Less higher-education funding from states - Deepstash

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Less higher-education funding from states

After the Great Recession, states faced an economic crisis and started investing less in universities and colleges.

They cut the tuition credits or financial aid they provided to students. The schools were required to make up the loss of money. That is the reason for the drastic rise in tuition after 2010.

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Student loans allow families and students not to worry because they can just borrow to pay for it without deeply questioning what they're really paying for.

From 2008 to 2018, 41 states spent less per student after adjusting for inflation.

The cost of college has risen 25% over the past 10 years.

Many entry-level jobs now require undergraduate degrees. In turn, colleges are making changes to increase the value of the student experience.

The most expensive university in the US is Columbia University in New York City. It costs $86,257 a year. Northwestern University is at $78,654, and Barnard College costs $78,044.

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