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Increasing tuition costs
Increasing tuition costs
Increasing tuition costs
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Over the past 30 years, the average tuition at a public, four-year college has risen by more than 250 percent, while family income has gone up only 16 percent, according to College Board and U.S. Census data. Meanwhile, states have been cutting back on their higher education budgets, institutions are reducing financial aid packages, and students are going into deeper debt to pay for college, $26,000 on average, according to a White House fact sheet. After several years of increasing college enrollment, the U.S. Census Bureau reported in the fall semester of 2013, that college enrollment nationwide, including undergraduate and graduate schools, declined by nearly half a million students from 2012 (Washington, Salmon, 2014). After receiving
Jon Marcus, an editor for the Hechinger Report, examines how long it will take for a college student to graduate and how it affects the cost of getting a college degree, “The Reason College Cost More than You Think”. Marcus was an online writer for Time in 2014, and he mostly writes about higher education, mostly it is about college. College cost more than a person thinks because of the length that a student will graduate college; courses that a college student takes time and expenses that need to be paid
Martin, Andrew, and Andrew W. Lehren. “A Generation Hounded by the Soaring Cost of College.” The New York Times. 12 May 2012. 31 Aug. 2016
In the article “Are too many People Going to College” by Charles Murray a W. H. Brady Scholar at the American Enterprise Institute, argues that our educational system needs improvement and that too many people are attending college. Some of Charles arguments on why too many people are attending college are obtaining a Bachelor’s Degree gives you a high paying job, college requires classes that are unnecessary, skill/talent may not need a degree and because they do not want to be labeled as dumb or lazy. Charles Murray makes a lot of good arguments on why too many people are going to college and I concur with his arguments.
Is college a commodity or is it not? This question seems to be popping up everywhere. In the article, “College is not a commodity. Stop treating it like one,” Washington Post write Hunter Rawlings gives his opinion on why college is not a commodity. He discusses the factors about the values and actions of the students and their education.
Many people find the higher education a child receives, the higher the amount of money he or she will earn. Others find it is a waste of time and money to go to college after high school because of all the loans they would have to make up for after college. Many people have different point of views regards to the importance of college. In the articles Is College Worth It? and Why College Isn’t for Everyone, Leonhardt and Matthews have different opinions on the importance of college. Leonhardt argues that college is worth it because one who earns a college degree will be financially stable in the end, while Matthews believes that college isn’t for everyone because of the high-cost teenagers and adults will encounter when it comes to tuitions and fees.
When the General Court of the Massachusetts Bay Colony founded the first college in America, Harvard, in 1636, it marked the beginning of college as the backbone to the American Dream (“About Harvard” ). Around the world, America is coveted for the “American Dream” in which someone can go from deep poverty, to unbelievable wealth, all by getting an education which allows a person to obtain any job and reach any economic level. The article “Peter Thiel Thinks You should skip college, and He’ll Even Pay For Your Trouble; The famous disrupted says overpriced universities hold back innovation, and what's to rewrite education to his liking” by Tom Clynes argues people should not attend college because it is a hindrance to innovation, while the article
Tuition and fees has extremely risen over the past years which makes it extremely difficult for both social economic groups to invest in a higher education for their families. Today’s college students borrow and accumulate more debt than previous years (The White House). For instance, “In 2010, graduates that borrowed money graduated with owing an average of more than $26,000”(The White House). As a result, President Obama has expanded federal support to help more families and students to afford higher education (The White House). Also, he believes that it is a shared responsibility of the federal government, states, colleges, and universities for making higher education
Allan and Davis mention the spike of college cost since 1995 has increased by 150 percent; student debt has increased 300 percent since 2003, and with education, second to the mortgage industry in the nation’s debt, America needs to redirect their attention to the future and focus on education (Allan n. pg). Budget cuts from national to state
Steve Cohen shows the disparity between the rising cost of college and a family’s capability to afford it. Cohen explains “Tuition has risen almost 1,200 percent in the last 35 years, and the sticker price for many four-year private colleges and out-of-state public universities exceeds $250,000.” Moreover, he goes on to say that even at public universities, it is about $80,000 for four years for tuition and other college related expenses. Later in his article, Cohen explains how this leaves middle-class families in a very uncomfortable situation. The parents or other money-making entities in the household want their student to go to college and earn a degree, but now there can be an element of stress in figuring out how the fees will be paid for. Furth...
