Undoing the Influence of Rising College Costs | Commentary

By Betty Lochner. The rising cost of college is unduly influencing our nation’s future.
A new survey from UCLA’s Higher Education Research Institute indicated that the percentage of college freshmen attending their first-choice school has reached its lowest level in almost 40 years, primarily due to rising costs and limited availability of financial aid. The cost of a college degree has increased more than 1,120 percent in the past 30 years — far outpacing the price inflation of consumer goods, medical expenses and food. More...