Since 1978 the price of college has increased in absolute dollars by 1120 percent, more than any other good or service in the U.S. economy. (For example, the cost of food has increased by just 244 percent and healthcare by 601 percent in the same period). A widely cited study by Richard Arum, Academically Adrift, concludes that 36 percent of college students show no significant gains in learning over the course of their four years in college. Indeed, 68 percent of students at public colleges and universities fail to graduate in four years. And in 2012, over 50 percent of graduates under the age of 25 were either unemployed or underemployed.
Posted on: Sat, 25 Jan 2014 05:38:17 +0000
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