Oliver L. North and David L. Goetsch: The Hidden Costs of Biden's Student Loan Debacle | The Patriot Post

Oliver L. North and David L. Goetsch: The Hidden Costs of Biden's Student Loan Debacle | The Patriot Post

• As high as the monetary costs of college are, the hidden cost of “forgiving” student loans is much higher.
  

"...Let’s look at just a few of the financial costs of going to college. According to EducationData.org, these costs include:
— The average cost of tuition at colleges and universities in the U.S. is approximately $36,000 per year, a cost that increases approximately 6.8% per year. The upward trend can be expected to continue. For example, after adjusting for inflation, the cost of tuition has increased by 361% since 1963.
— The cost of books and supplies as of this writing is approximately $1,400 per year and rising. This figure has been held down somewhat by the used book and book rental industries..."