Trends in College Tuition vs. Bachelor’s Degree Wages; Interesting Demographics of Student Loan Debt History

Courtesy of Mish Shedlock, the graphs below continue to highlight the ever growing crisis in our higher level education system.  We have recently written a few posts (here, here, and here) that tell the same story and ask is college really worth it?

As Mish points out in his piece, according to the New York Fed, Student loan debt is the only form of consumer debt that has grown since the peak of consumer debt in 2008. Moreover, student loans balances have eclipsed both auto loans and credit cards, making student loan debt the largest form of consumer debt outside of mortgages.