(We recently began writing a weekly education columns for StraighterLine, a leading provider of online education courses. This is our first.)
“For many students, higher education debt is often viewed as a necessary evil. The upfront investment in an education is traditionally offset by greater earning power over the individual’s lifetime. College may be expensive in the short term, but when college graduates experience much lower unemployment rates and stand to earn as much as $1 million more than high school grads over their lifetime, the thinking goes that college pays for itself in the long term.
The question is, in the next 10 to 20 years, will the middle class get priced out of college altogether?”