Connecticut College in New London when the private, liberal arts school came out as having the most expensive tuition in the nation — $43,990 a year. The figure is based on U.S. Department of Education’s college cost statistics that were released this week.
The college released an open letter in response to the news, noting that the cost was based on 2-year-old data and that Connecticut College is still committed to providing need-based financial aid to the students who need it.
Regardless, the question that always seems to arise in the media — — is whether a four-year college degree is even worth it given the rising costs of tuition and struggling job market. (According to the Associated Press, half recent of college grads are unemployed or underemployed).
But, let’s change the conversation a bit. What about the students who made it through college and got their four-year degrees, but not until after assuming a mountain of debt from loans they had to take out? Many recent college graduates, and some who are many years out, are still paying off those high-end tuition bills month-after-month, and year-after-year.
So, we ask: how much debt do you still have? Take our poll and share your thoughts in the comments.