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Financial Aid in the News

Is College Still Worth The Price? (CNNMoney)

"Costs are soaring twice as fast as inflation, even as salaries for graduates are falling," CNNMoney reports. "Time to examine the old belief that college is worth whatever you can pay. For more than two decades, colleges and universities across the country have been jacking up tuition at a faster rate than costs have risen on any other major product or service - four times faster than the overall inflation rate and faster even than increases in the price of gasoline or health care (see the chart to the right). Normal supply and demand can't begin to explain cost increases of this magnitude. The critical question for you to ask: When it comes to college, will you and your child get what you think you're paying for? Here are the facts. You decide."

You can read the complete August 21, 2008 CNNMoney article on-line.

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