Families Struggle with Rising Costs of Higher Education

A January 12, 2007 article from USA Today reports that, across the nation, students and their families are struggling with the rising costs of higher education. While the income gap continues to widen between workers with a high school diploma and those with a college degree, the need for a college education remains high. Experts disagree on whether increasing the amount of financial aid available to students will impact rising tuition costs. Economic conditions in recent years have resulted in decreased state subsidies, which has had a significant impact on budgets for public colleges and universities. Federal legislators are also seeking ways to curb expenses for college students, including a proposal to decrease interest rates on student loans.

The article is available at the USA Today Web site.