Essay On College Tuition Problem

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The Problem with College Tuition and its Solution Today in America, students graduate from college but struggle to pay off their student debt for years. Other times, smart individuals drop out of college because they cannot afford to pay the rest of their college tuition. In the 1960s and 1970s, tuition was only a small fraction of what it is today, and many were able to afford it with the money they earned over the summer. However, as the years went by, college tuition became expensive and eventually started to rise faster than inflation. Currently, tuition at selective and private colleges and universities has risen annually by two or three percent more than the rate of inflation, which has caused an ongoing controversy within America to…show more content…
Unless changes are made, a great amount of individuals will face a horrific future full of debt and regret.
In the article of “The Reason College Tuition Costs so Much,” Paul F. Campos finds that a large fraction of the increase in tuition can be explained by increases in subsidies. Over the course of the past few decades, administrators have said that the cuts in public funding is the reason why universities raise tuition year after year, which in turn, is the reason why the millennial generation is forced to take on crushing educational debt loads (Campos 1). Yet, contrary to popular belief, public investment in higher education in America is vastly larger today, in inflation-adjusted dollars, than it was during the supposed golden age of public funding in the 1960s. According to Campos, “the military’s budget is about 1.8 times higher
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Interestingly, increased spending has not been going into the pockets of the typical professor. In fact, salaries of full-time faculty members are barely higher than they were in 1970. In such matter, full time faculty members are very rare to come across in a college or university. Today, half of post-secondary faculty members are lower paid part-time employees, meaning that the average salaries of those who teach in American higher education are actually quite a bit lower than they were in 1970. The real major factor driving increasing costs is the increased amount of university

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