Rising College Tuition
The article of The New York Times said that according to the biennial report from the National Center for Public Policy and Higher Education, the rise of college cost threatens most Americans to reach higher education. The report indicated that the college tuition increased 439 percent from 1982 to 2007 while median family income rose 147 percent. The number of students borrowing had more than doubled for the last decade. Nonetheless, students from lower-income families received less grants from the colleges than more affluent families. Patrick M. Callan, president of the center, said that if the situation doesn’t change and keep going fore another 25 years, higher education will not be affordable.
The CNN article said that college tuition has raised nearly three times the rate of the cost of living. The increase of college tuition was more than increases in medical care, housing and food. The report stated "The nation's colleges and universities have become less affordable for students and their families since the early 1990s." According to the report, the situation could affect the global competitiveness of the U.S. About 34 percent of young American adults enrolled in college, which was behind Hungary, Belgium, Ireland, Poland, Greece and Korea -- which ranked the highest, with 53 percent.