I was reading the current issue of Money magazine and I came across an article about whether or not college is still worth the price. The article went on to mention how after adjusting for financial aid, families are paying 439% more for colleges and universities than they did in 1982. According to Money, this escalation in tuition has ?rose four times faster than the overall inflation rate and even faster than energy commodities and health care?. The article attributes the escalating cost to the fact that more expensive colleges and universities, specifically Ivy League schools, are perceived to provide a better education and less elite schools raise their costs to follow suit. The article also points out that if college costs continue to follow this accelerated trend of inflation, the investment may no longer be worth the alleged benefit, specifically for undergraduate degrees. What do you guys/gals think? As a proponent of higher education, I personally believe that college should be both available and affordable for those who wish to pursue it. However, if your income in your chosen field cannot cover the costs of your education, what?s the damn point?