Make sure to get our money’s worth
July 20, 2016
The cover story in the August 2016 edition of Consumer Reports indicates that 42 million people owe $1.3 trillion in student debt as a result of attending college.
According to the magazine, only 39 percent of students graduate in four years, increasing the burden they face in the years after getting their degree.
Even those students getting degrees in high paying fields are saddled with immense amounts of debt.
That's one of the reasons we oppose measuring a high school by requiring every student to take a college entrance exam.
Taxpayers aren't just footing the bill for a high school education, but are also paying for the college exams.
Last year, the state approved paying $6.1 million so every junior in Nevada could take the ACT.
Recommended Stories For You
According to the Nevada System of Higher Education, an undergraduate can expect to pay $207.25 per credit this year, and $215.50 next year. The per credit cost a decade ago was $105.25. It's pretty likely that the per-credit cost in 2026 will be double this year's. That's more than $26,000 for four years, not counting books, room and board, or any of the other things that it takes to support a student for that length of time.
We believe that a college education is important to those who will value it, but we find subjecting all high school students to a college entrance exam to be an expensive prospect.