Cost Of Education Up 439% | 03.05.09

Posted in Financial Aid By Student Loan Network Staff

Want to hear a frightening statistic? According to the National Center for Public Policy and Education the cost of attending college has risen 439 percent from 1982 to 2006. 439 percent!!!

Now I know I’m singing to the choir here, and that all of you are well aware how much education costs these days, but even I was shocked by this outrageous statistic and felt obliged to pass it on. It really makes you wonder, doesn’t it? I mean real estate, automobiles, the Dow, and all kinds of merchandise has dropped in price over the past several months, but not the price of education. In fact, it’s news worthy when an institution just freezes tuition rates.

I will say this though, in defense of the colleges, many are allocating more funds to financial aid during these difficult times, but how about a tuition break too? Not all students qualify for financial aid.

What do you think about this outrageous statistic? Let your voice be heard.

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3 Responses to “Cost Of Education Up 439%”

  1. Jon says on March 11, 2009 at 12:49 pm:

    Is that accounting for inflation?

    Reply To This Comment
  2. Jeff says on March 9, 2009 at 4:19 pm:

    I would not think it would down since the demand has not dropped instead demand has increased.

    Reply To This Comment
  3. Lee says on March 5, 2009 at 5:24 pm:

    439% huh?

    a lot of countries send their citizens to college for free….Sweden, the Philippines,the Netherlands.

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