Whats Driving College Costs Higher?

Kevin Carey, the director of the Education Policy Program at the New America Foundation, believes the student debt crisis reflects larger, troubling trends in higher education — among them excessive spending by colleges and universities, which drives up tuition, and declining government support for public universities as state and local governments face budget crises. In the past three decades, Carey says, college tuition has consistently increased much faster than both inflation and incomes.

The percentage of all students taught by non- tenure-track professors – adjuncts, teaching assistants – has gone up and up and up.- Kevin Carey"Every year, [it increases] 2 or 3 or 4 percent above the inflation rate, to the point where college is now four times more expensive than it was, say 20 or 30 years ago," he says.

Whats Driving College Costs Higher?