http://www.nytimes.com/2008/12/03/education/03college.html?hp Money quote: Over all, the report found, published college tuition and fees increased 439 percent from 1982 to 2007, adjusted for inflation, while median family income rose 147 percent. Student borrowing has more than doubled in the last decade Just like the ease of credit inflated housing prices beyond any acceptable ratio of price/income, so to has the ease of credit inflated college tuition prices. Naturally, colleges and universities across the land have allowed their budgets to expand to meet these bubble-like revenues. Many will be in trouble. Here's hoping for college education to return to what it used to and ought to be: a place for those w/above average inteligence and motivation to continue their studies.