"The High Cost of Higher Education Explained in One Simple Graphic"

Watson, Bruce. “The High Cost of Higher Education Explained in One Simple Graphic.” Dailyfinance.com. Daily Finance, 16 March 2013. Web. 6 May 2013. http://www.dailyfinance.com/on/college-costs-tuition-rising-student-debt-infographic/

In this article it talks about how one graphic can show how much tuition has increased overtime. In the article it says that over the last 30 years, tuition has increased 1,120 percent and that compared to the rising cost of health care only increased 600 percent. The issue of paying for higher education is becoming more and more of a struggle. Many families are paying off their students loans way into their 40s and 50s. In the article it says, "should it be shocking that almost one in five families is currently paying off student loans." The graphic that went along with the article does not only show how tuition has increased over time, it also shows are the cost of textbooks have decreased and how the student debt has increased while credit card and auto debt have decreased over time. In the article it says, " The average debt total at graduation is approximately $27,500." The article is very helpful because after they say everything about how debt is increasing, they give you ideas to try and pay off your loans in a timely manner. Getting your diploma is the number one thing they say to do because employees that have a diploma get paid more money. The tip that they give is to graduate in four years because it will save you money from not paying for tuition and for room and board. This article was very helpful because it talked about the affect of what attending a university can have on you after you graduate; it also was nice because it gave tips on what to do when there are student loan debts.