The ever-increasing cost of education is not sustainable, reports Louis E. Lataif for Forbes. Higher education in America, historically the envy of the world, is rapidly growing out of reach. For the past quarter-century, the cost of higher education has grown 440%, according to the National Center for Public Policy and Education, nearly four times the rate of inflation and double the rate of health care cost increases. The cost increases have occurred at both public and private colleges. Like many situations too good to be true–like the dot-com boom, the Enron bubble, the housing boom or the health care cost explosion–the ever-increasing cost of university education is not sustainable. Just 10 years ago the cost of a four-year public college education amounted to 18% of the annual income of middle-income families. Ten years later, it amounted to 25% of that family’s average annual income. The cost of attending a private university is about double the cost of public universities. Think of higher education as the proverbial frog in boiling water. It feels very warm and comfy but soon will be cooked…

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