The rising cost of college

When it comes to college affordability, California gets a “C,” according to a recent report. Turns out that’s pretty good; every other state gets an “F.” The biennial study by the National Center for Public Policy and Higher Education, called “Measuring Up 2008,” used a range of measurements to give states grades, based on how much of the average family’s income it costs to go to college. Those costs have gone up steadily and faster even than the costs in medical care, as this chart shows. One result is that more and more students are being forced to borrow large sums of money to attend and face massive debt when they graduate.

Source: “Measuring Up 2008,” a report of the National Center for Public Policy and Higher Education.