Escalating Education Costs
Author Kathleen Porter’s article on the “ERIC Clearinghouse on Higher Education Washington DC†states, “The escalating cost of higher education is causing many to question the value of continuing education beyond high school. Many wonder whether the high cost of tuition, the opportunity cost of choosing college over full-time employment, and the accumulation of thousands of dollars of debt is, in the long run, worth the investment.
The risk is especially large for low-income families who have a difficult time making ends meet without the additional burden of college tuition and fees.In order to determine whether higher education is worth the investment, it is useful to examine what is known about the value of higher education and the rates of return on investment to both the individual and to society.â€
Referenced Source(s): ERIC Clearinghouse on Higher Education http://www.ericdigests.org/2003-3/value.htm
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