Read and quake

According to the College Board, the published tuition and fees of private, nonprofit colleges and universities increased between 2007-8 and 2017-18 at an average rate of 2.4 percent. Given the growth in wealth during that period of the top 1 percent of earners, plus the shifting of financial aid away from the most needy and toward “merit scholarships” for the affluent, it is likely that college for the highest earners is actually less expensive in real terms today than it was a decade ago. The same cannot be said for the majority of the population.

Quoted from here.

Axé.

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