McGregor: Enlightenment Tax
Maybe people are simply adjusting. Anecdotes about the high cost of education are everywhere -- a recent New York Times Magazine story details the plight of 20 somethings too broke to move out of their parents’ basements. Young people -- and, often, mom and dad -- are finishing college with unprecedented debt loads. To put it in the visceral parlance of contemporary politics, it’s like a tax on trying hard. By choosing not to fund higher ed, our leaders are over burdening the newest recruits to the working class -- and potentially crippling our economic future. Some are giving up. According to a recent Delta Project report on higher ed, more college students today are abandoning their education, and low-income applicants are finding it particularly hard to take those first steps toward realizing the American Dream/Ted S. McGregor, Inlander. More here.
Question: Can you afford to send your children to college?