- Sep 29 2011, 5:36pm
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I think that a commenter here is probably right. It’s socially acceptable to say that you dropped out for cost, but a significant percentage of Millennials struggle with college work and can’t keep up. Search anything re: Academically Adrift.
Seven out of 10 undergraduates surveyed at 13 college campuses said they had not purchased one or more textbooks because the cost was too high, according to a new survey released Thursday by the U.S. Public Interest Research Group. The Government Accountability Office has estimated that textbooks cost a quarter the average tuition for state universities and three-fourths the average tuition at community colleges.
The U.S. PIRG analysis also found the price of textbooks has risen 22 percent over the past four years— a much faster rate than overall inflation. The rising prices come as student debt has soared record levels — exceeding total credit card debt in 2010.
» via The Huffington Post