The average cost of attending a four-year, public college has ballooned to $27,800 per year. This equates to more than $110,000 spent to have an undergraduate degree. Even with current financial aid, for millions of students, it’s not feasible to dig themselves into lifelong debt. We speak with two higher education experts about what needs to change with financial aid in America.
- Mark Kantrowitz, financial aid expert.
- Sandy Baum, higher education expert, nonresident senior fellow, Center on Education Data and Policy, Urban Institute.