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Making College Affordable |
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Is the cost of college increasing faster than inflation?
In the past decade, average public four-year college tuition fees rose 38 percent after adjusting for inflation, according to the Lumina Foundation for Education .
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What about student debt?
The average debt load of a four-year public college graduate was approximately $17,000 in 2000 — more than double the level in 1991 (Lumina Foundation).
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What has the government been doing?
Federal and state agencies have consistently decreased funding for higher education over the past two decades, as well as shifted from grants to loans. In the year 2000, state funding for higher education was $23.4 billion below the peak levels of 1979 (Mortenson, "Poverty, Race, and the Failure of Public Policy," 2000).
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What effect has all of this had on college matriculation?
More than 400,000 college-qualified students were unable to attend a four-year school in 2002 because they couldn’t afford it, according to the Lumina Foundation.
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http://zfacts.com/p/627.html | 01/18/12 07:28 GMT
Modified: Mon, 17 Apr 2006 05:43:57 GMT
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