Are we seeing the same degree of inflation at community colleges and tech schools that we're seeing at elite institutions? Yeah, so across the board, we've seen increases in tuition that are pretty significant. But if you look at your traditional public four-year institutions, that's where we really see those college increases.
The cost of college has ballooned over the past few decades, far outpacing inflation. In August the Biden administration announced plans to cancel student debt for more than 20 million Americans, a move many economists say will cost taxpayers more than 400 billion dollars and only compounds the problem of soaring college costs. In this episode we’ll explore how tuition prices became so outrageously high, and what some colleges are doing to reverse the trend