Thursday, October 25, 2007

Tuition Hikes Outpace Student-Aid Increases

All Things Considered, October 22, 2007 · Among the immutable laws of physics that students learn about, here's one Newton never dreamed of: The cost of going to college always goes in one direction. Here's another: As student aid goes up, college costs rise faster.

According to Sandy Baum, senior policy analyst with the College Board, the average price of college is continuing to rise more rapidly than the consumer price index, and more rapidly than average prices in the economy.

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