"The Campaign for America's Future reports that, since 2000, the average inflation-adjusted cost of tuition at a public institution has increased 42 percent while median household income, adjusted for inflation, had fallen $1,273. In 2005, a family making the median household income of $46,326 would have to spend one-fourth of that to cover the tuition for one child at a typical public four-year university. Paying the tuition at a typical private four-year university would eat up a staggering 57 percent of their income."
-Alex Carter, Campaign for America's Future-
Follow-up on yesterday's post. Read the article by Alex Carter here.