The rise of college tuition in the past 10 years has been absolutely ridiculous.
On average, in the past 10 years, college tuition has increased over 40%. Salaries have only increased 4% over that time span, making it is a wonder how entry-level salaries can pay these escalating tuition costs. I have my own theories as to why, but would like to concentrate on the issues rather than my opinion.
This year student loan debt exceeded $1 trillion dollars, which also exceeds credit card debt.
