As members of Gen Z continue to graduate high school and enter adulthood, many elect to forgo traditional college degrees.
That's in part because of the cost of getting a bachelor's degree, they tell CNBC Make It. The annual cost of attending a four-year, in-state public college increased by about 30% between 2011 and 2023, according to Make It calculations based on data from the Education Data Initiative, and went up by 42% at private, nonprofit four-year colleges.