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Survey Shows Students Are Dumping Top Colleges Due To High Cost

wochit news
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March 13, 2014 AT 4:31 AM
The disproportionate rise in the cost of college relative to the cost of everything else is not news, but a new survey shows that college students are dumping their top choices for education based on price. The cost of education has risen at approximately 2½ times the rate of inflation since 1985. From 1985 through 2011, the consumer price index went up 115% while the cost of college increased nearly 500%. Although the gap has closed slightly the past two years, the cost of education is still outpacing inflation.