As a financial professional serving the higher education community, as a mother of two children that plan to go to college and as a U.S. citizen, I found the article below, which was published last week in the New York Times fascinating. The author, Adam Davidson, begins the article by referencing the “crisis” in higher education. The “crisis” is far more than the rising cost of tuition and room and board; leaving the average American family wondering how they will pay to educate their children. The cost of not educating America’s youth is a crisis for all Americans – it impacts every element of our communities and our economy.

The author goes on to say that “Higher education is a fascinating, complex business.” This is a very true statement which many might not have agreed with 25 or 30 years ago. Working with financial professionals at colleges and universities, I have the opportunity to understand this fascinating, complex business from those that work in it every day. Higher education has definitely changed and we (parents, students, and citizens) must begin to look at it differently if we are going to move our economy and our communities forward.

Enjoy! This is definitely worth the read: Is College Tuition Really Too High?

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