July 27, 2023
A College Tuition Cap Could Be the Bipartisan Solution We’ve Been Seeking - Commentary
Robert Shireman, director of Higher Education, and Carolyn Fast, a senior fellow, The Century Foundation, write: This has been a tough few weeks in higher education — particularly for those of us who care about increasing diversity on college campuses. Yet, there has been a key piece missing in the analysis of the Supreme Court’s decisions on affirmative action and Biden’s loan cancellation plan: namely, that the cost of college is out of control. Over the past 30 years, even accounting for inflation, the average cost of tuition and fees to attend college has more than doubled. Today the average undergraduate student who takes out loans graduates from college owing nearly $25,000.