In recent decades, the crisis of college affordability has emerged as one of the defining challenges of our era. The rising costs of higher education have become a pressing issue for students, families, and policymakers alike. Since 1978, college tuition and fees have soared by an astonishing 1,120 percent. This increase has occurred at three times the rate of housing prices and four times the increase in hourly wages. As a result, the burden of student debt has grown to staggering heights, surpassing a national total of $1.3 trillion by 2015. This immense debt has crushed the average household under approximately $35,000 in student loans, leading to significant financial strain and hardship for many.

Breaking Point addresses the critical flaws in the structure of higher education that have contributed to the skyrocketing costs of college. It explores the concept of “prestige maximization,” where institutions prioritize their status and reputation over affordable education. Additionally, the book discusses the perpetual “amenities war,” wherein colleges compete to offer lavish facilities and services, further driving up prices. The predatory lending industry also plays a significant role in this crisis, fostering an environment that encourages excessive borrowing and ultimately crippling students financially.

In response to these challenges, author Kevin Connell proposes several bold solutions aimed at redefining the structure, price, and ultimate purpose of higher education in America. These proposals challenge the status quo and encourage both colleges and lenders to rethink their approaches to education financing. By addressing the root causes of rising tuition and student debt, Connell aims to foster a more equitable and sustainable educational landscape for future generations.

Throughout Breaking Point, Connell not only highlights the significant challenges but also offers a vision for a future where higher education is more accessible and affordable for all. His insights urge readers to consider the implications of the current crisis and to join the conversation about reforming higher education in America.