Where Americans do need help, immediately, is in managing the rising cost of college—something with which Michelle and I are all too familiar (for the first ten years of our marriage, our combined monthly payments on our undergraduate and law school debt exceeded our mortgage by a healthy margin). Over the last five years, the average tuition and fees at four-year public colleges, adjusted for inflation, have risen 40 percent. To absorb these costs, students have been taking on ever-increasing debt levels, which discourages many undergraduates from pursuing careers in less lucrative fields
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