‘Have you heard about the dangerous, rising cost of not going to college? In the last 30 years, the typical college tuition has tripled. But over the exact same period, the earnings gap between college-educated adults and high school graduates has also tripled. In 1979, the wage difference was 75%. In 2003, it was 230%.
Over the last three decades, the cost of going to college has increased at nearly the exact same rate as the cost not going to college. How can the price of getting something and not getting something both rise at the same time?
That is the paradox of college costs.’