Financial analyst predicts that PSE in the US will get cheaper over time

June 9, 2014

An article published by financial columnist Chuck Jaffe in Marketwatch predicts that online learning and public frustration will help deflate the cost of college in the US—eventually. While the piece concedes that it is unlikely that college will ever be cheap, it claims that tuition costs have reached a tipping point and that current pricing models are certain to “break.” Jaffe notes that the cost of college is 75%–100% higher than it was 20 years ago but says that such an accelerated rate can’t last forever. Moreover, the growth of online courses and other options for distance education will make online degrees more commonplace and force colleges to reduce costs in order to stay competitive. MarketWatch