Published March 2016. Financial aid and student loan rules change often, so some details may be out of date. Ask us about your situation.
Students in the U.S. pay more for college than in any other country. It’s no secret that the cost of college has risen astronomically and continues to increase each year.
But why is this the case? And what can be done to prevent costs from rising even further?
Why college costs have increased
In a recent podcast from the University of Pennsylvania’s Knowledge@Wharton High School, Wharton management professor Peter Cappelli and PricewaterhouseCoopers Partner Michael Deniszczuk discuss why costs have risen, how financial aid can affect the cost of college and how student loans have affected borrowers and the economy as a whole.
Check it out below, and let us know your thoughts in the comments below, on Facebook, or on Twitter.