Five Percent Increase In Tuition

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Recommended: the effects of rising tuition

As a student and a parent I am very concern about the five percent increase in tuition at our local college. According to Barr, M., & McClellan, G. (2011, pg. 13), “although costs in all sectors of goods and services have risen, only a careful examination of the way business is done in the institution will mitigate rising cost from having an adverse influence on the budget.” I will like to know why the tuition has being increased? Is this increase necessary? Can I afford additional 5 percent increase in tuition not just currently but long term as well? After interest how much am I really paying? An increase in tuition is upsetting and never a good thing for those who are paying. Barr, M., & McClellan, G. (2011, pg. 31), stated public institutions

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