The cost of attending college has drastically increased, with private four-year colleges seeing a rise of 181.3% over the last two decades. Many graduates find themselves burdened with substantial student debt. Prospective students are advised to research potential earnings in their field to determine if the financial commitment is worthwhile. Understanding the cost of college as an investment is crucial, as it should prepare graduates for future careers capable of paying off any debt incurred.
The average cost of tuition and fees at private four-year colleges has risen 181.3% over the past two decades, leading many graduates to face significant student debt.
Potential students should research their chosen field to ensure that their college investment is likely to yield a strong enough return to cover tuition costs.
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