Authored for FreedomWorks.
“Higher education is still the best ticket to upward mobility in America,” President Obama said last year. “And if we don’t do something about keeping it within reach, it will create problems for economic mobility for generations to come.”
It is a common refrain from political leaders that it is necessary for students to pursue a college education. The cost of that education comes at rising cost, with graduates of the 2012 class holding an average of $29,400 in student loan debt.