A degree in debt. (College).Is the price of higher education higher education Study beyond the level of secondary education. Institutions of higher education include not only colleges and universities but also professional schools in such fields as law, theology, medicine, business, music, and art. too high? College is harder to afford than ever, even for the rich. New research shows the growing cost of tuition For tuition fees in the United Kingdom, see . Tuition means instruction, teaching or a fee charged for educational instruction especially at a formal institution of learning or by a private tutor usually in the form of one-to-one tuition. has outpaced increases in family income, forcing families to devote a larger share of their finances to pay the bills (see graph). Making matters worse, federal and state financial aid to students isn't keeping up. The economic slump Slump A temporary fall in performance, often describing consistently falling security prices for several weeks or months. has cost jobs and wages, and states are spending less. The result of this crunch (1) To process data. See number crunching. (2) To compress data. See data compression. 1. (jargon) crunch - To process, usually in a time-consuming or complicated way. : More students are borrowing larger amounts and accumulating bigger debts. Some critics worry that if these trends continue, lower-income families won't ever graduate to higher incomes. |
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