The cost of a 4-year, public college has increased 158% since the early 1990s.

Jordan Uhl:

I’m one of the 43.4 million Americans who owe more than a collective $1.7 trillion in student loan debt. Feels great. The average federal balance is $37,014 per borrower, with the total (including private loans) balance a few thousand more.

According to the College Board’s 2021 Trends In College Pricing Report, the average annual tuition and fees at public, 4-year colleges have risen from $4,160 to $10,740—a 158% increase, since the early 1990s. At private institutions there has been a 96.6% increase during that same period, with tuition and fees increasing from $19,360 to $38,070.