Have you ever thought about the inflation of college tuition in the United States? College tuition is the number one topic in every college student's or potential college applicant’s mind. College tuition rates have increased dramatically in the past decade: they increased by 266 percent in just 16 years. If this trend continues, college education will be available only for the few privileged ones because of its high price. Meanwhile, higher education is extremely important as it gives young people new skills and increases their chances of getting well-paying jobs. It goes without saying that college tuition rates should be controlled by federal and state government and partially funded by it because everyone should have the right for higher …show more content…
In fact, smart poor kids are less likely to go to college and graduate than average rich kids. About 40 percent of Americans have stated that they would like but can’t afford to attend college. Nowadays colleges tend to choose more financially privileged applicants who are just mediocre academically instead of less capable financially but smarter ones, which is one of the reasons why scholarships and financial aid options have decreased. Colleges don’t want to ruin their reputation by enrolling way too many low income kids either. This is not fair because higher education should be available for everyone and not only for the privileged few. "Only 7 percent of high-school sophomores from the lowest quartile of socioeconomic status eventually earn a bachelor's degree, compared with 60 percent of those from the highest quartile," according to Associate Professor of Public Policy Susan M. Dynarski and doctoral candidate Judith Scott-Clayton, both at Harvard. (Student aid). Thirty years ago there was a 30 percent gap in college attendance between the low income and high income students, and it didn’t change much since that
Community colleges and vocational tracks are not wrong about the high cost of traditional higher education. According to the U.S. Department of Education’s National Center for Education Statistics, one year at a public, four-year institution costs upwards of $23,000 on average, while private institutions will cost nearly $10,000 more on average. Coupled with the fact that prices at public institutions rose 42 percent and private institutions rose 31 percent between 2001 and 2011, it’s not a shock that parents and students alike worry about paying for college. However, this won’t always be the case, as this rise in prices simply cannot continue the way it has. Eventually, people will be unable to pay the price that colleges charge. They will either settle for com...
As The “Progress of Education Reform” suggests, tuition discounting is major contributor to the rising cost of college in the sense that while it provides a tuition discount to the one particular student receiving the grant or scholarship it places a heavier burden on the majority demographic that attends the university without such discounting. (The Progress of Education Reform” 1). In contrast to popular opinion, scholarships and grants which are normally regarded as blessings are ironically a contributing factor to rising tuition prices. Basically, the universities have to make up for the money they lost by awarding the scholarships so the majority of the student population who did not qualify feel it in their pocketbooks. A final cause of this ludicrous tuition spike is the shift in university budgets to cater to the administration departments of the schools. Jobs in this department are non-teaching jobs that provide student services ranging from student safety to counseling and wellness programs. These jobs are definitely
The price of a four year institution has soared over three hundred percent in the past twenty-five years or so. We would have to factor in general inflation numbers in order to figure out the real significance. After that, we see that in those twenty-five years, tuition has risen at a rate of two to four times that of the national inflation. That has not been the case with college, however, as enrollments only continue to go up. Ultimately this means that families are paying for a luxury they can no longer afford with money they don’t have. Families are looking at an expense that is thirty-eight
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.
The skyrocketing price of college tuition is causing a tremendous concern over whether higher education will be a viable financial concept to the average citizen over the next decades. Some families have opted to explore different means of obtaining a higher education for their children as these costs escalate. There is overwhelming evidence that colleges need to restructure the way they are run because tuition prices are increasing at a rapid rate causing changes in the way students fund their education and in the way the government provides educational subsidies.
The critical challenge within in today’s society is that college tuition should be free or if not free, more affordable for all students. Certainly, higher education should not be considered a luxury where only the wealthy could afford, but an opportunity for all caste systems. It must be an accessible and affordable opportunity for all students in order for them to invest in their education. Higher education is important because it provides more careers to choose from than the careers offered without having a college degree. Ultimately, the issue here is whether it is right to make college tuition more affordable for the students.
Students have every right to be angry about the state of college tuition. In the past 20 years, "tuition increased twice as fast as the overall cost of livin...
