Federal report highlights the economic case for higher education — from educause.edu by Jaret Cummings
Excerpt:
The U.S. Departments of The Treasury and Education recently announced the release of a joint report highlighting the economic value of higher education achievement for individuals and the country as a whole. Entitled The Economics of Higher Education, the report confirms the continuing importance of postsecondary success to economic progress, including key findings such as the following…
From DSC:
Much of this is great — no doubt about it! Now, the question is, how do we make higher education more accessible/affordable yet still maintain the quality? Along these lines, see:
After housing and the stock market, is higher education the next bubble to burst? — from forbes.com by Avi Dan
Excerpt:
Few industries today have a worse business model than higher learning institutions.
Simply put, colleges are slowly pricing themselves out of existence. Tuition has consistently increased faster than inflation and household income, to the point that it is now four times more expensive to attend college than it was a generation ago. The result is that the average college senior carries $25,000 in student loans at graduations. The debt can follow students around for years, sometimes to the end of time, literally: $36 billion in loan debt is held by people over 60-years old!