As costs continue to rise, paying for college gets tougher for many students
She doesn’t buy books for her classes if she can help it. She works two jobs, sometimes donating plasma for extra cash. She doesn’t own a car, shops at Goodwill and rarely goes out to eat.
Despite all of that, UW-Madison student Dena Ohlinger, 23, could no longer afford tuition as a full-time student and cut back to part-time last year. Ohlinger, a fifth-year senior from a small town in southeastern Wisconsin, said her debt is ballooning and she worries she is a financial burden on her parents. It is a struggle each semester to pay tuition.
“I’ve felt this over and over again, if I was realistic about my financial situation and was trying to make a responsible decision, it would not include college,” she said.
Ohlinger is not alone. The cost of college has far out-paced inflation over the past five decades, making it harder for students to work their way through college and come out debt-free, or even with manageable debt. Tuition, books and living expenses for an in-state student living on an adequate but moderate budget is estimated at $22,542 at UW-Madison for 2011-12. It was $1,430 in 1960, which equates to $10,867 in 2011 dollars, according to the Bureau of Labor Statistics.