College CostsEntering 2023, College Affordability

The cost of higher education has more than doubled in the past decade and students are wondering if the value of getting a degree is worth the high price tag. Moving into 2023 colleges and universities need to hone in more on student perceptions of degree value and student needs for more nontraditional options. With the rise of inflation causing many individuals to rethink their educational paths, students are growing concerned with the rising cost of tuition, but still believe that education is worthwhile. Higher education institutions must offer both affordable and meaningful education paths to retain current students and attract new students.