As colleges’ funds dry up, colleges must turn to the public to further support higher education. By raising state taxes, colleges can collect funds to help improve the school’s budgets. The state provides funds from the taxes for colleges to receive a certain amount for each student currently enrolled. All community and traditional four year colleges collect these funds in order to maintain the school’s budget. As reporter, Eric Kelderman states, “less than a third of colleges’ budget is based from state taxes”. The school’s budget is how colleges are able to provide academic support programs, an affordable intuition, and hire more counselors. Colleges must now depend on state taxes more than ever for public colleges. Without collecting more funds from state taxes, as author, Scott Carlson explains how Mr. Poshard explains to senators “our public universities are moving quickly toward becoming private universities…affordable only to those who have the economic wherewithal to them” (qtd. in.) Public colleges must be affordable to anyone who wishes to attend. If colleges lack to provide this to students, it can affect dropouts, a student’s ability focus, and cause stress. The problem of lack of funding is that colleges have insufficient funds. Therefore, the best possible solution for the problem of lack of funding would be increasing and collecting more funds from state taxes.
College tuition will be the bane of certain student’s existence in the near future but it was not always this way. For quite a length of time, people did not pay much for their college degrees. However, in today’s day-of-age that is not nearly the case. A large portion of people are realizing that tuition is very unreasonable and want to change it to be more affordable. While researching college tuition I found not only that I was right about tuition being too high, but I also found that it has inflated more than I assumed it had. Since 1975 to now, tuition has increased by roughly four times the original amount at a four year university.
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
Fighting the cost of college tuition is a hot topic these days. As long as I can remember, tuition has always been a reason why most people don 't pursue their bachelor’s or even associate degree. Today 's society has changed students are fighting for grants, financial aid, and even loans to pay through school. In order to be financially comfortable in the 15th century a college education is a must. It is an everyday battle getting financial support from a college’s administration. Colleges need to be more affordable, obtaining funds less stressful, and colleges must enact policies that condone these principles.
David Wood once said, “College is the best time of your life. When else are your parents going to spend several thousand dollars a year just for you to go to a strange town and get drunk every night?” The costs of college are escalating at an all time high, which is why Richard Vedder went out and looked for a reason as to why this is and what, if any, solutions to this ongoing problem could be. Vedder talks about four main reasons why tuition continues to rise: third party providers and the amount of funding and spending that goes on, there is no market discipline when it comes to universities, price competition, and also government regulation. However, in order to combat these rising prices, Vedder came up with a number of solutions that could be used to control the cost of tuition, despite some problems with these ideas, his idea of using a voucher system is the best solution that he presents.
However people don 't often acknowledge where the tuition money is going and how the moneys being spent? In “College Tuition: Where Does the Money go?” David Harriman gives an understanding of how tuition money is being spent. Harriman states that most of the college tuition is spent employing faculty members. The majority of the money being spent on employing faculty isn 't much of a surprise because there are thousands of students and they need enough faculties to support students. Harriman shows that tuition money helps to pay for many things in college like labs, auxiliary enterprises, operation and maintenance, student services, and scholarships and grants. Harriman shows that tuition money helps to pay for many things in college. Although the tuition is need for all these things it brings up the question of why tuition costs are rising each year? Harriman accredits the growth of tuition to state funding decreasing causing colleges to raise tuition. He also accredits that college has become a business that wants to draw students in. Harriman doesn 't keep in mind that college becoming a business isn 't exactly all positive in ways. Encourage students to come to a specific college may provide that college with the money the need ,however changing education to encourage students that college is right may cause college to lose the integrity of
In this century, there are many young adults who are highly motivated due to the countless job opportunities out there, so many of them would like a higher education. Even though many people think higher college tuition rates are better for the school by helping it remain economically stable and the school is better in general such as it having nicer classrooms and equipment, this is resulting in many students who deserve to be in that school but cannot financially afford it not able to come in. This has a majority of the wealthier high school graduates already having an upper hand to the less wealthy high school graduates regardless of their standardized testing scores or gpa. Colleges lowering their tuition would result in them seeing more kids attend their schools. By colleges lowering their tuition, they are basically giving all students an equal chance of being able to attend their college. This has a big effect on society because it will later on affect the economy due to many people not going into high paying jobs. College tuition rates going up is resulting in many students not attending college.
