Saving For College: Why Degrees Cost Too Much

By John Wasik. As I peruse glossy college brochures for my daughter, there’s one important fact missing: How much public funding for college education has eroded in recent years and escalated costs for families.
Not only are state colleges getting less support from their legislatures, private colleges are sending millions of students into debt as well. All told, student debt has breached the $1 trillion mark. Many observers say this is our latest bubble. More...