College costs the biggest barrier for most Americans, survey finds

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56% say college is too expensive for them, resulting in declining enrollment.

barrier to both pursuing and obtaining a college degree or postsecondary credential and it's a reason why enrolled students consider dropping out, according to a new survey from Gallup and Lumina Foundation.The study found that while most Americans believe a bachelor's degree is "extremely" or "very" valuable, cost is a major deterrent for many who wish to attain one.

Another 31% of enrolled adults said they considered stopping their coursework within the last three months due to the cost of attendance.The study found that despite the concerns, many people don't know the actual cost of a degree. When told the actual cost of in-state attendance, half of adults who have never enrolled before said they would be "much" or "somewhat" more likely to pursue a bachelor's degree.71% of U.S. adults who have taken out loans for college said they've delayed at least one significant life event because of their student loan debt, including buying a home, purchasing a car or returning to complete their degree or credential.

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