Delta Cost Report

In the article, The Real Reason College Tuition Costs So Much by Paul Campos (2015) explains the motives why college tuition rose so much over the last decades. In the years where baby boomers went to post-secondary education they had summer occupations to be able to afford college, but after a few decades, the funding that was open to the public for institutions were reduced. Consequently, cuts were in-forced, the forms of higher education have been rising year after year. Furthermore, over the last twenty years more people have been going to college, for example, since 1995, the number of scholars that have enrolled in graduate and undergraduate curriculums have amplified by approximately fifty percent. Also, the earnings of professors have

Today college tuition prices are rising. Paying for college can often be a stressful responsibility. A college education is very important for many students, but when stressing on how to pay for college gets in the way, it becomes more of a burden. Kim Clark effectively states the rising prices of college tuition in her article, “The Surprising Causes of Those College Tuition Hikes.” Clark states that the cost of attending a public university, even after subtracting out aid and inflation, rose more than fifteen percent in the last

Over the same period, in state tuition and fees at public four-year institutions increased more than two hundred and twenty percent from $2,175 to $7,030. ( Marcus, J). This suggests that less money is being spent on students education and more is spent on non instructional activities, such as administration and faculty research. Rising government bursary have increased the quantity of education request. This means that the rising cost of a college education is due in large part to the increased financial aid available rather than any general improvement in the value of

more people than ever are attending college. The population has increased by 50 percent since

In the last 30 years the inflation of tuition and other college costs has risen at an astounding rate. If you take a look at Stanford University you will find that their tuition has grown from about $6,000 dollars in 1980 to over $40,000 in 2012. If other products followed those inflation rates common groceries, like milk, would be close to $15. I don’t know about you, but to me that is absolutely ridiculous. This growing problem can most easily be seen in the large universities like the before mentioned Stanford. The problem of rising college costs has been around for a while, but in recent years it has gotten to a point where it is no longer possible to ignore. It is just getting worse and worse with each passing year with the prices going nowhere but up. The problem of the cost of higher education needs to be solved as soon as possible

In a study conducted by the Association of Higher Education Facilities (APPA) over a period from 2003-04 until 2012-13, the average instate tuition at America’s 52 top public Universities has gone up 31%. The new rates are effectively quadruple the tuition 25 years ago, while the average income has only increased 50%. The effect of this disproportionate rise in tuition means Americans must either save longer, or finance a greater portion of their education that in the past. During the same 25 year period, on average need based grants, such as Pell, went from covering approximately 75% of an education to only about 33%. This means that families are paying two and a half times as much for an education today as opposed to 25 years ago (2014, p. 31).

College is increasing its prices exponentially. Of those who do reach college, most are only able to do so by taking loans and amassing enormous amounts of student debt. This often leaves those individuals in poor financial shape for the majority of their adult lives. College prices have increased tenfold from 1978-2008 and textbook prices are now eleven times more expensive than they were in 1977. Many people start their time as an adult paying their large student loans imposed on them by their college. American education is in shambles. Our schools are expensive, overcrowded, and underperforming.

"Between 2002-03 and 2012-13, prices for undergraduate tuition, room, and board at public institutions rose 39 percent" (Digest of Education Statistics, Ch. 3). At private for-profit institutions it decreased 7% within the same years. There has to be a reason for this disparity and for why college prices seem to increase so much faster than inflation. In fact, there's at least three contributing factors. To begin with, college tuition prices follow the natural law of supply and demand (and demand for higher education is way up); moreover, government subsidies for students, which have increased over the years, fuel demand even more, and then, consequently, more money is spent to go towards making campuses more attractive and stay maintained

A number of researches have investigate the myths of rising college cost (Archibald & Feldman, 2012; Baumol, 1995; Bowen, 1980; Douglas & Keeling, 2008; Heller, 2011; Martin, 2011; Mumper & Freeman, 2011). In summary, the major factors that attribute to the rising college cost are: (1) the decline in state financial support for public higher education with the increasing support for other items (Mumper & Freeman, 2011); (2) higher education institutions set their goals to be academic excellence, prestige, and influence. To achieve these goals, they tend to generate revenue source and there is no limit for the money they can generate. So they raise all the money they can and spend all the money they raised. Raising

