Summary: The Rise Of College Tuition

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The rise of college tuition contributes to the ever so rising income inequality. The high cost of pursuing a higher education is very frightening. In the graph in Trends in Higher Education, the average cost to attend a public four year college is around $23,410 per year and average cost to attend a private four year college is about $46,272 per year (College Board). It is a staggering high cost that most Americans cannot afford. Although the U.S department of Education offers financial aid to students, the aid it provides is not an adequate source. Most students receive some type of loan to pay for college. CNNMoney reports, “Thanks to climbing tuition and inadequate college savings, 40 million Americans now have at least one outstanding student
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