Higher Education

College Tuition Inflation: An Overblown Crisis?

  The Trump administration’s higher education budget would eliminate the loan-interest waiver given to college borrowers. Ending the subsidy, it is argued, would reduce tuition inflation: A Federal Reserve study finds that subsidized interest hikes tuition. Between 1985 and 2011, average tuition nationwide increased 498 percent—more than four times the rate of general inflation (114 percent) as measured...

December 19, 2017