Big Tech vs. the EU, and Why Is College So Expensive?
After Hours
Understanding the Rising Costs of College Education
The chapter discusses the increasing expenses of college education, exploring the factors driving up tuition fees such as high demand, federal financial aid availability, and lack of price competition among colleges. It also examines the impact of federal loans, tax credits, and high dropout rates on escalating costs, shedding light on the challenges faced by academically gifted low-income students in accessing financial aid.
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