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Good News and Bad News

This article was written by in Education. 2 comments.

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.

Published or updated October 21, 2003. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.

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About the author

Luke Landes is the founder of Consumerism Commentary. He has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about Luke Landes and follow him on Twitter. View all articles by .

{ 1 comment }

avatar Darren R. Sussman

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