College Costs Are Rising Faster Than Cost Of Living, Medical Expenses (CHART)
According to a report from the College Board published earlier this week, college costs are increasing so fast that they are now outpacing cost of living inflation by a significant margin.
However, seeing graphically just how much college cost has risen in comparison to the cost of living and even medical expenses is somewhat shocking. Matthew Phillips of Freakonomics just published a disturbing chart contrasting cost of living inflation, medical expenses, and college tuition.
(h/t Ezra Klein)
This chart is especially disturbing considering medical costs routinely rise much higher than inflation.