A college degree once led to higher wealth. Debt has eroded that advantage,” says Josh Mitchell in his exploration into the creation of student loans. Check out recommendations for Mitchell’s book and more.
WBUR arts and culture fellow Lauren Williams recommends three books about the cost of higher education.
The end of August marks many things. Summer is in its slow wind down into fall, and one of the tell-tale signs is the almost sudden emergence of backpacks. I’m a neighbor to a few large freshman dorms, and last weekend served as a startling reminder that a new season is coming, whether I like it or not. Parents with bags from Bed Bath & Beyond and boxes labeled with things like “Jeremy Winter Clothes” blocked the sidewalks while soon-to-be students stood nearby.
For those who are just starting school, it’s a different story. While college enrollment has climbed in this century, so has tuition. The price of university has risen faster than inflation over the past few decades, and in many cases, especially for advanced degrees, prices are shocking. Last week, The New York Timesthat at the turn of the century, the average cost for college tuition hovered around $13,000 and today it sits at $22,700.
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