In today’s episode, we’re diving into an issue that affects millions but is often framed too narrowly: the rising cost of a college education in the United States.
Given recent events, I wanted to take some time to explore the dramatic transformation of American higher education from an accessible pathway to opportunity in the 1970s to today’s debt-laden system. We’ll examine the economic drivers behind skyrocketing costs and their far-reaching consequences for individuals, society, and America’s global competitiveness.
Figure 1 – Cost of College — 1970s vs 2020s
Figure 2 – Shift in Funding Responsibility — 1970s vs 2020s
Listen to the episode now [Open the player page]