Cost of high degree education rises in U.S.

The economic downturn in America is expected to hit higher college education and the higher education officials said that the parents should be ready to face a sharp increase in tuition fees of college education.

The president of American Council on Education. reported that the college authorities are reluctant to increase tuition fees but they have little choice. Even private institution may increase fees because donors are reluctant to give donations to colleges as the market performance is low.