In the national public university tuition fees, up 8.3% on average $8244 this year, according to analysis by the college board. Private four-year college tuition increase 4.5% of moderate, an average of 28500 yuan.
At the same time, the American President Obama announced on Wednesday that a plan to the government plan from different loans to borrowers to consolidate them at a lower interest rate. Obama also said he would speed up the implementation of a new law, reduce the income the biggest share of the borrower, 10% a year. Later, the borrower with 20 years to pay for the amount, they can for their loans forgive balance.
Since 1980, college tuition rose almost two times, inflation accounting, even if the median wage stagnation is still the same period. For the first time, americans now owe the debt more than credit card debt. (but not like credit card debt, student loans is unable to discharge the bankruptcy.) Carey Kevin pointed out that, in the new republic, loose student loan burden and not curb these costs rise.
Even if students are more and more debt, college graduates face a better labor market than the average after graduating from high school, to stop accepting education.
In 24 years old of the following the high school graduate unemployment hovers at about 20%, for the past three years. For young university graduates, the unemployment rate is only 8.5%. More than 25 college graduates, the unemployment rate is only 4.2%.




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