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by onitica
5056 days ago
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One thing that really bothers me is how much universities are allowed to raise their tuition on existing students. I started college paying about $6k a year in tuition my freshmen year. My senior year cost me $11k. The difference in tuition raises overall probably increased my total loan amount by ~$10k by the time I graduated. This is huge and there is no way students can take this into account when applying for college. I don't know why there are no laws protecting students by requiring fixed tuition rates for students? Universities are notoriously bad for raising rates by thousands a year, which students must take into debt or leave. *Edit - Ok, the tuition when I first went to college was $20k a year. I had a $14k scholarship, so it was a manageable $6k a year. Now the tuition, 5 years later, is over $27k. That is a 35% increase at about 7% a year. Pretty ridiculous if you ask me, especially for a state school which should be affordable. |
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http://www.washingtonpost.com/blogs/ezra-klein/post/medicaid...