The headline of an editorial in the Lowell (Massachusetts) Sun contains a disconcerting but certainly accurate message: That the state’s system of post-secondary education is on a “Collision course of unsustainable higher-ed costs.”
Inflation, the emergence of new fields of study, and ever-rising standards of care, not to mention increases in the cost of salaries, benefits, financial aid, maintenance, and technology, mean that most colleges and universities are on an untenable financial trajectory — unless their expenses are offset by new revenue sources or sustained increases in government aid.
