talks about the rising cost of student debt. Graduates who took out loans left college with an average of $24,000. That might not sound as high as the scare tactic numbers you've been reading everywhere, but of course the concern is that not every college student finishes their degree. So while the total lifetime earnings of a college grad are better than those of just a high school graduate, they aren't always achieving higher starting salaries when they need them to start paying off expensive student loan payments.
Cost of college does seem to be more about choices though than the media makes it out to be, Bankrate has this list of the 10 top most expensive and cheapest private and public colleges. Sarah Lawrence tops out at 30k+ a year (not including room and board I'm guessing) but even the most expensive public colleges range from 8-10k. That's probably in-state tuition, and probably not including room and board, and there's always the top 10 affordable public colleges in the range of 2.6-3.2k a year. Not too bad, and several of them are not bad.
Has college tuition and student loan debt gotten out of control? Or are too many people making poor choices and not attending local and affordable state colleges? Or is that not even an issue when expensive colleges and student loan companies are fleecing parents and students?