American Students Experience Greatest Decrease In AffordabilityEvoLLLution NewsWire
The report points out that Australia’s tuition fees fell by nearly one percent between 2010 and 2011, but this was the bright point. In America tuition fees rose five percent and was the only country in the entire OECD who saw tuition fee increases coupled with a reduction in student aid.
“Students in the United States appeared to experience the greatest decrease in affordability in 2011, as they faced increases in tuition fees that exceeded inflation coupled with decreases in available financial assistance. Neither trend is expected to reverse course in the next two years,” the report says.
Further, the report indicates that a reduction in traditional-age cohorts is being experienced across the globe, and in all OECD countries there is a push to increase non-traditional student enrollment to make up for this gap.