President Barack Obama greatly increased financial assistance for college students since 2008, but the cost of higher education and student debt still climbs and graduation rates have remained flat.
In the 2007-2008 academic year, the average combined tuition and fees for public four-year colleges and universities were $15,530, according to the College Board, a higher education survey group. By the 2015-2016 academic year, that price increased to $19,550.
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