As high school students begin to look into getting a higher education, certain factors determine what college they may look into: locations, academic profile, graduation rate, school size, and, to some the most important, the cost of the university. The cost of a university can play one of the biggest deciding factors in furthering one’s education. Many students do not have hundreds of thousands of dollars for college. There are many poor people in this world who want to attend college and earn a degree to support themselves and their family and be able to live a more comfortable life. Everyone should have the opportunity to go to college. Every year, college prices are increasing, causing it to be less affordable. This will discourage people
There is no escaping the fact that the cost of college tuition continues to rise in the United States each year. To make it worse, having a college degree is no longer an option, but a requirement in today’s society. According to data gathered by the College Board, total costs at public four-year institutions rose more rapidly between 2003-04 and 2013-14 than they did during either of the two preceding decades (Collegeboard.com). Students are pressured to continue into higher education but yet, the increasing costs of books and tuition make us think about twice. Sometimes, some of these students have to leave with their education partially finished, leaving them with crushing debts. It is important to find the means to prevent these students that are victimized by skyrocketing tuitions from dropping out, and encourage all incoming high school seniors to continue their education.
Attending college has changed quite a lot throughout the years. When it first arose, it was only accessible to the wealthy, and it was unheard of for everyone else. Only a few decades ago a bachelor degree could almost guarantee a comfortable job, and it was another advantage to any resume. In our current times, many students struggle and are unable to go to college due to the rising price tag that is not showing any signs of slowing down. A college degree is what most employers look for now-a-days, making it more essential than ever before. Unfortunately, it is becoming increasingly difficult to attain one. College tuition and fees should be lowered because 1) student loan debt is crippling for college graduates, 2) lower tuition will increase the accessibility of education, and 3) regulated tuition would lead to a
For at least a century, tuition at selective private colleges and universities has risen annually by two to three percent more than the rate of inflation (Ehrenberg 1). Tuition increases at public colleges have slowed slightly, but the cost is still out of reach for low-income students. Financial aid has dwindled. A select group of colleges and universities are cutting their tuition; (Carapezza, 2013) however, student debts can stick with a person, even after graduation. Due to a university’s cost, a handful of tuition is passed down to the students. With college follows the higher cost of living. Incomes are limited due to low paying jobs. During my first week in college, everything about college was an adventure. From what to expect in college, to the adaptation of the college environment, the college experience seemed nerve wracking at first. However, the lessons from college proved to be beneficial towards my life. At that moment, not only have I learned about the college experience, I’ve also learn about the burdens of college tuition, how it can impact a person’s life, and as well as being a successful college student. Also, college tuition has escalated my worries toward the future. To help pay for higher education, the federal government offers tuition tax credit programs (College Board, n.d). Anyone who can afford to pay for thousands of dollars can usually ignore it. As for everyone else, when every penny counts, questions will be raised about where every penny is going. If tax dollars were to be invested to either the national health care or the military, for one, transferring taxes to health care will ensure the public's health; however, since taxes was invested in health care, there will be fewer doctors towards a m...
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.
With the rapid growth of college tuition, it has become an important issue in higher education. College Tuition is simply defined as the charge or fee for instruction, at a private school or a college or a university. Most people agree today that college tuition is too high or that it needs to be completely dismissed. There are some however, that may disagree with the claim about college tuition and state that college tuition is necessary for college growth, and it’s primary purpose is to pay for college expenses to support the institution financially. Research shows that college tuition is too high and that debt has become a standard in America after attending post-secondary school.
The cost of an education past high school, is becomingly more and more outrageous to afford. In a web report article entitled, College Degrees Requiring More Student Debt, by Equal Justice Works, states “Unsurprisingly, the report shows a rapid increase over t...
College tuition has a bad name to it, and for a good reason. More students and paying parents are feeling defeated attempting to pay off loans that typically hang over a students head for a good amount of years after finishing their education and getting their degrees. While the government has attempted to try chip away at the $1.2 trillion debt that has accumulated for college students around the United States, they are no where near having a permanent solution that lets graduates get on with their life without struggling. There are a spectrum of problems that create this debt, and only a few solutions that match up with these problems.