Taking the Anxiety Out of Paying for College: A Bond Market for Higher Education
Publication Date: September 2002
Publisher(s): Heritage Foundation (Washington, D.C.)
The rising cost of higher education is one of the major concerns facing American families today. The cost of public higher education has risen sharply over the past two decades compared with the average family income and general rate of inflation. Since 1980, average tuition costs at public universities have increased 234 percent, but the general rate of inflation and the average household income have increased only about 80 percent.