Student debt: more people, paying more money, and mounting year on year

Dissident economic statistician Matt Bruenig (previously) has parsed the latest numbers from the Survey of Consumer Finances, and brings us the news of the increased democratization of student debt: in 1989, only 16% of students and their families carried student debt -- in 2016, it was 44%. Read the rest

San Diego State University Tuition in 1959

Costs of attending San Diego State University in 1959

A resident student paid $41 (not sure if that's a year or semester). Adjusted for inflation, it's $340.

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America's universities: Hedge funds saddled with inconvenient educational institutions

Public and private universities alike have been transformed into financial shell-games for Wall Street's wealthiest hedge-funds, while tuition and student debt soar, adjuncts are exploited, and the lifetime expected returns on a university degree plummet. Read the rest