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Feeding frenzy.(Enterprising: business as an act of creation)
The cost of a college education continues to climb, despite--or, more likely, because of--skyrocketing subsidies. According to the College Board, tuition and fees for the 2003-04 academic year at private, four-year institutions reached $19,710--up $1,114, or 6 percent, from the previous year. Prices at public, four-year institutions shot up $579, to $4,694--more than 14 percent. By contrast, the overall Consumer Price Index rose by only 2 percent from October 2002 to October 2003.
These most recent increases are part of a decades-long trend, according to a recent report by the U.S. House Committee on Education and the Workforce, "The College Cost Crisis." In the ...
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