The price of higher education in America is spiraling out of control. Student loan debt is at an all-time high, as many students and families struggle to pay tuition bills. Neither can the American taxpayer—annual federal aid has ballooned by over $100 billion in the last decade. Innovation is needed, and quickly.
There are two elements of college affordability: cost and price. Costs are what colleges spend to educate students. Prices are what students pay to attend college. We need innovation in both cost and price to fix the affordability problem. Education Sector's work on both college costs and innovation in higher education explores strategies for both, in order to make college more affordable for students and families.
The price of higher education in America is spiraling out of control. Student loan debt is at an all-time high, as many students and families struggle to pay tuition bills. Neither can the American taxpayer—annual federal aid has ballooned by over $100 billion in the last decade. Innovation is needed, and quickly.
There are two elements of college affordability: cost and price. Costs are what colleges spend to educate students. Prices are what students pay to attend college. We need innovation in both cost and price to fix the affordability problem. Education Sector's work on both college costs and innovation in higher education explores strategies for both, in order to make college more affordable for students and families.
