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$100,000 per Year! Rising College Costs and Student Loans

Discovery College Consulting

Much of this increase is due to a drop in funding from states following the 2008 financial crisis. According to the College Board, “. King Alexander, explained that in 2008, 70% of the school’s funding came from the state government, with just 30% coming from students in the form of tuition and fees. How is this possible?

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Why Is College So Expensive?

Discovery College Consulting

Since President Biden announced on August 24 that he was canceling student loan debt for millions of borrowers, there has been a flurry of responses from a wide range of individuals. 45 million Americans — about 1 in 7 — have student loan debt totaling over $1.6 Since 2006, student loan debt has more than tripled.

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