Most students simply can’t pay the tuition, which is getting higher and higher.
The average American family is unable to pay a student's tuition up front. This forces student to take out loans to pay off their tuition. Students are then unable to pay off their loans. Loan payments increase over time via interest. If a student fails to pay off their debt in their lifetime, their family is then forced to do so. The graph on the right illustrates that student loan debt often remains with an individual well into retirement. |
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