When a family member told me they’re skipping college in order to avoid the extra debt, I couldn’t bring myself to tell them that they’re making a huge mistake. A lifetime of low earnings makes it tough to get by. But so does crushing debt. Here’s what the numbers from new studies say.
U.S. colleges have come a long way in recent years in helping to make college costs more transparent. It’s still tough to pin down just how much a family will owe, long after the tuition bills are due, but some new online tools are helping.