Education is expensive. Not only is it expensive, but costs at some U.S. universities are skyrocketing at ten to twenty times the current rate of inflation. To give you an example, I’ve been attending Michigan State University since August of 2002 (four years as an undergraduate and two as a grad student). In that six years, tuition for in-state undergraduates has jumped from $179.75 to $277.50 per credit hour. That’s an increase of over 60% in 6 years—obviously our current system is not sustainable.

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