The High Cost of Higher Education Explained in One Simple Graphic

Thursday, April 11, 2013

For years, politicians and pundits have held forth about the high cost of higher education. Whether the issue du jour is rising tuition prices, falling returns on our educational investment, or the ballooning student debt bubble, the message has generally been the same: College is only getting harder to afford, even as it becomes more necessary.

Recently, CourseSmart, an e-textbook provider, created an infographic that lays out in simple terms the details of the college tuition explosion -- and they're truly frightening. Over the last 30 years, tuition has increased 1,120 percent; by comparison, even the "skyrocketing" cost of health care only rose 600 percent, and housing costs have gone up a paltry 375 percent.

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