“College Cost Rise; Public Universities See Biggest Hike- Oct. 18, 2005”. Business, Financial, Personal Financial News- CNNMoney.com. 17 Oct. 2005. Web. 01 Feb. 2011.
The high school senior is bombarded with a myriad of higher education choices upon graduation. Ivy-league schools, public universities, private colleges, as well as community colleges are vying for the students’ enrollment. Anticipation of college life also brings a startling revelation of increased tuition rates for most parents. Historically factors affecting rising tuition rates include supply and demand, excessive strategies, exorbitant spending, and decreased state and government spending. Too often families and/or students are faced with the difficult choice of securing loans to finance an education.
For the past decade, The United States has stressed the importance of college education, to those seeking employment, and better careers. For most people, college is the logical next step in education, as it provides a working knowledge of a desired field and opens the door to many opportunities, but college has become increasingly more expensive as time goes on. Many people feel that college is no longer an option financially. Even with financial aid and scholarships, the cost of a college education can still be very taxing. This is due to massive price increase across the boards, but the main issue on most people’s minds is the debt that will be acquired from higher education.
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.
What to do after graduation? This is a question many high school students ask themselves as they near the end of their senior year. Most students will want to go on to higher education and continue their studies to receive a degree in something they are passionate about. Unfortunately, some of these students don't have enough money or receive enough financial aid to attend the schools they dream of; and most of the ones that do, graduate with a huge debt due caused by student loans. Over recent years, state universities, whether public or private, have been raising their tuition rates and fees.
The traditional education ladder from prekindergarten to college in the United States of America is now changing and there is a new spin on planning one’s future. Danielle Woods, a writer for Today MSNBC, stated that, “A growing number of high school seniors are balking at riding the academic conveyer belt from preschool all the way to the university. They’re burnt out. Or not quite ready. Or they want to explore a few interests before deciding what to study in college” (Woods).
However, if your dream college is 3,000 miles away, there are many options that should be considered that will help pay for tuition, such as scholarships, loans, and working part-time. But even before this step, one must take into account every expense that goes along with that pricey college on the other side of the country; i.e. the application fee, room and board, and even the clothing required in that climate. All of these factors and more were considered when researching my two colleges, Arizona State University and New York University, and I determined that although ASU is the most financially viable, the education and pedigree I would receive attending NYU far outweighed the expensive tuition and other costs. Therefore, NYU, the more expensive school, is my first choice out of the two colleges.
Ehrenberg, Ronald. "Tuition Rising: Why Tuition Cost so Much." Cornell University, n.d. Web. Apr.-May 2014.
Average tuition, fees and room and board in 1964-65 was $13,233 a year; in 2010-2011, it was $31,395, an 137.2 percent increase (Mathews, 2013).” This 101.7 just goes to show you that tuition is way too high and has been substantially increasing over the past fifty decades, but for what reason? Not only is the tuition increase making it harder to pay for school, its also influencing students on their future careers. "To repay their debts, students are anticipating the need for immediate and lucrative employment after college so they choose both “practical” and “well-playing” fields of study, resulting in the decline of majors such as philosophy, history, and English literature." By the increasing prices its making the students choose more ordinary jobs that they know they will land in order to pay off their debt. There are three main reason for the tuition increase, the first being that at public colleges and universities, the story is mostly that states have cut higher education funding, and schools are making up for it with increased tuition.