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.
When it comes to the topic of attaining a college degree, most will readily agree that it is essential to securing a successful career post-graduation. Whereas some are convinced that a college degree does not guarantee entry into a career in one’s field of study nor does it determine success in one’s career. Others maintain that a higher education is in fact the way to job security and financial success. What comes into question is whether the investment in a college education is truly worth it or not in order to accomplish a student’s goals of success. I think it could be said for most prospective college students that the reason for going to college is to gain the credentials required for most jobs today. What many of those potential students may not realize is the substantial percentage of graduates who do not acquire a
College tuition will be the bane of certain student’s existence in the near future but it was not always this way. For quite a length of time, people did not pay much for their college degrees. However, in today’s day-of-age that is not nearly the case. A large portion of people are realizing that tuition is very unreasonable and want to change it to be more affordable. While researching college tuition I found not only that I was right about tuition being too high, but I also found that it has inflated more than I assumed it had. Since 1975 to now, tuition has increased by roughly four times the original amount at a four year university.
This trend contains the first major problem with the high costs of tuition. The increased spending begs the question, where does the extra money go? Revealing its allocation is central to determining the fairness of the increases. Over the past 30 years according to the publication, Costs up, Results Down in Higher Education, students have a watched tuition rise “more than 220 percent”, yet most of this extra spending is being “allocated on non-instructional activities” (58). Schools are more concerned with providing an appealing and competitive atmosphere than truly fostering education. The most important budget share of institutional spending is the share for actual education as it relates to the students. Shown in figure eight of Donna M. Desrochers and Jane V. Wellman’s report, Trends in College Spending 1999-2009. Where Does the Money Come from? Where Does It Go? What Does It Buy? A Report of the Delta Cost Project, total spending has grown at a much faster rate than spending on education alone (24). This means that a portion of the extra dollars you pay is being allocated for the institution’s private use. Beyond increased spending for non-instructional activities misallocation continues deeper into the share for education related
Not everyone has to have a diploma to prosper. And you would be right; Steve Jobs, Mark Zuckerberg, and Stacey Ferreira are just a few of the many successful people without a college degree. Consider this, the top 1 percent of wage earners in the U.S. earn almost $500,000 per year. The odds of anyone making it to the top are low, even with a college degree, but the odds are better than those with no college education. Of those with college degrees, roughly eight in 1,000 make it into the upper field of income earners. For those without a college degree, the odds drop as low as three out of 1,000. While that may seem unrealistic, on average people with a bachelor’s degree or higher earn about $20,000 more a year than those without a
There are many careers that don’t require a college degree, but those paths aren’t for me. College graduates or even people who have had some college are proven statistically to earn more money than someone who didn’t attend college. In the article,” Why Go to College?” it states,” Because college graduates can expect to earn a salary almost double that of high school graduates, the student is much better off going to college”(71). The author argues that college is beneficial and that you are better off going to college. When you earn double the salary the money compounds over the years and eventually it will be very helpful.
...truth. today’s job market is fiercely competitive. With unemployment at an all time high, it is near impossible for one to find a job with or without a college degree. Hundreds of layoffs and fewer openings can really make it hard on those who have just graduated and are trying to find a career. Just because you have a college education does not guarantee a job, or job security. It just makes you a better candidate.
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.
Since the 1973-74 school year to the 2008-2009 school year, the price of attending a four-year public or private school has roughly tripled after adjusting for inflation according to College Board. (Update). The current price of college tuition leaves students with many problems in order to receive a college degree which most careers today require. Attending college is part of the “American Dream” and the freedoms that this great country offers but when students can not afford the freedoms we offer, then it becomes a problem. Most college students are left with substantial amounts of debt restricting them from further advancing in their careers after they graduate and the average family can not keep up with the rising costs of education and have to resort to finding other ways to get the desperately needed money. College Tuition--tripling in 40 years, leaving students with large amounts of debt, accounting for 3.3% of the total U.S. gdp-- should be lowered.
There are many who believe the higher the tuition the better the education the student will receive. Nemko stated that even though some high school students are able to make it through college, he offered that the benefit for those students would not outweigh the “often six figure cost.” $100,000.00! What exactly are students are paying for? William Deresiewicz, who wrote “The Miseducation of America,” spoke of “institutional competition, expansion, and borrowing” as well as “administrative bloat, the rise of the “party track” and its concomitant amenities.” I believe this may be the bulk of what students are paying for in main stream universities. Colleges should promote what they have to offer based on what students are able to learn during the time spent at college, not based on which colleges have the most available amenities. Charging more for tuition can be beneficial to a college and its board members. However, it does not always seem beneficial to the students attending or family members paying the tuition fees. Nemko argues that “institutions tend to educate students in the cheapest way possible” and goes on to say that colleges offer big and small classes, but that the classes are being taught by teacher’s assistants and not professors. I believe that if a college is going to charge so much for students to attend, its classes should be taught by an actual professor. Deresiewicz emphasizes that “colleges and universities have a lot to answer for.” He states that “if they want to regain their support of the larger society, they need to prove that they are worthy of it.” One way to do this would be for colleges and universities to take all the funds they are putting elsewhere and invest it into the college professors. Professors should know that
First, attending college effects financial awareness. College needs to reduce the cost of their tuition to help students that are struggling financially. The benefit of lowering college tuition fees including the fact that higher education is often a standard job requirement in many fields, but also that lower tuition costs increases the accessibility of education, which in turn creates social mobility that is often beneficial to the economy. Freeman Hrabowski, President of the University of Maryland, Baltimore County read an article by New York Times called “College is for Suckers.” He mentions that the article “echoes an increasingly common refrain that college is too expensive, that students are taking unmanageable debt.” (Hrabowski 259). even though Freeman states that there are college prep
...comes profitable for universities to take advantage of. Universities sole focus should be the education quality, so in the case that more money is given to them instead of students, they will have the funds they need without increasing tuition even more. Their focus should then shift to making sure students graduate and do it on time so that they are not accumulating any large debt. The way to do this is by hiring the best quality professors and developing new teaching methods which is possible if the money is shifted to the right place. Making everything free will never solve the problem and those that think it will need to look back to when America was number one in college graduation rate when tuition was still not free. When the time comes that America has the best college graduation rate again it will be solely because of the success rate of students attending.
Its sad the amount of students not going to collage based on tuition in the United States. Anymore, 47% of junior high and high school student’s parents feel they can't afford college for their kids anymore with the cost of tuition and it still increasing. I feel college tuition is way too high in the United States for most families in today's economy. Over half of the students going into college show some concern with how to pay for college. The amount of college graduate debt is rapidly increasing. Also, the little amount of jobs available because of the high unemployment rate, are having a harder time paying off debt. Even though the students can get loans and financial aid. Although some claim that higher education is still worth it, with higher unemployment rates and tuition is still increasing it makes it harder and harder to pay off.
College is the place where people go to retain the necessary training for a job that requires specific skills, which results in earning a higher pay check. In today’s world, employers are scouting out for individuals with the proper dexterities to fill the shoes for that specific job. Blanche D. Blank, the author of “A Question of Degree," argues that possessing a degree of higher education isn’t the only way to have a very successful life. This statement is highly argumentative, due to the fact that college graduates still out-earn people without degrees. Obtaining a college degree is one of the best things someone can do for themselves, when it comes to looking for a stable job. There is also so much more to college than just receiving a