Public Colleges Are Getting More Expensive, and Here’s Why

If it seem like tuition costs are out of control, it's not your imagination. Higher education is expensive, even at a public institution, where the average tuition and fees averaged about $14,300 during the 2011-2 academic year. Meanwhile, the median household income in the US was approximately $50,500 for 2011. Do you know anyone who could afford to part with 28 percent of their family income, even for a good investment like education?