Higher education is becoming quite expensive these days and even students are making huge investments to pursue their higher education. With less than expected return on investment, there has been huge increase in the student debt. The main reason for huge decrease in the return on investment is students failing to find jobs after their graduation.
From the year 1982, there cost of education has seen an increase of 439% and even the rate at which medical care has become two times more. With the average tuition hiking up annually, students are taking an average of 5.4 years to finish their bachelor’s degree program.