More kids go to college. More get into debt. More of their parents are going broke financing their education.
According to the National Assessment of Adult Literacy, the percentage of college graduates’ ability in literacy had declined from 40% to 31% in the past decade. About 20% of college seniors did not have the ability to estimate whether their car had enough fuel to get to a gas station.
But more kids and parents can show those fancy diplomas to friends and relatives. So I guess all is not lost after all? (See the Earl J Weinreb NewsHole® comments and @BusinessNewshole tweets.)
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