’s or even associate degree.Today 's society has changed students are fighting for grants, financial aid, and even loans to pay through school.A change in college tuition is definitely required for American students and the students around the world to have a better education at low cost.The cost of out of state college is almost 40% more than an in state college.