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Stabilizing the Increasing Tuition Rates for Nebraska’s Colleges and Universities
Since the economic downturn of the country’s recession, post high school education has been affected by rising inflation rates and the need to scrape up more money than what other-wise would be necessary. In 2013 a number of states have seen a great improvement. However it can’t be left out that the standards of education and funding for schools have greatly decreased causing students to not be as primed for what lies ahead. The University of Nebraska System, along with Nebraska State and Community colleges should stabilize its tuition rates so more students can have the opportunity to attend college and graduate successfully.
Problem Statement
The State and Local government has a thriving economy unlike other states. The tuition rate, especially for out- of- state students and room and board expenses are higher than a number of other states with a more inferior economy. As Nebraska’s development and economic centers have grown faster than the national average, our higher education opportunities for students to attend because of financial difficulties have not been regarded as high of an importance. The problem with the financial situation for students is the ones that want to attend and graduate in four years are often burdened with the high prices and forced to find a cheaper institution that may not fit to their original standards. In the past ten years students have had to work more hours to be able to cover their student loans and bills. From 2002 until 2013 Nebraska students graduating college has slightly risen. According to the United States Education grade report k-12, Nebraska ranks very low in readiness of midd...
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... The Chronicle for Higher Education. 2008. Web 22 Sept. 2013
Kanter, Martha. “Making College Affordable for Every American”. DE blog. Sept. 2013. Web. 22 Sept. 2013
Kanter, Martha.“Steps Forward to Improving Quality and Strengthening Accreditation.” DE blog. Sept. 2013. Web. 25 Sept. 2013
Kiley,Kevin. “Lets make a deal.” Inside higher ED. Oct. 2012. Web. 22 Sept. 2013
O’Connor, Kevin. Find the Best/Find the Data. Department of Education, 2013. Web. 2 October 2013.
The University of Illinois. University of Illinois tuition plan, 2004-2012. Web. 20 Sept. 2013.
Virginia. State Council for Higher Education in Virginia. 2013-14 Tuition and Fees at Virginia’s State-Supported Colleges and Universities, SCHEV, July 2013. Web. 4 October 2013
Since the 1980’s the cost of attending colleges have increased rapidly. Rising costs of for Medicare, highways and prisons have caused many states to reduce a percentage of their budget for higher education. Colleges and Universities currently face a very serious challenge:
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...
Education comes at a high price for this generation and not just financially. Going to college can give students plenty of debt with no promise of a job in return, which can set a student father back on their course of life. Young adults trying to start their lives by going to college encounter many setbacks. Today the average cost for a private university is $25...
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
As the high school chapter is coming to a close, many students have to make a decision that will affect the rest of their lives. Hopefully, for many that decision is to enroll in a college and attain a higher education. However, as tuition costs rise, students have to take a second look at their options for a better future. A community college is that second look for many because it is the less expensive option. From 2007-2009, enrollment for community colleges has increased by 24 percent (“College costs and the CPI”). Students aren’t choosing a college for educational purposes because they are overwhelmed by financial issues. They are attending community colleges so they will be able to graduate with a lower debt. Some seniors have wanted to attend a certain university all their life and they work toward that goal through grade school; however, they are hindered by soaring tuition for that college. Students should be able to attend a private university if they mee...
When the time comes to talk about college, a large number of questions arise. Although many come forward, the first question is if college is even affordable. The main problem families’ face is the difficulty to pay for college, especially with the current economy’s condition. Patrick Callan, president of the National Center for Public Policy and Higher Education, states “Given the financial hardship of the country, it’s simply astonishing that colleges and universities would have this kind of increases” (Lewin). What if a young adult has a dream to attend a certain university in a different state? Residency regulations cause the cost of out-of-state schools to raise tuition to almost three times the cost of in-state; however, this alters many students’ decisions on where to attend college. While personally experiencing this problem, I was forced to go to an in-state school instead of following my dream and attending Auburn University. ...
Lemann, Nicholas; How can we cut the costs of a college degree? Higher ed, not Club Med; US News & World Report, v121 (Dec. 30 '96-Jan. 6 '97), 1996, pp. 44-50
Lowe, Erik. “Keep Washington’s Tuition Affordable.” The Seattle Times. 23 Jan. 2009. Web. 6 Mar. 2014.
Hood, John. "How to Hold Down College Tuition Costs." Consumers' Research Magazine. October 1993: 10-15.
Steve Cohen shows the disparity between the rising cost of college and a family’s capability to afford it. Cohen explains “Tuition has risen almost 1,200 percent in the last 35 years, and the sticker price for many four-year private colleges and out-of-state public universities exceeds $250,000.” Moreover, he goes on to say that even at public universities, it is about $80,000 for four years for tuition and other college related expenses. Later in his article, Cohen explains how this leaves middle-class families in a very uncomfortable situation. The parents or other money-making entities in the household want their student to go to college and earn a degree, but now there can be an element of stress in figuring out how the fees will be paid for. Furth...
Ask any college student to state one of their largest expenses and it would be safe to bet the response would be “Textbook prices!” The cost of purchasing required materials for courses has reached numbers high enough to cause many students to take out second loans. Information released this year by the American Enterprise Institute shows that “College textbook prices have increased faster than tuition, health care costs and housing prices, all of which have risen faster than inflation” (Kingkade, 2013). This information equates to an 812% increase in the cost of college textbooks over what they were just over thirty years ago (Kingkade, 2013). The figure here shows an unusually large increase that has far outpaced that of average inflation. Combine this information with the equally troubling information released by Bloomberg stating “college tuition and fees have increased 1,120 percent since records began in 1978” and a serious financial problem for students emerges(Huffington Post, 2012). One thing should be clear given these statistics: something must be done to help lessen the financial burden being placed on today’s students. Considering the implications of these two figures, the University of Delaware should attempt to remedy the increasing cost of textbooks as soon as possible before they overwhelm students any more than they already have. In order to help reduce these runaway costs, this institution should pursue a policy similar to those high schools and elementary schools practice, namely a sort of loan program.
The reality is that the rise in college tuition is no longer affordable for the average American household. Parents cannot afford to pay for their children’s tuitions on their incomes and students are very often forced to enroll part time in order to have the time to get a job to pay for college. This very often causes a decrease in these students GPA and consequently increases the number of dropouts in the long run. Other times, it will take these students double the time to complete their degrees. Students are faced to deal with these problems when deciding whether continuing their education is the right choice.
Increasing college costs has proven to be a major issue for those who pursue higher learning. With institutions raising tuition and fees, students are forced to make life-altering sacrifices to repay soaring student loans. We have come to a pivotal place in history, where individuals have no choice but to minimize or delay important life decision’s such as moving home with their parents to save money, becoming home owners, retirement saving and forfeiting higher education. The impact of increasing college costs has become so severe that it is at the forefront of politicians, political agenda, inducing conversation and policies like the revised income-driven repayment program. The program proposed to help combat the effects of massive student loans.
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.
Tuition usually increases once a year, for the main purpose that schools go over their budget and they have to make up that money in some way. The schools are using that extra money to make that school a better place so that existing students and new students think its worth spending their money on, going there for a higher education. There are good and bad things about tuition increases, but the big thing to think about is, are these increases going to help the students? Yes, they are, the schools are increasing tuition so that the students can get there higher education, and feel that they are getting it at a great place. Schools want to help their students get the best higher education they can, but to do that, they have to raise tuition so they can afford to help their students.