Is There A War On Higher Education?
LOOP 21 COMPOSITE
LOOP 21 COMPOSITE
Minority youth aiming for college degrees are faced with crushing debt and soaring unemployment
Since 1985, the cost of college has increased by 498%. Outstanding student loan debt, as reported earlier this year by Loop 21, has hit $1 trillion. In addition, wages for most Americans have remained stagnant since the 1970s, and some studies, like the one published in 2011 by Sentier Research, have shown that household income has been falling ever since. The paper states, “Real median annual household income has fallen significantly more during the economic recovery period from June 2009 to June 2011 than during