Gap Between College Costs and Inflation
Anyone who has an offspring attending university knows all too well the spiraling costs of higher education. While purchases at the grocery or gas pump jumps at alarming rates, the expense of tuition over the past few decades have been in a league all of their own. In the essay, College Education Economics, the subject of the student debt is analyzed. This essay examines the primary reasons why the price of educational institutions so dramatically outpaces the nominal rate of inflation.