A way back from the decline in college enrollment

Lauren Williams's picture
Friday, December 20, 2013

It’s a tough time to be a college student, and it’s a tough time not to have a degree.

Despite dim reports of high cost and limited accessibility, however, we are seeing a revolution of immense changes, many brought on by technological innovations reshaping how we learn.

Recent College Board and census data show the average cost of a four-year college education has increased by more than 250 percent, to about $22,000 per year, since 1980.

Too many students are relying on loans to pay for school. The average 2013 graduate took on $30,000 in loan debt during his or her college career. Some students are borrowing amounts they are likely never to repay. The U.S. Department of Education says recent college graduates are defaulting on loans at the highest rate in decades.

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