Higher education is living up to its billing, literally. The cost of going to college has long been on the rise in this country. Now a new report tallies the tag for students at schools in New England.
The Massachusetts Institute for a New Commonwealth, or MassINC, finds that since 1992, the price has risen by 33 percent of family income for a student at a private college, and by 21 percent at a public university.
Add to that the ensuing surge in student debt: it's up 49 percent for graduates from private institutions and 39 percent for those in the public system.
Bob Oakes speasks with MassINC President Ian Bowles on the cost of higher education.
This program aired on May 1, 2006. The audio for this program is not available.