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.

More In World

World Liz Rowley

This Incredible Action-Packed Sequence Was Somehow Filmed In Single Take (Video)

Watch this amazing video that was entirely filmed in a single take. Of course, the footage itself is hyperbolic and pretty annoying. The plot is superfluous; the amazing element is what’s happening behind the camera. This short comes to us via DJI Innovations and was produced to showcase the company’s latest development: the sub-$5,000 Ronin gimbal […]

World Liz Rowley

Tree Defies All Odds And Replants Itself After Being Knocked Down (Video)

Right in time for Earth Day, and harnessing all the majestic force of Mother Nature herself, watch this tree defiantly replant itself after being chopped down. If this isn’t an unapologetic and symbolic protest on behalf of naturalists everywhere, I don’t know what is. Even the men yielding the chainsaws had to give pause to […]

World Liz Rowley

Scumbag Mom Pretends To Have Cancer To Scam Her Town And Family Out Of $20K

In a sickening display of, well, feigned sickness, one Ohio woman conned her way into a cool $20,000. Mindy Taylor, 35, is facing felony charges after convincing the entire town of Chillicothe, Ohio that she was battling intestinal cancer. Rallying behind Taylor, the community collectively donated funds to support her treatment and recovery. The wife […]

Also On Elite

Women

Lily Allen Breaks Down Why The Media Pits Women Against Each Other

In a recent interview with Rolling Stone magazine, Lilly Allen talks about her frustrations with how the media portrays women as in constant competition with one another. Allen, who said that being a woman is “annoying” because it means that you’re constantly at the center of these completely fabricated cat fights, has the perfect response […]

Sports

Batkid Is Back And He Just Pulled Up To The Giants Game In His Lambo

The Batkid is a mythical figure at this point. The city of San Francisco made his wildest dreams come true when they shut down the city to facilitate a memory that will last a lifetime. Batkid is back, and he’s better than ever. The Giants paid tribute to the little tyke, who’s currently in remission […]