I think colleges and universities are politically tone deaf. Given the economy, how can they continue to raise tuition?
According to a College Board report released this week, public colleges raised tuition and fees by an average of 6.5 percent last year, while privates increased their costs by 4.4 percent.
Speaking to the NYT, Patrick Callan, president of the National Center for Public Policy and Higher Education, said:
“Given the financial hardship of the country, it’s simply astonishing that colleges and universities would have this kind of increases. It tells you that higher education is still a seller’s market. The level of debt we’re asking people to undertake is unsustainable.
“A lot of people think we can solve the problem with more financial aid, but I think we have to have some cost containment. For all the