The cost of a college education in the U.S. has skyrocketed 538 percent since 1985, according to a Bloomberg News report that used historical data from the U.S. Department of Labor. For millions of students, obtaining a four-year college degree has become a financial burden, forcing many to incur large debts to finance myriad educational expenses.
College Tuition Hikes Deepen Inequality
Data show that while college may still technically be “worth it,” tuition hikes are making higher education inaccessible to many.