Education Increasingly Divides the Haves and Have-Nots
Source: College Board, Education Pays Earnings by Education Over Time
Unemployment Drops with Education Source: College Board, Education Pays
Health Insurance Coverage Rises with Education Source: College Board, Education Pays
Are High Tuition Prices the Culprit?
Tuition Prices Have More Than Tripled Source: College Board, Trends in College Pricing
Net Prices Have Risen More Slowly Source: College Board, Trends in College Pricing
Are Loans Crushing Students?
Net Price Down Source: College Board, Trends in College Pricing
Source: College Board, Trends in Student Aid Debt Burden Flat for Public BAs
Rising for Private Colleges
Is $20,000 Too Much Debt? Public BA Recipients Median Debt of Borrowers Monthly Loan Payment, 10 Year Term Monthly Loan Payment, 20 Year Term Interest Rate of 6.8%$19,800$228$151 Interest Rate of 3.4%$19,800$195$114 Average new car loan: $27,000 Monthly payment ( 5 years, 4.75%) : $506 Source: Author’s calculations; student loan data from Trends in Student Aid; car loan data from Federal Reserve (http://www.federalreserve.gov/releases/g19/hist/cc_hist_tc.html ).http://www.federalreserve.gov/releases/g19/hist/cc_hist_tc.html
Student Loans: Borrowing Against Future Gains Source: Education Pays
Sources Martha Bailey and Susan Dynarski (2011), “Inequality in Postsecondary Education,” in Whither Opportunity? Rising Inequality and the Uncertain Life Chances of Low-Income Children, edited by Greg J. Duncan and Richard J. Murnane. College Board Education PaysEducation Pays College Board Trends in College PricingTrends in College Pricing College Board Trends in Student AidTrends in Student Aid Piketty, Thomas, Emmanuel Saez, and Stefanie Stantcheva (2011), Taxing the 1%: Why the top tax rate could be over 80%. Vox, December.Taxing the 1%: Why the top tax rate could be over 80% Board of Governors of Federal Reserve System (2012). Consumer Credit G- 19, Historical Series.Consumer Credit G- 19