Thursday, February 2, 2012
As costs continue to rise, paying for college gets tougher for many students
A student at UW-Madison is having a really difficult time at paying tuition. She's double majoring and working 30 some hours a week and her scholarship just ran out because she has to go an extra year. Thanks to inflation and less funding for state schools, tuition is rising. Colleges are trying to replace the revenue they used to get from states with revenue from students and a lot of the students are struggling. State funding for education in Wisconson dropped 13.3% this year. Their drop was one of the highest in the nation. A lot of students are graduating with thousands in debt, but advisors are still saying going to college is worth the hefty price tag and thousands in debt because it will pay off later for most kids.
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