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Increasing tuition costs
The real reason for the rising college tuition
Increasing tuition costs
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College Education College education is a highly talked about subject among the presidents. For many years college education was not highly sought after or looked for, then when people who did go to college started getting better paying jobs than everyone else more and more people started to go to college. Since college is such a hot commodity these days the price of a college education is on a steady rise. Some experts have a very strong opinion as to why college education is on a rise and some believe that that it is not on the rise. To begin to understand this issue, we have to first examine the history and the context from which it arose. The rise of tuition is mainly due in part because the colleges need more money to upgrade and stay on top of the technology era. There are also many other reasons why tuition is on the rise though. One writer states that, “As almost every state reels from the effects of recession and tax cuts, legislatures slash funding for higher education, the largest discretionary item in most state budgets.” (Reed Jr., p.25). Another writer states, “A need to improve facilities, state budgets that are declining and inflation are all contributing to the rising cost of higher education, and there appears to be no end in sight.” (Gallagher, The Augusta Chronicle). This same writer gives another reason, “Universities, private and public, have to raise tuition to cover the costs of new construction, renovations and technological advancements and to keep qualified professors.” (The Augusta Chronicle). All of these statements show that there are many reasons why college tuition is on the rise, but they don’t seem to make sense to me. There should be other ways that colleges are able to pay for these advances in technology and inflation besides just hiking up the tuition cost. The tuition cost is so high that they have plenty of money to pay for all of the technological advances that they want and still have money left over for others things that the school has to be able to pay for from the tuition from students. In one presidential debate between Sen. John Kerry and President Bush, “Sen. John Kerry accused President Bush of under funding aid programs, while Bush touted college access as one of the top priorities of his economic plan.” Both of the c... ... middle of paper ... ...deal with the tuition increase is to start saving money for college early in life and hope that it doesn’t get to high before you get there, especially since college education is so highly sought after and held in such high regard. If parents and children will just sit down and figure out a plan on how to pay for college before they are a junior or senior in high school then there should be no problem in paying for it. Works Cited 1) Reed Jr., Adolph L. Majoring in Debt. Progressive; Jan 2004, Vol. 68 Issue 1, p 25, 3p, 2bw. 2) Gallagher, James. College Costs Continue to Rise Sharply. The (GA) Augusta Chronicle; 5/30/2004. 3) USA Today. Learn about ways to pay college tuition. Sep. 14, 2004. 4) Hempel, Jessi. College Tuition? Gumption Won’t Cover It. Business Week, 5/31/2004, Issue 3885. 5) http://studentloan.citibank.com/slcsite/slcframeset.htm. Citicorp. Oct. 26, 2004. 6) The Washington Post. Textbook Prices On the Rise. Sep. 18, 2004. 7) Stern, Linda. Congrats!—Now Pay Up. Newsweek, 4/12/2004, Vol. 143, Issue 15. 8) Ewers, Justin and Kingsbury, Alex. Opening the College Gates. 9) Bodnar, Janet. Who pays for COLLEGE? 10) Meyer, Michelle M. Tuition fees don’t tell whole truth.
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
As Bernie Sanders, a presidential candidate for the 2016 presidential elections, claims he can make college free, the subject of tuition for secondary schooling has become a “hot” topic. The New York Times, on January 20th, released a “Room for Debate” titled “Should College be Free?” where many journalists such as Andrew P. Kelly and Sara Goldrick-Rab voiced their opinions on college tuition. “Just one-third of students from the bottom income quartile, who started at a community college in 2003 finished with a degree or certificate by 2009,” wrote Kelly, showing that the poorer find it hard to finish college with a degree. He believed that indigent students would likely not graduate with a degree due to college cost and because they are not motivated enough to get through six years of college. Although it is unpractical to create an educational system where college is absolutely free, creating organizations dedicated to encouraging the needy to get through
If college tuition continues to increase the percentage of students going to college after high school will just continue to decrease until only the rich are able to attend college after graduating. This is not fair because America was built on the idea that everyone should have equal opportunity, but it is hard for those who simply cannot afford the extra cost of boosted tuition.
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.
