College tuition is up sharply amid recession

10-21-2009 • AP

With the economy struggling, parents and students dared to hope this year might offer a break from rising college costs. Instead, they got another sharp increase.

Average tuition at four-year public colleges in the U.S. climbed 6.5 percent, or $429, to $7,020 this fall as schools apologetically passed on much of their own financial problems, according to an annual report from the College Board, released Tuesday. At private colleges, tuition rose 4.4 percent, or $1,096, to $26,273.

1 Comments in Response to College tuition is up sharply amid recession

Comment by Powell Gammill

Entered on: 10/21/2009 7:29:47 AM

As long as colledge education is prevented from experiencing the market controls provide by a free market, tuition will continue to rise. There is no incentive to stop asking for more money.

Stop the subsidies.

Stop the federally insured and provided student loans that bury students under massive debt when they graduate.

And enrollment will drop. And the colleges WILL have to lower tuition to attract students back, as well as cut frivolous, non-career advancing courses and degrees to cut costs.

The free market works, but it is rarely allowed to. I wonder why that is?

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