Tuition Inflation Makes Student Loans a Necessity
July 11th, 2012 by Jennifer Frankel

Benjamin Franklin may have once said that “the only things certain in life are death and taxes” but at the dawn of the 21st century that infamous duo has admitted a new member: inflation. Although less well-known, inflation – the tendency of prices in for goods and services in general to rise over time – is no less sobering. Moreover, because inflation affects different goods and services at different rates, the inflated cost of higher education in the US – otherwise known as tuition inflation – means that inflation will affect the average student long before either death or taxes come knocking. Read the rest of this entry »

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