College costs continue to surge, with tuition increasing 238% between 1980 and 2016, far outpacing the 191.3% inflation rate during the same period.
Most students now pay between $6,000 and $15,000 just in tuition annually for public and private colleges in the United States. And although federal student aid has more than kept pace with inflation over the past several decades, it has not kept pace with excessive increases in college costs, leading Americans to amass a staggering $1.7 trillion in outstanding student loan debt.
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