Economy

Soaring College Costs Prompt Concern From Students, Economistsi
X
June 11, 2013 8:28 PM
Washington's Republicans and Democrats are haggling over how to finance higher education, including details like the interest rates that students pay for loans. Recent graduates, who are burdened with an average of $26,000 in loans, are watching the debate closely. But some economists say the real issue is controlling the soaring cost of college at a time when post-secondary schooling is crucial to getting a good job and a middle class salary. Experts tell VOA's Jim Randle that these high costs are hurting the whole economy, not just students and their families.

Soaring College Costs Prompt Concern From Students, Economists

Published June 11, 2013

Washington's Republicans and Democrats are haggling over how to finance higher education, including details like the interest rates that students pay for loans. Recent graduates, who are burdened with an average of $26,000 in loans, are watching the debate closely. But some economists say the real issue is controlling the soaring cost of college at a time when post-secondary schooling is crucial to getting a good job and a middle class salary. Experts tell VOA's Jim Randle that these high costs are hurting the whole economy, not just students and their families.


You May Like

Photogallery Kyiv: Russian Forces Tightening Grip on East

And new United Nations report documents human rights abuses committed by both sides in conflict More

Locust Swarms Fill Antananarivo Skies

FAO-led control efforts halted plague More

South Africa’s Plan to Move Rhinos May Not Stop Poaching

Experts say international coordination needed to follow the money trail and bring down rhino horn kingpins More