The rising cost of college explained

· College Costs

Published May 2013. Financial aid and student loan rules change often, so some details may be out of date. Ask us about your situation.

It’s no secret that college costs have been on the rise for the last few decades. CourseSmart, an e-textbook provider, created an infographic that lays out in simple terms how the price of college tuition, textbooks, and fees has skyrocketed, and how student debt has ballooned as a result.

With college not getting any cheaper, it’s imperative to maximize your financial aid options, graduate on time, and choose a student loan repayment plan that allows you to afford your monthly payments. Check out the infographic below for more alarming statistics about the rising cost of college.