The High Price Of College Essay

The High Price Of College Essay

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With the school year coming to the half-way point many students are beginning to think about college and deciding what university is right for them. However, after further examination of colleges the students soon realize the cost of their higher education. The high price of college has students questioning what causes the increase as well as decrease in the cost of college. After further analysis, the universities budget is partly to blame for the increase of college for the reasons that their system isn’t designed to illustrate and inform the public as well as the leaders. In addition to the budgeting is the programs that are offered at the college can also be a factor that may determine whether the tuition cost goes up likewise it can go down. Both of these causes have created more issues than actually solving the problem.
Furthermore, the universities budgeting should be able to display all the information about their profit and their losses, productivity, and the efficiency of their activities. The matter of the fact is that the budget does the opposite and as a result instead obscures the many sources of revenue such as financial aid, state funding, and expenses.(Capaldi). If the universities lack a well-informed budget, how can an institutional manager make wise decisions? To put it another way universities can’t accurately make a decision based on data that doesn’t connect performance with cost. In order for universities to be able to make more appropriate decisions, there should be a direct connection of performance related to the information from the financial reports. Although a university’s budget isn’t like a business budget that reflects the profit instead the college’s budget reflects the income and expenses. Howev...


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... success in the NCAA men’s basketball tournament. Afterwards, the college saw an increase in student applicants. Athletics and the success they bring gives colleges the opportunity to maximize profits thus resulting in tuition increases.
All in all tuition hasn’t increased over the stability of our economy. The actual reasons for this tuition increase is a result of poor budget management that doesn’t display information clearly thus creating a domino effect of one problem leading to another. Not to mention the amount of classes offered at each college can be a factor in increasing college tuition. Finally the athletic success that is made by the college has a large effect on the college especially with sports being a big source of revenue. Given these points tuition is being influenced by these three causes creating an increase in the price of higher education.


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The High Price Of College Essay

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