Wednesday, December 03, 2008

College Costs

I fail to see how any parent could have stashed away enough cash to cover the skyrocketing costs of a college education that we're seeing today.  That means loans will become a necessity (assuming you can get one). Otherwise, a college education may not be possible.  That means the better jobs, the ones that demand a college degree, will be out of reach.  I agree with John Cole:

The Dream Becomes a Nightmare

I think this is one of the things that will finally be the end of the line for the American middle class: The rising cost of college — even before the recession — threatens to put higher education out of reach for most Americans, according to the annual report from the National Center for Public Policy [...]
UPDATE: From the New York Times:

College May Become Unaffordable for Most in U.S.

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