In an article by the Detroit News today, it says:
More college freshmen say they need to take remedial college classes to make
up for what they didn't learn before they reached the campus. And an
increasing number also face problems in paying for college. Too many just
can't afford it.
and later in the article:
Another disturbing trend: rising inequality in terms of the ability to pay
for college. In 1971, the freshmen's' median parental income was $13,200, which
was 46 percent higher than the national average.
Today, the freshman family median income is $74,000, 60 percent higher than the average -- a trend that accelerated during the mid-1980s.
Multiple factors are at work here. Rising income and wealth inequality among Americans is an issue, while the growing cost of college tuition and fees is also at play. Students from wealthier families can afford the rising price for a university degree; it's much tougher for less well-off students.
All the more reason to make sure that you are properly educated to learn how to pay for college using all the advantages and knowledge that you can get.
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