The cost of a college education is climbing at a time when many American are going jobless and wages are being cut. The New York Timesreports that a new report from the College Board indicates college tuition has increased on average by 6.5 percent from July 2008 to July 2009.
Patrick Callan, president of the National Center for Public Policy and Higher Education, called the increases "hugely disappointing."
"Given the financial hardship of the country, it's simply astonishing that colleges and universities would have this kind of increases," Mr. Callan said. "It tells you that higher education is still a seller's market. The level of debt we're asking people to undertake is unsustainable.
"A lot of people think we can solve the problem with more financial aid, but I think we have to have some cost containment. For all the talk about reinventing higher education, I don’t see any results."
The report from the College Board determined that the average total cost of attendance at a public four-year college, including room and board, is now $15,213. At private nonprofit colleges the average total cost is now $35,636.
The New York Times has a chart showing the tuition increases here. The College Board has also listed some highlights from its report here.