Causes and Effects of Increased University Tuition Cost

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Costs in tuition, as we have seen reflected in our lives (and in our pockets) have increased on a steep scale since the 80s, this phenomenon can be described using this quote, “[…] the average student in 1979 could work 182 hours (a part-time summer job) to pay for a year's tuition. In 2013, it took 991 hours (a full-time job for half the year) to accomplish the same.” Some of the factors that have attributed to this can be summed up as it follows: Maintenance, New Faculties, Technological Improvements, Inflation, Remedial Courses, Boarding, Financial Aid, Loans, Availability of Classes, as well as many other factors. Tuition costs have increased radically from our grandparents’ generation to ours.
Many universities keep buildings that have been constructed since the founding of the university or even before then. This might be good for historical purposes, but not so good when it comes to maintaining it. People could argue with this by stating by saying that as long as it is in use there are no worries. But the thing is even if it’s still in use to this day, it may have issues that have been fixed in newer buildings. By replacing older buildings it can make a difference in the maintenance bill paid by the university with the student’s tuition money. So a way to decrease is to either demolish the buildings or use them at some other form that is paid by the actual university without involving as much as the student’s tuition money.
Another issue to address are the university faculties that are being built to keep the university as a good choice, yes it looks nice with the newly built observatory, but who is paying for that? The students that are already enrolled and will be enrolling due to this new faculty that has being built. B...

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...y incomes are hurting, college will become increasingly unaffordable for the middle class."
Something that can decide the amount of time you have to stay studying would be the “Availability of Classes” which according to Ken Clark, is a limit on class size, which may affect how fast they will finish the university. This causes students to have to take more time, thus they or their parents will have to pay for one more year of room and boarding as well as the increase due to inflation on tuition cost, this could easily come up to around $10,000.
Tuition cost has increased 1,120 percent since 1978 up to 2012, while medical expenses went up by 601 percent and food price by 244 percent over the same period of time, according to Bloomberg. They also get to note that the college prices have increased four times faster than the increase in the consumer price index.

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