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Why is College So Expensive?

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College is a good deal, but it could be a much better deal. A combination of factors have driven the costs of higher education in America to increase extremely quickly, pricing some people out of an education and building over a trillion dollars in student loan debt. So why? Why did those costs increase and what are schools spending all that fat cash on. Turns out, it's pretty complicated. Can you lower your student loans? http://www.vox.com/2014/10/1/6050243/student-loan-repayment-options SOURCES Trends in College Spending: 1998 to 2008 http://www.deltacostproject.org/sites/default/files/products/Trends-in-College-Spending-98-08.pdf Trends in College Spending 2001 to 2011: http://www.deltacostproject.org/sites/default/files/products/Delta%20Cost_Trends%20College%20Spending%202001-2011_071414_rev.pdf Vox.com - Everything you need to know about Student Debt: http://www.vox.com/cards/student-debt/what-is-a-student-loan Vox.com - Everything you need to know about college costs: http://www.vox.com/cards/college-costs/what-is-college Is Starting College and Not Finishing That Bad? http://www.hamiltonproject.org/papers/what_happens_to_students_who_fail_to_complete_a_college_degree_is_some/ Public Colleges Revenue Shift: https://www.insidehighered.com/news/2015/04/13/report-shows-public-higher-educations-reliance-tuition\ Tuition Fees and Room and Board over time: http://trends.collegeboard.org/college-pricing/figures-tables/tuition-fees-room-board-time Hiring Spree Fattens College Bureaucracy: http://www.wsj.com/articles/SB10001424127887323316804578161490716042814 Problematic Boom in Higher Education Administrators: http://www.huffingtonpost.com/2014/02/06/higher-ed-administrators-growth_n_4738584.html ---- Subscribe to our newsletter! http://nerdfighteria.com/newsletter/ And join the community at http://nerdfighteria.com http://effyeahnerdfighters.com Help transcribe videos - http://nerdfighteria.info John's twitter - http://twitter.com/johngreen John's tumblr - http://fishingboatproceeds.tumblr.com Hank's twitter - http://twitter.com/hankgreen Hank's tumblr - http://edwardspoonhands.tumblr.com

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