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3. The soaring price of college
Average published college tuition and fees have more than doubled for public two-year schools and private nonprofit four-year schools, and close to tripled for public four-year schools between the 1990-1991 and the 2020-2021 school years, according to the College Board.
Why it matters: Median incomes grew 21% for the lowest quintile of families between 1989 and 2019.