Most high school seniors and their families have not made final college plans for next fall. But they know this: It’s probably going to cost more than they had planned.
Even in good economic times, states and colleges have largely failed to hold tuition increases in line with inflation. Now as the slumping economy forces states to slash spending, students can expect the sharpest increases in years.
Families are calling on colleges to absorb as much of the burden as possible instead of passing the extra costs on to students.