This a very weak reason to be considered because the Digest of Education Statistics mentions that, “For the 2013–14 academic year, annual current dollar prices for undergraduate tuition, fees, room, and board were estimated to be $15,640 at public institutions, $40,614 at private nonprofit institutions, and $23,135 at private for-profit institutions. Between 2003–04 and 2013–14, prices for undergraduate tuition, fees, room, and board at public institutions rose 34 percent, and prices at private nonprofit institutions rose 25 percent, after adjustment for inflation. The price for undergraduate tuition, fees, room, and board at private for-profit institutions decreased 16 percent between 2003–04 and 2013–14, after adjustment for inflation” (Tuition costs of colleges and universities). The data provided indicates that college education is really affordable and becomes cheaper if a person is eligible for grants and scholarships provided by the colleges, States and the federal government at large. There are so many grants, the most common throughout all colleges being Pell Grant, which lower the cost of a college
To begin to understand this issue, we have to first examine the history and the context from which it arose. The rise of tuition is mainly due in part because the colleges need more money to upgrade and stay on top of the technology era. There are also many other reasons why tuition is on the rise though. One writer states that, “As almost every state reels from the effects of recession and tax cuts, legislatures slash funding for higher education, the largest discretionary item in most state budgets.” (Reed Jr., p.25). Another writer states, “A need to improve facilities, state budgets that are declining and inflation are all contributing to the rising cost of higher education, and there appears to be no end in sight.” (Gallagher, The Augusta Chronicle). This same writer gives another reason, “Universities, private and public, have to raise tuition to cover the costs of new construction, renovations and technological advancements and to keep qualified professors.” (The Augusta Chronicle). All of these statements show that there are many reasons why college tuition is on the rise, but they don’t seem to make sense to me. There should be other ways that colleges are able to pay for these advances in technology and inflation besides just hiking up the tuition cost. 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.
If you add that up with the tuition it would be $18,943 and for some have no choice but to live on campus because they don’t live close to it and don’t have transportation to get their everyday day so it leads them to pay that extra fee by living there and putting them in more debt. Then there are the books you need for the classes which is $1,146 on average a year for a student. Then all the extra stuff you need like food, gas, clothes etc. it keeps adding up. That is the problem every other year since 2000 college tuition has been rising and still is, in 2004 it was $4,805 since then it nearly doubled in cost. The price causes students to be in debt and usually for more students not to attend college due to it. Overall U.S. debt for college students is 1.2 trillion dollars and that’s insane and since 2004 it has been going up constantly and is not stopping anytime soon. Seventy percent of students graduate with college debt to pay back. Even with financial aid it still isn’t enough for families to send their kids off to college and sometimes it doesn’t go to the neediest kids instead going to the rich. A lot of college students have full-time or part-time jobs just to pay for extra needed stuff like books, food, gas, and tuition. Having a job because they have no other option or money to pay for stuff which takes away valuable time from their studies to
Although the value of $50,000 or more charged by private schools and elite universities have deserved the headlines of the media, the strongest increases were in public schools serving about three quarters of all undergraduates with money issues are driving the increases to significantly reduce the funding, leaving students to pay more of the bill. Tuition and fees soared more than doubled at the University of California since
Declining state support, educational race for top rankings, uneven financial aid, or economy downfall: there are reasons all across the board as to why the cost of college tuition is getting out of hand. Envision a senior girl whose heart had been set on her dream college for years. An elite, honorable college where everyone seems to want to go. She has been telling her parents from an early age she was going to one day be a member. While on a visit to the college in late fall of her senior year, she fell in love with the beautiful campus which seemed to spread for miles. The advisers and professors she met with were polite and unquestionably convincing. Her favorite part of the visit was seeing how happy all of the current students seemed to look with their college decision. Overall, she believed she had found her home for the next four years. She went home excited to tell her parents the good news. This is where the excitement soon ended. 35,000 dollars a year was the outrageous sticker price for her dream college. Her parents said there was no way possible they could ever afford to send her. Tears started flooding down her face; her dreams were crushed. Now what was she going to do? Where was she going to go? Although this story has been made up, similar situations like these are arising more and more often. College tuition has reached an all time high; with the economy in its current standings, there needs to be solutions so every young adult has an equal opportunity to go to college.
The first reason why one may say that college tuition isn’t too much is because they aren’t paying for it. There are students who are attending colleges and institution on scholarships and grants. They don’t have to worry about the costs because the government has given them free money to go to school because of their academics, athletic abilities, or any other ability one may possess. The second reason why one may say that college tuition isn’t too much is because they went to college years ago when the costs of everything regarding school was cheap. As it was stated earlier, college tuition is increasing every year. When these people were in school tuition wasn’t really much of concern. In California as of 2015, the tuition cost for attending a California State University is over $6,000 and over $13,000 for the University of California school systems (Henshaw). 10-20 years ago college students didn’t have to worry about the high costs and it was more affordable to go to school. The final reason why someone may say that college tuition isn’t too much is because they didn’t choose to go to school at all. If you didn’t go to college you wouldn’t have to worry about school
One cause of increased tuition is the reduction of state and federal appropriations to state colleges, causing the institutions to shift the cost over to students in the form of higher tuition. State support for public colleges and universities has fallen by about 26% per full time student since the early 1990s. In 2011 American public universities took in more revenue from tuition than state funding. About 80% of American college students attend public institutions. In a financial bubble, assets like houses are sometimes purchased with a view to reselling at a higher price, and this...
Higher education costs have been increasing at a rapid pace, faster than inflation for the economy as a whole, for the past fifty years. It started in the 1960’s when the federal government passed the Higher Education Act to increase the amount of people able to afford and attend college. Regardless of the Unites States Government efforts to increase the affordability of college, federal aid programs have not risen to expectations due to the ever-increasing college prices. To lower the price of college, the government needs to cut back on student financial spending to go only to the lowest income families and create tax incentives for families to start saving up on their own.