The crushing cost of college in Calif., explained
It’s not your grandparents’—or even your parents’—higher-ed system. A young Californian of the Baby Boomer generation, bolstered by the post-war economic boom and the state’s investment in public higher education, could often emerge from college with little to no debt and a clear path to a living wage and homeownership.
Today’s California students, by contrast, graduate with an average of more than $20,000 in student debt. California offers more generous financial aid than most other states, but gone are the days of taking free college for granted. Studies show many students struggle even to afford food and housing.