In Charles Murray’s essay entitled “Are Too Many People Going to College?”, he discusses the influx of Americans getting a college education. He addresses the topic of Liberal Arts education, and explains that not many people are ready for the rigorous challenges a liberal-arts degree offers. In addition, Murray explains that instead of a traditional degree more people should apply to technical schools. He believes that college should not be wide spread, and that it is only for those who can handle it. These viewpoints harshly contrast with Sanford J. Ungar’s views. Ungar believes college education should be widespread, because a liberal-arts degree is, in his opinion, a necessity. He argues that a liberal-arts college is the only place that
According to the Bureau of Labor Statistics, college tuition and relevant fees have increased by 893 percent (“College costs and the CPI”). 893 percent is a very daunting percentage considering that it has surpassed the rise in the costs of Medicare, food, and housing. As America is trying to pull out of a recession, many students are looking for higher education so they can attain a gratified job. However, their vision is being stained by the dreadful rise in college costs. College tuition is rising beyond inflation. Such an immense rise in tuition has many serious implications for students; for example, fewer students are attending private colleges, fewer students are staying enrolled in college, and fewer students are working in the fields in which they majored in.
A college education can also allow for students to make more money in the future. According to data compiled by the Economic Policy Institute, college graduates earn on average 56% extra than their high school counterparts. In fact, data shows that an engineering graduate from the University of California, Berkeley, will be over a million dollars better off than someone who graduated only high school. However, the opposing side may say that the price for college is too much. According to data collected by Consumer Reports, around 42 million Americans owed about 1.2 trillion in debt altogether. The average student debt varies from state to state. “Residents in New Hampshire owe the most in student loans with an average of $32,795, while New
A popular debate this past year has been if college is affordable and accessible for people in America. An average college student owes almost 30,000 dollars in student loans just for 4 years of college. This debt that students have raised Obama’s idea of making community college tuition free for 2 years. Obama says this plan would help almost 9 million students save 3,800 dollars of tuition per year. Overall, this plan would help college become more affordable and accessible for people in the middle or lower classes. Of course other people are against the idea of tuition free college. The Northwestern Research Team conducted interviews for about a year on students who completed a two-year college degree. The results showed that in high school
Over the past few decades the cost of tuition has skyrocketed and turned into something that parents and students all across the nation fear to pay every year due to the fact that it is so expensive. “According to the U.S. Department of Education, the average annual tuition, fees and room and board at a public college or university in 1964-65 — the first year for which there’s data — was $6,592, in 2011 dollars. By 2010-2011, that had increased to $13,297 -- a 101.7 percent increase. The increase for private schools was even more dramatic. Average tuition, fees and room and board in 1964-65 was $13,233 a year; in 2010-2011, it was $31,395, an 137.2 percent increase (Mathews, 2013).” This 101.7 just goes to show you that tuition is way too high and has been substantially increasing over the past fifty decades, but for what reason?
Governments have shrunk their support for higher education. This decreasing support of higher education by the state governments is the leading factor that drives the rise in education fees at public colleges and universities. Another very important factor is the rising costs, faculty and administrators demand huge payment that are in turn offset by the students in so doing the college fees increases. Between 2000 and 2010 funds per student at government universities in America reduced by 21 percent. After the recession in 2008 higher education funding reduced by 14.6 percent before (Altinkilic & Hansen, 2000). Recent Bloomberg report shows that college fees have increased by more than 1100 percent over the last 30years, even though everything has gone up, tuition fees has gone at much higher percentage than other things. For instance healthcare costs have gone up by half the tuition fee over the same period of time. Mark Foster the Arkansas director of education said that education is more expensive in the recent years more than ever (Winkler, 2005).