Student debt in the US has exploded in the past decade. One of the reason is that the private costs of attending college have risen sharply, with public higher education funding having been cut sharply. Average public funding per student… — Robert Pollin Copy Share Image
State governments generate less revenue in a recession. As state leaders struggle to make up for lost revenue, legislatures tend to cut funding for higher education. Colleges, in turn, answer these funding cuts with tuition hikes. — Arne Duncan Copy Share Image
