The expenses of higher education are climbing faster than inflation. The College Board estimates the cost of college has grown by 9.8 percent in public four-year colleges and universities. A child born today can expect to pay more than $ 144,000 in a public college and $ 297,000 in a private school education. The cost of college is growing rapidly and many people are not able to pay cash out of pocket, in order to be able to pay the tuition bills. For millions of people, the biggest challenge is - lack of funds, which is why today; more than nine million people in the United States depend on Pell grants. More Here..