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Good News and Bad News

by Flexo on October 21, 2003

in Education

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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About the Author

Flexo, the owner and creator of Consumerism Commentary, has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about him and follow him on Twitter.

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  • 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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