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

    Turkey, US Splits Deepen Over Support for Kurdish Militants

    Ankara summons American ambassador to protest remarks by State Department spokesman who said Washington does not consider Syria's Kurdish Democracy Union Party (PYD) a terrorist organization

    Obama Seeking $19 Billion for National Cybersecurity

    Move, touted as attempt to build broad, cohesive federal response to cyberthreats, calls for increase in cybersecurity spending across all government agencies

    Video Foreign Policy Weighs Heavy for Some US Voters

    VOA talks to protesters in Manchester, New Hampshire, who sound off on foreign policy issues such as the Guantanamo Bay prison, the Israeli-Palestinian conflict and the wars in Iraq, Syria and Yemen