Student loan debt in 2006 was only over $500 billion. It has reached over $1.5 trillion this year.

The average bachelor degree holder earns nearly $1 million more over the course of their lifetime compared to a high school degree holder.

Low income students make up only 3% of America's most selective colleges.

Most U.S. colleges accept two out of three applicants, so competitive schools like Harvard are not representative of the bulk of US higher educational institutions.