There is a higher education crisis in America.
U.S. News reports that the price index for college tuition grew by 79.5 percent (outpacing the Consumer Price Index nearly threefold) between 2003 and 2013. This led to an unprecedented increase in student debt with outstanding student loans totaling $1 Trillion, with the average balance across all age groups being $24,301.
So what have we gotten in return for this massive increase in tuition and debt?
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