Bypassing higher education due to high costs

The hefty price tag of a college degree has some experts worried that its benefits are fading. “I think it makes less sense for more families than it did five years ago,” says Richard Vedder, an economics professor at Ohio University who has been studying education issues …

According to the Education Department, between 1997-98 and 2007-08, prices for undergraduate tuition, room and board at public institutions of higher education rose by 30 percent, and prices at private institutions rose by 23 percent — after adjustments for inflation….

The cost of college is putting the financial screws to an entire generation, say student activists.

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