Higher education cost are rising

The escalating cost of higher education is causing many to question whether it is worthwhile to continue education beyond high school. Many wonder whether high tuituion,choosing colleage over employment involves opportunity cost, and accumulating thousands of dollars of debt is, in long run, worth investment. The risk is especially large for low-income families who have a difficult time making ends meet, and do not want the additional burden of college tuition and other fees.

Although pursuing a college degree costs a lot, there is evidence that the rate of return on investment is high enough to justify it. Differential like income between college graduates and high school graduates varies over time, but it never disappears.