Higher education costs have become a big public policy issue as student loan debt has soared over recent years to $1 trillion with projections of $17 trillion by 2030! But there is finally some good news on although it is not all positive (at least from perspective of the payers).
In 2012 when public university tuition rose 8% -- double that of private schools, which rose a still strong 4% -- the market environment for tuition increases appeared little challenged. In 2016, however, the buyer of education services appears to be more value conscious, a November 29 Moody’s Investors Service report pointed out, citing slowing higher education costs. The changes point to a decided downtrend for public universities to...
