Experts believe colleges must address affordability crisis.
By The Exchange Team
President Biden will decide this month whether to cancel federal student loans. Experts think college affordability will persist for years.
High schoolers are rethinking a four-year degree. Many believe the price is too high to be worth it.
More individuals are questioning, "Is college worth it?" says Temple University president and author Jason Wingard.
“It was indisputable for 50 or 60 years; now we're seeing a flatline,” he added. Higher education must pivot to remain relevant.
Recruiters are favouring talents over qualifications, he added. Higher education must be more practical than theoretical.
A college degree is now the second-largest expense behind buying a home. But This wasn't always true.
Deep decreases in state support for higher education have forced more college expenditures onto students.