Good News and Bad News

Let’s start with the bad news. The bad news is public college costs jumped 9.8% and private college costs went up 5.7%. The good news is that colleges are giving out more money to students. The bad news is that this money is in the form of loans, not grants. The good news is colleges have increased spending on things that benefit the students, like technology. The bad news is that college costs outpace inflation and sometimes stock market returns. The good news is… sorry, there’s no more good news. The bad news is higher education is eventually going to be a luxury for the rich, if trends continue.

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One Comment on “Good News and Bad News.” To add your own comment, scroll down.

  1. #1: Darren R. Sussman
    Wednesday, October 22, 2003
    10:23 am (reply)

    Well, a luxury for the rich, or something that people always have to put themselves into debt for, like owning a home.

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