Just at a time when a higher education is needed more than ever the reality is that funding for college is falling behind the cost of college. Student loan debt in the United States is now second to only mortgage debt. Students now owe more than a trillion dollars in student loan debt. Here is a link to explain why student debt is so high. Some countries provide free college educations. New York is now poised to be the only state to offer a free public college education.
This trend doesn't seem likely to change as long as our priorities for funding seem to be misdirected.