Growth In College Tuition Vs. Growth In Earnings For College Graduates

Growth In College Tuition Vs. Growth In Earnings For College Graduates
World

With more and more high school graduates opting to go to college, more and more students are forced to take out student loans to pay for their tuition.

Currently, the national student loan debt is $956 billion- up $42 billion from last quarter. But what’s the big deal? Once the students graduate and find a job, they’ll be able to quickly pay their debts back, right? Maybe not.

According to a chart released by Citi bank, while four-year college tuition is on a steep rise, earnings of college graduates is on a steady decline.

Paul Hudson | Elite. 

Share Tweet
React
Like Us On Facebook
Like Us On Facebook

Paul Hudson

A young writer, philosopher, and entrepreneur, Paul Hudson has been writing for Elite Daily nearly since the start. Currently located in Manhattan, Paul Hudson primarily devotes his time between writing for Elite Daily and the two entrepreneurial endeavors he is currently pursuing: a mining company in Turkey and a video content platform called lilHub. He loves sharing his life experiences with his readers and makes sure to practice what he preaches.

Original Video

Everything You Need To Know About Marijuana

Jesus has risen, but how high did he get? While Easter and 4/20 falling on the same day is most definitely a weird coincidence, it will also highlight a pretty important public opinion on what’s more important: weed or candy eggs? Sto...

More In World

World Connor Toole

Ukranian Man Offers $10k Each For Capture Of Russian Invaders

A Ukrainian politician has put a bounty on the head of Russian mercenaries in an attempt to stymie the neighboring country’s hostile actions in the region. According to The Trumpet, Borys Filatov, the lieutenant governor of Dnipropetrovsk, posted a message to Facebook earlier this week in which he provided a number of incentives for anyone […]

World Sean Levinson

The Flyer About Jews Needing To Register In East Ukraine Is Thankfully Fake

Western intervention in Ukraine seemed like a distinct possibility yesterday when it was reported that the Jewish community in the eastern city of Donetsk, currently occupied by pro-Russian militants, was given leaflets saying that they would be deported if they did not register with what is calling itself the city’s temporary government. But according to […]

World Sean Levinson

The Underwater Search For MH370 Could Cost A Quarter Billion Dollars

An underwater vehicle made by a private American company is currently searching for missing Malaysia Airlines Flight 370. It has come up with nothing after four missions covering nearly 50 square miles of sea. If the US continues employing private companies to search for the plane, it could cost a quarter of a billion dollars. […]

Also On Elite

Women

5 Reasons Why Olivia Wilde Should Be Every Gen-Y Girl’s Role Model

Olivia Wilde is not only drop-dead gorgeous, but she’s also one cool chick — not to mention, a great Gen-Y role model. Seriously, I just can’t get enough of the actress. From her thoughts on women in acting to her incredible sense of style, she has become my ultimate girl crush. Here are 5 reasons […]

Food

Tease Your Tastebuds With These Mouthwatering Photos Of Macarons

If someone walks up to you and asks if you’d like a macaron, it doesn’t matter what you just ate or what kind of mood you’re in, there’s a 100 percent chance you’re going to accept the offer. I mean, how could you not? Macarons could be the best snack to ever happen to the […]