More Facts and Findings
The final report of the Commission on the Future of Higher Education asserts that, “Too many students are either discouraged from attending college by rising costs, or take on worrisome debt burdens in order to do so.†Furthermore, the Commission’s research revealed the following factors that influence the decisions and outcomes of seeking higher education in the United States:• From 1995 to 2005, average tuition and fees at public four-year colleges and universities rose 51 percent after adjusting for inflation (for private schools, the increase was 36 percent).
• Median debt levels among students who graduated from four-year colleges and universities were $15,500 for public and $19,400 for private institutions.
• State funding growth for higher education has fallen to its lowest level in over two decades.
Referenced Source(s): U.S. Department of Education, http://www.ed.gov/about/bdscomm/list/hiedfuture/actionplan-factsheet.pdf
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