As the cost of college  is rising between 2.9% and 3.6%, education is becoming less affordable each year for incoming college students.  The old saying , “You have to  spend money to make money” begs the question —how much money is too much money to spend on one’s education?
        A  private college can cost one around $46,950, a year. A public college will cost you approximately $20,770 a year.  A community college will set one back around $11,970 per year. Furthermore, these costs are often deferred a bit by scholarships and financial grants. In addition, the price of college is rising on average 6% faster than inflation, leading students who cannot pay to borrow about 100 billion dollars a year to pay for college. All in all, student debt is a staggering $1.2 trillion in the U.S. alone.
       With the price tag of college being so high, it makes one wonder where all the money is going.  Does one college tuition  pay for professors salary or is it going to build more buildings?  Colgate University tuition, including room and board is $62,540 per year. This university gives $162 million a year in scholarships and spends roughly $ 41.6 million on payroll. To continue  Colgate has a 10 to 1 student to faculty ratio and an undergraduate enrollment of just 2,782. Many students look for a college where they are more than just a number, but by choosing a smaller, school one could be creating a hole of debt.

Should college debts cost one one’s future?