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

Growth In College Tuition Vs. Growth In Earnings For College Graduates
World
Like Us On Facebook
Like Us On Facebook

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 (@MrPaulHudson) 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 a mining startup in Turkey. He loves sharing his life experiences with his readers and makes sure to practice what he preaches.

More In World

World Emily Arata

Hero 13-Year-Old Boy Saves Mom From Abusive Boyfriend By Stabbing Him

A 13-year-old boy from Phoenix reportedly saved his mother’s life after her abusive boyfriend attacked. Darvon reached for a kitchen knife after his mother’s long distance boyfriend, Keith Childress, 26, began beating her while threatening the boy and his 15-year-old sister. He stabbed Childress repeatedly, acting on his instincts. He said, It was my instincts, I […]

World Sean Levinson

Virgin Galactic Spaceship Crashes In Desert During Test Flight (Photos)

A rocket plane made by Richard Branson’s Virgin Galactic crashed in the Mojave Desert during a test flight on Friday morning. The firm’s Twitter account said that SpaceShipTwo had experienced an “in-flight anomaly” as it conducted its 55th test, RT reports. One pilot is dead with the other seriously injured, both of whom had been equipped […]

World Sean Levinson

Child Bride Who ‘Killed Husband To Escape Marriage’ May Get Death Penalty

A 14-year-old Nigerian girl may be put to death if found guilty of fatally poisoning her 35-year-old husband shortly after their wedding. Wasila Tasi’u married Umar Sani last April in accordance with Nigeria’s marriage act, which states that anyone under 21 can be married as long as his or her parents consent. Wasila is from an impoverished, conservative […]

World Emily Arata

Father Finds Perfect Halloween Solution For Son Who Can’t Have Candy

Halloween isn’t exclusively about rotting haunted houses and ghouls. There’s a sweet side to the holiday, as shown by this father’s letter that dates back a couple years. The note, delivered to the man’s neighbors, explains that 8-year-old Fletcher has epilepsy. To prevent seizures, he must follow a strict diet that excludes candy. So little […]

World Sean Levinson

The Number Of Billionaires Has Doubled Since The Financial Crisis

There are more than twice the number of billionaires in existence today than during the 2009 financial crisis, a new report from a global charity has found. Oxfam’s statistics aim to show that inequality continues to grow, with the very rich gaining even more money while the very poor struggle to find available means to survive. Oxfam’s […]

Also On Elite

World

Dad Makes Sure Boys Know Daughter Is 10 After She Lied About Her Age (Photos)

Kevin Jones does not take deception lightly. When the Louisville, Kentucky father found out his 10-year-old daughter had been masquerading as a teenager online, he put his foot down. The girl, who’s been left unnamed for privacy’s sake, had a boyfriend who believed she was 15. She even claimed to be 18 at one point. At […]

World

Science Determines That Men Are Terrible At Judging Who They Can Beat Up

Men are egomaniacs. Science just proved it. Lengthy research by Daniel Fessler, a researcher at UCLA, has proven that the way men see potential adversaries is related to how they’re feeling about themselves. When men are with groups of friends, they tend to see adversaries as smaller and less imposing than they really are. If the […]

World

Blind Man Looking For Someone To Read To Him Gets Flooded With Offers

One blind man in London placed a simple request in two local bookstore windows. He wanted someone to read to him. In just a few days, 34-year-old Andrew Bailey was inundated with responses. Fellow Londoner, Dec Munro, tweeted an image of the note, and it was then retweeted 1,500 times within two days under the hashtag #ReaderWanted. […]

World

Tiny Chick Jumps From 400-Foot Cliff To Be With Parents And Survives (Video)

Parents are supposed to be the Holy Grail of knowledge and wisdom. As children, we’re expected to do what our parents say and listen to their advice; as adults, we know that they’re pretty much always right, so we willingly follow their lead. That said, some parents are f*cking whack. Case in point: barnacle gosling parents, which encourage […]