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In 1990, the average cost of tuition for a year at a public university was $1,780. In 2020, it was over $10,000–far outpacing inflation. From 1989 (when I first started college) to 2016, college costs increased almost 8 times faster than wages. As we toured different schools, some told families to plan to spend $80,000 per year. That’s why so many Americans are straddled with student loan debt and why many others aren’t able to attend college at all.
How would lowering the cost of college and forgiving student loans change your life?