The $1.4 trillion question gets harder to answer as a record number of Americans attend universities.
from My Budget 360
One of the most perplexing questions on the minds of young Americans today is whether college is worth the associated tuition cost. It is rather humbling to see that $1.4 trillion in student debt is outstanding today. That is more than auto debt and credit card debt. College tuition has outpaced virtually every category that is tracked in our inflation measures. It has out run housing prices. It has left healthcare in the dust. It has crushed wages which are stagnant for nearly a generation. The last item is probably the most important measure to examine. If college is worth it, why have wages gone stagnant all the while tuition prices continue to go up? Is it because of federal loans? Is it because of mega complexes being built? Or is there something else going on?