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Controversies on rising college tuition
Effects of rising cost of college tuition
Controversies on rising college tuition
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If you are interested in going to college, this may be important information for you to read. College costs steadily increase and it would be beneficial to you to know how to cut college costs and get financial aid. College is important to get a better job and live with a smaller amount of financial struggle. The effects of the steady increase in the cost to go to college will probably draw people away from going to college. With higher costs there may be less people, more stress for people in college, and a possible financial struggle for anyone who pays the higher costs.
There will be a decrease in people with a college education. That said, there will also be a decrease in people with a higher paying job. Education is very important and should be taken advantage of because not everyone has the option to an education.Although college may not be for everyone, they should at least give it a shot to make sure. The more people with a college education, the better.
The cause for a decrease in people with a college education is the rise in college costs and this effects people’s lives drastically financially. Big college costs often drive people away from the college they want to go to or drive people away from college altogether. The big college costs plus the college debt is probably really terrifying to many students. Although college can be scary for some people because of the costs or the classes and the new experience, it would later be for their advantage. Some people only go to college because that is what their parents want, but they should be going because they want to go and they want to learn and want to get a higher paying job in the future.
With less people going to college, there will be less money going to the colleges...
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As McArdle points out, the cost for a college education has gone up over the years, leaving students in debt. I agree with this statement, because a college education was more affordable years ago and now it has doubled it’s cost. According to the article, McArdle states “The average price of all goods and services has risen about 50 percent. But the price of a college
Johnstone, Bruce. "Investing more equitably and efficiently in higher education, creating value for America." National Dialogue on Student Financial Aid (2003): 6-10. Print.
Jaschik, Scott. "Study Documents Impact of 'quality of Life ' Rankings of Colleges." Inside Higher Ed. Inside Higher Ed, 16 Jan. 2014. Web. 12 Oct. 2016. .
College is one of the most fundamental institutions in our modern world. It is a place where most of our future politicians, doctors, scientists, and leaders are made. Though, it seems that the price tag that comes with a college education is something that is too hefty for some students. Countless debates go on about whether the price of college should be abolished or whether the cost still is on the students to pay for.
Schemo, Diana Jean. (2003). The Presidents Budget Proposal: Education. New York Times Online. Retrieved March 10, 2003 from
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
Ask any college student to state one of their largest expenses and it would be safe to bet the response would be “Textbook prices!” The cost of purchasing required materials for courses has reached numbers high enough to cause many students to take out second loans. Information released this year by the American Enterprise Institute shows that “College textbook prices have increased faster than tuition, health care costs and housing prices, all of which have risen faster than inflation” (Kingkade, 2013). This information equates to an 812% increase in the cost of college textbooks over what they were just over thirty years ago (Kingkade, 2013). The figure here shows an unusually large increase that has far outpaced that of average inflation. Combine this information with the equally troubling information released by Bloomberg stating “college tuition and fees have increased 1,120 percent since records began in 1978” and a serious financial problem for students emerges(Huffington Post, 2012). One thing should be clear given these statistics: something must be done to help lessen the financial burden being placed on today’s students. Considering the implications of these two figures, the University of Delaware should attempt to remedy the increasing cost of textbooks as soon as possible before they overwhelm students any more than they already have. In order to help reduce these runaway costs, this institution should pursue a policy similar to those high schools and elementary schools practice, namely a sort of loan program.
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Education comes at a high price for this generation and not just financially. Going to college can give students plenty of debt with no promise of a job in return, which can set a student father back on their course of life. Young adults trying to start their lives by going to college encounter many setbacks. Today the average cost for a private university is $25...
There are so many students who would extremely grateful to attend any four year institution but can’t because of the lack of funds. College life can be very stressful, and the process can is very frustrating to most students the first two years. When the cost of college tuition is compared to the 21 century financial economy the cost does not make sense, because for a middle-class family it is impossible to afford sending their child to any four-year institution. It hard for students to graduate with the stress to pay-off hundreds and thousands of dollars in loans. Going to college is stressful enough without the need to worry about how we’re going to pay for it and what other costs will continue to rise with getting a degree afterwards. With the current increase of unemployment rate and the thought of going to college seems like a farfetched goal. Many people choice not to attend a four year institution, because they did receive a scholarship or enough government funding. Having a college background is very important for professional growth, it will eventually limit career opportunities. My stand point is, you may not leave college doing the same thing you began with but the life experience is endless. College experience not only gives knowledge that builds you into a better person by giving a broader erosion. With the cost of tuition increasing will hurt our generation, by causing physical and mental stress but in the end it will all pay off. Not all colleges are for the blame; some of the blame is our economy and other factors play a big roll. As students we need to be aware of all our resources offered, such as Pell Grants, and government scholarships. For example, the some states will pay for a student’s college if they graduate high school with a GPA of 3.5 or higher. There are many states that are willing to pay for all or some of college tuition only if students are willing to use
"College costs and the CPI." Arkansas Business 9 Sept. 2013: 7. General OneFile. Web. 7 Nov. 2013.
Merkein, M. B. (2013, October 23). Colleges see a slowdown in tuition price increases. Retrieved January 30, 2014, from http://www.usatoday.com/story/news/nation/2013/10/23/college-tuitions-rising-more-slowly/3151897/
As colleges’ funds dry up, colleges must turn to the public to further support higher education. By raising state taxes, colleges can collect funds to help improve the school’s budgets. The state provides funds from the taxes for colleges to receive a certain amount for each student currently enrolled. All community and traditional four year colleges collect these funds in order to maintain the school’s budget. As reporter, Eric Kelderman states, “less than a third of colleges’ budget is based from state taxes”. The school’s budget is how colleges are able to provide academic support programs, an affordable intuition, and hire more counselors. Colleges must now depend on state taxes more than ever for public colleges. Without collecting more funds from state taxes, as author, Scott Carlson explains how Mr. Poshard explains to senators “our public universities are moving quickly toward becoming private universities…affordable only to those who have the economic wherewithal to them” (qtd. in.) Public colleges must be affordable to anyone who wishes to attend. If colleges lack to provide this to students, it can affect dropouts, a student’s ability focus, and cause stress. The problem of lack of funding is that colleges have insufficient funds. Therefore, the best possible solution for the problem of lack of funding would be increasing and collecting more funds from state taxes.
Sandra, Block. "Calculating net college cost isn't simple." USA Today n.d.: Academic Search Complete. Web. 25 Feb. 2014.
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