As more and more high school students realize this, the increased demand and need for college is going to go up. According to the Lumina Foundation for Education, colleges are realizing students and families are willing to go into debt as to increase their post-secondary education income (Dickeson). What about the others who cannot afford to go this route? Individual states play a major roll in the cost of higher education. If anyone has been watching the news lately, they most likely have seen states facing budget problems and shortfalls. With this being said, it now means most of the problem has been shifted onto the shoulders of the parents and aspiring students. Justification for these outrageous costs is being demanded not only by parents, but also by state and federal officials. According to the College Board, “In the past five years, the average cost of in-state tuition and fees at public colleges has jumped 35% -- after adjustment for inflation. . . . In the past 25 years, the average cost of tuition and fees has risen faster than personal income, consumer prices and even health insurance” (Block 1). Tuition prices pose a serious problem, especially for families whose income cannot keep up.

Today earning a college degree is becoming less and less affordable because of the excessive cost of higher education in the United States. According to the website www.usatoday.com the article called "Will tuition ever stop increasing?" Confirms that since the year 1978, college tuition and fees increased by 1,120% percent. The price has sky rocketed to the point where students are taking out massive amounts of student loans. The underlying issues that are boosting tuition in higher education are because of squandering funds and tuition on meaningless activities like sports. The lack of government funding that has led to an increase in student loans and ballooning of the non-academic staffs. These factors are playing a huge role on why our tuition and fees are so high in higher education.

Higher education in the United States was introduced in 1636 when Harvard University first opened its doors. At the time, college was seen as an exclusive institution, typically reserved for the wealthy elite. In the 1600’s, a college degree was not necessary to get a decent job and make a living; therefore, there was little demand. Since then, public opinion and attitudes about higher education have changed significantly. In today’s job market, a college degree is a requirement for a variety of career paths. Employers’ desire to hire highly skilled workers continues to increase year after year. As a result, more people seek to pursue a degree to meet this expectation. Along with the growing demand for higher education, the costs of attending and tuition rise simultaneously. According to the NPR, “a college education seems unaffordable at the worst possible time.” During a period where we see a struggling economy with a high unemployment rates, and instability in wages, college tuition continues to skyrocket. Yet Americans still find ways to pay these unreasonably high rates because of how valued and important a college degree is in today’s job market. So, what underlying causes have impacted the rise in tuition and how far will it continue to inflate until a higher education becomes impossible to achieve financially? Although expansions in university administration, construction, and other amenities contribute to rising

Unfortunately, college tuitions show no sign of digression but rather inflation to coincide with our current economy. An example of this is seen within private institutions, where a valued higher education is given and sought out after by employers, but is only obtained by the few who could afford it. The article “Recent Trends in U.S. Higher Education Costs and Prices: The Role of Government Funding” explains this relationship in the ways that

Many people do not believe that college tuition continues to rise every year. I am going to prove that college cost does rise over the years and it will continue to rise if we do not find a way to stop this problem by using evidence. According to an article “Understanding the Rising Costs of a College Education” by Ken clark, Clark writes about how inflation plays a part in which college cost is high. For example “The inflation of college costs has not been so gentle, averaging 4-6% annually. In other words, a college education costing $10,000 this year will likely increase by $400-600 next year. In a nutshell, this means that college costs are doubling every 12-18 years, compared to everything else in the economy doubling in cost every 32 years”(the balance). As clark mention the cost of having education could increase about $400-600 a year which does not look so good for low income students. As well clark mention how college would double in cost half the time that the economy inflation double for everything else. This could hurt future students who are planning on going to college. Low-income student

According to staticbrain.com tuition costs average in America around $14,446 for a public university. For a private university costs are much higher at around $33,231 a year. These costs a well above what people paid for an education even just ten years ago. From the information on inflationdata.com tuition costs have risen two and a half times faster than the inflation rate since 1979, this means a degree that would have cost $10,000 in 1980 would cost $21,500 today, if tuition costs rose at the same rate as inflation, but instead costs $59,800 today. Tuition costs are way higher than they were before but the cost of textbooks have rose even higher.