The cost of attending college has risen nearly three times the rate of the cost of living, and could eventually put higher education out of reach for most Americans, according to a National Center for Public Policy and Higher Education report released Wednesday.
The problem could affect the United States' global competitiveness, the center said in its biennial report.
"College tuition continues to outpace family income and the price of other necessities, such as medical care, food and housing," the center said. College tuition and fees, adjusted for inflation, rose 439 percent from 1982 to 2007, towering over increases in medical care, housing and food, according to the report. Median family income rose 147 percent during the same period, the report said. Read full article »
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