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When It Comes to College Costs, Middle-Class Kids Are not making it

https://www.yahoo.com/news/comes-college-costs-middle-class-kids-still-screwed-232900216.html http://www2.gse.upenn.edu/irhe/sites/gse.upenn.edu.irhe/files/Natl_Affordability2016.pdf The study by researchers at Vanderbilt University, the University of Pennsylvania, and the Institute for Research in Higher Education found that since 2008, overall college affordability has fallen 45 states, owing in part to slashed state spending on higher education in the years during and since the Great Recession. As a result, low- and middle-income earners in certain states now must spend as much as 76 percent of their annual income to pay a student’s tuition and expenses at a four-year public school, according to the study, The 2016 College Affordability Diagnosis. Things aren’t any better at the community college level, where some households with income of $30,000 or less are likely to pay as much as 61 percent of their earnings for costs at a two-year public school.

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