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The collegiate success story fades as tuition prices soar

By Ryan Hiles–

Brilliant people come from all over the world over for an American education. What makes American colleges so exceptional, however, is also what makes them so expensive.

There is an unbelievable amount of money flowing into to American universities, but when you take a closer look, secondary education for middle or lower class Americans is still an enormous financial burden. This has created something of an identity crisis for American universities.

According to the New York Times, a college education at a public 4-year university could be obtained for the modest price of about $2,500 a year in 1974, adjusted for inflation.