On May 4th, The Wall Street Journal Reports TV Show discussed the increasing cost of college and ways to save for education. Here are some of the highlights from the show.

COLLEGE FEES ARE INCREASING

We all know that prices across the board tend to go up over time, but did you know that the cost of education is averaging an increase of 6% a year? This is clearly above the standard (prior to 2007) 3% inflation rate and most likely above your annual pay increase. This fact clearly supports the trend that students will graduate with plenty of debt – over 20,000 on the average.

WHAT ARE SOME SAMPLE ANNUAL COLLEGE COSTS?

One of our CLEP Test Review team members came across this television spot produced by The Collegeboard! It's rather entertaining...

"Get College Credit for what You've Learned in Life"

It’s important to remember the things you learned, particularly when studying for an equivalency exam like the College Level Examination Program CLEP® Test.

Wired Magazine just came out with an article that describes memory retention in terms of how one forgets, specifically the pattern and rate at which one forgets material they just learned. It’s a study in cognitive psychology that has been known for some time but is just now picking up momentum.