In 2000, America had the most youth between the ages of 25-34, holding a bachelors degree in the world. In the last eight years, America has dropped to 10th on the list. Last week, former President Bill Clinton warned that because of this, America is losing its competitive edge in the global economy. President Clinton said “We are headed into long-term economic decline if we don't do something about it.”

It’s important to know, the future of the American economy rests on the education of our youth. Why? The innovation and knowledge that these students will acquire is what will keep America on the cutting edge, causing business to grow, and encouraging a global investment in the American economy. 

President Clinton feels the decline in Americans obtaining a bachelor’s degree is due in no small part to the rising cost of tuition at the nation’s colleges and universities. He may be right. According to the National Center for Public Policy and Higher Education’s “Measuring Up 2008” report, tuition and fees rose 439% nationwide between 1982-2007, while the median family income only increased 147%. Here is the link to the statistical data.

How did NH fare in the study? Check out our state’s report here. Some interesting statistics include:

• Sixty-three percent of college students complete a bachelor’s degree within six years - but this percentage has declined over the decade.
• New Hampshire is a top-performing state in awarding certificates and degrees relative to the number of
students enrolled.

Like every state in the country except California, NH received a failing grade for affordability. However, there are options to help you and your family afford higher education. Call the Center for College Planning at (800)525-2577, ext. 119 to learn more.

Not letting affordability stand in my way,

Rich