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
College tuition is a hot topic these days. For a long time, people did not pay much attention to tuition. Today, things are changing. More and more, people are realizing how high tuition has gotten and now they want that to change. In the following essay, I have tried to tackle a very difficult topic. The problem with this topic was that, during research, I found that almost all of the information regarding it was attack after attack on the college administrations. I found no writings by college administrators even attempting to defend themselves. I discovered the awful truth about how much college tuition had gotten out of control over the years.
“New Data Confirm Troubling Student Loan Default Problems.” Project on Student Debt: Home. N.p., n.d. Web. 29 Oct. 2013. .
From conducting this survey, I learned that many students,whether they attend a public or a private school are unsatisfied with the rising tuition prices. The findings support my hypothesis. The next step in this research would to ask more college students about their thoughts and opinions about rising tuition prices. I would ask more students from different types of college and students taking on different types of degree. An implication this research could have for other research is that rising tuition prices are hurting students financially.
If the problem of increasing tuition subsides, both students and our society will be at an advantage. Today’s youth are the future business leaders of our civilization, and it is unquestionably important that they are well equipped with knowledge in order to succeed and to keep a well-balanced society. We need a country with better critical thinking skills. To ensure that, students must have a higher education than what is given in high school. Secondly, society will benefit, as a result of lowering tuition, since students will need smaller amounts of loans, which will lower debt as a
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
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.
College. It is the seven-letter word that almost every child will hear thousands of times while they are growing up. They constantly are bombarded by the idea that they must go to college if they want to be successful. However, what if this is a false statement. What if college isn’t as great as everyone makes it out to seem. Well, these days some people believe that young people are better off, not going to college. Over the years the economy around the world has changed. It has prospered, and it has fallen. As the economy went downhill the government began cutting funds in areas that they felt were necessary to exterminate. One of the largest areas of funding that was cut was education. Colleges began receiving less money from the government, resulting in a rapid increase of college tuition fees. Due to this, a lot of people believe that college tuition is too expensive for what you get, and not worth the money. However, most people believe that college is necessary in order to further their education, and in order for them to earn their degree. They think that this degree has the ability to help college graduates get a job and work up to a career that only someone with a college level degree is able to achieve. The truth lies in the facts, and statistics. College is the seven-letter word that all people should be thinking about. A college education is a valuable investment that everyone should strive to achieve, and is completely worth the expensive cost.
Even though there's no exact answer to what it costs to go to college today, it is possible to make a good guess. Figure out what kind of school you want to attend and find out how much it costs to attend. From there, tack on an estimated percentage increase — five percent per year is a good guess(Texas Guaranteed Student Loan Corporation, 2014). According to Merkein(2013) the average sticker prices at the nation's four-year public universities rose 2.9% this year, the smallest annual increase in more than three decades, suggesting that the steeper increases over the past few years "did not signal a new era of accelerating prices," says a report out Wednesday(Merkein , 2013). “A college education is one of the best investments that students and families can make,” Coleman (Hechinger, 2013). Yet ...
The first reason why one may say that college tuition isn’t too much is because they aren’t paying for it. There are students who are attending colleges and institution on scholarships and grants. They don’t have to worry about the costs because the government has given them free money to go to school because of their academics, athletic abilities, or any other ability one may possess. The second reason why one may say that college tuition isn’t too much is because they went to college years ago when the costs of everything regarding school was cheap. As it was stated earlier, college tuition is increasing every year. When these people were in school tuition wasn’t really much of concern. In California as of 2015, the tuition cost for attending a California State University is over $6,000 and over $13,000 for the University of California school systems (Henshaw). 10-20 years ago college students didn’t have to worry about the high costs and it was more affordable to go to school. The final reason why someone may say that college tuition isn’t too much is because they didn’t choose to go to school at all. If you didn’t go to college you wouldn’t have to worry about school
If tuition suddenly went up that would be horrible because my life would change in so many different ways. First, it would take me way longer to graduate because I couldn't afford to take as many classes as I need to take for me to graduate in four years. I don't take the number of classes to graduate in four years now so if I compare that to the tuition cost going up imagine how long and how stressful it would be trying to make it through all those years. Second I would have to probably be in debt for a long time because I would have to get a couple loans. I would have to get loans because I don't believe I would have enough money to pay for every semester plus paying for books. I wish I got financial aid but I don't so if someone has financial