Apparently, in the US, the average amount borrowed to pay for one year of college tuition has risen from $5,075 (£3,255) in 2007-08 to $7,874 (£5,050) in 2011-12. The rise is forcing more and more students to forgo expensive schools and to live at home.
Meanwhile, in Britain, university applications fell by 9 per cent, or 50,000 places, as top-rate £9,000-a-year tuition fees came in to play last year - and some universities are already reporting falls in applications for undergraduate degrees starting in the autumn.
(Chart from thedailyfeed)
hell yeah. I settled for community college because my dad couldn’t even pay application fees. If only I had known when I...
Meh. I made mine on proximity. Wherever I was, there I went to school. Went through five before getting my four year...
I did not. I wish this graph included costs back to the 60s or 70s so one could see just how much it has skyrocketed in...
unfortunately completely.
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