Has the cost of college reached a tipping point for a significant number of middle-class students? — from edsurge.com by Jeffrey R. Young

Has the cost of college reached a tipping point for a significant number of middle-class students?

I’m seeing more signs of just that, and it’s happening at the undergrad and graduate levels.

Just this week, for instance, a new survey of 1,500 high school counselors conducted by the education consulting firm EAB found 63 percent reported that fewer students at public schools plan to attend college than four years ago. And 53 percent of those counselors said cost was the primary reason.

Meanwhile, a new study released this week by Georgetown University’s Center on Education and the Workforce found that the cost of graduate education has risen to the point where a significant number of degrees will not pay off. The center says that 41 percent of master’s degree programs and 67 percent of professional degree programs for which data was available would not pass their “debt-to-earnings test,” meaning they would not bring enough earnings to cover the cost plus interest from typical student loans. 

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