The underlying problem is the ever-rising cost of college education

But as the article points out, the federal government is making quite a profit off of student loans. In 2013 it is estimated that the Department of Education made a whopping $50 billion profit from student loans. So even though the federal government has taken some steps to help ease the giant financial burden recent college grads have had to deal with by capping the interest rate on student loans to 10% of income, and forgiving any debt still owed after 20 years, they really have no incentive to do anything about the exorbitant and continually rising costs of a college education.

As students face the rising cost of college education they tend to cut back on their nutrition.

Since 2004, the education foundation has remained committed to providing scholarships to students who show dedication and passion and produce superior journalism. With the rising cost of college education, providing students with funding allows them the opportunity to pursue journalism and learn valuable skills applicable to many career paths. These awards are given to students at the Daily Californian who have been recognized and nominated by their peers.

Tuition costs of colleges and universities

Can I please hear a question about the rising cost of college education for young Americans In April, Hillary Clinton announced her bid for the presidency for the upcoming 2016 election. As we all know, education is always a hot-topic in Presidential election years. Thanks to unhappiness about Common Core Standards and the rising cost of college education, get ready for it to be one of the premier issues in 2016.

The Rising Price of Higher Education

AFCPE Researchers certainly have their finger on the pulse of this field. There seem to be a variety of trends that we can continue to expect in the coming year for the financial counseling and education field. For example, implementation of the Affordable Care Act, consumer debt, the rising cost of college education, payday lending, and increased interest in prize-linked savings to name just a few. Join AFCPE Membership for access to this cutting-edge research and newsletter articles for the field.

The Rising Price of Higher Education By William Trombley


Media stories about the rising cost of college education and growing student debt, combined with the lingering economic effects of the recession, have led many people to question whether it still makes financial sense to attend college.As college tuition costs continue to climb to record levels, one-third (35 percent) of mass affluent are concerned with the rising cost of college education in America. According to the College Board, in-state public college tuition for the 2012 academic year averaged $22,261, while private college averaged $43,2891. Even with record high tuition rates, half (51 percent) of mass affluent parents will or have saved just $20,000 or less for their child’s entire college education, while nearly one in five (17 percent) mass affluent parents did not or will not save for their child’s college education at all.