Education And Its Effects Of The Rising Cost Of Education

With this increase in tuition costs it is making a college education more and more unaffordable and putting students in more debt.

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

Rise in tuition is often seen as a school trying to gauge as much as money as they can from the students. A view most forgotten in this argument is that of the school. The school has to have money to feed the students and house the students plus teach them. Those three things are a necessity for the students. Schools would face lawsuit after lawsuit if they failed to feed the students. The school also has to pay its employees and hire new ones that leave.

College tuition is an expensive entity to pay for and not many people have the luxury of having college being completely paid for, however, so many people that have previous experience like teachers, counselors, and parents, want students to pursue this expensive entity so their future is brighter. Why is being a college student becoming a luxury that fewer people can afford and attend to? Factors like the actual cost for college tuition, costs for higher education, the working class and their difficulties of paying for other things in addition to tuition, proposals from our government, and tuition remission, is when we begin to see how big of a problem tuition costs actually are. School is an important opportunity that I have taken like many of my teachers, parents, and government have told me to take, but I still struggle paying for it; if school is a value that people should be taking advantage of, tuition needs to be more affordable in order to do so.

Education is something most people want to strive for but it comes at a cost. While the higher education system is known to be pricey, but it all varies. After a while bills start gathering higher and higher but for what cost. For a top dollar, level education, hardily. Never the less educators need to make a living also. In retrospect is the price really that much high than it use be, or is all just a product of inflation. Is the cost something we just want to see lower or is it something that truly needs to be lowered. A good example is Robin Wilson’s article “A Lifetime of Student Debt? Not Likely,” where she discusses the debts that students actually acquire upon going to school. Compare this to the article “Are Colleges Worth the Price

It’s hard to believe, but it’s true. College tuition is on the rise, and there’s no sign of it stopping anytime soon. A good question would be, “Why is it so expensive?”. The reason behind the price of college on the rise is because the government is cutting budget from schools. They’re spending the money that could be used on sending kids to college on things like the army.

In 1976, the average cost to attend a four year public university was $2,175; today, the average cost to attend a four year public university is $25,000 (Snyder). This means it is 1150% more expensive to go to college in The United States today than it was 30 years ago. This obviously would create a problem on how we as people are going to pay for our higher education. Today college has become almost a necessity to have a satisfactory life, and with these rising prices some individuals believe student loans are the only option. There are many reasons as to why the prices have risen, but the one undeniable fact is that this has created a problem within our country. Which, is known as the student debt crisis, and it has been on the rise the past couple years. This problem is affecting people all around the United States, and is causing multitude of problems for them all because they wanted to pursue higher education. Wanting to better your opportunities by bettering yourself is not something that needs to be punished, and sadly that is what is happening. This problem is something that needs to be fixed for the sake of Americans and our economy, but will also take time and a multitude of steps to correct.

One of the culprits hindering higher education for Americans is the tuition rates. A report by the Delta Cost Project indicates that if tuition had grown in pace with inflation, the average tuition at in-state public colleges would only have been $2,052 in 2010. The actual price of tuition was around $7,500, and it is increasing at around 5% per year, about twice as fast as the rate of inflation. Whereas everything else in the economy doubles in cost about every 32 years, college costs have been doubling around every 15 years. In a paper published by the National Bureau of Economic Research, titled How the Changing Market Structure of U.S. Higher Education Explains College, the author, Caroline Hoxby, states that universities have little incentive

There have been arguments when discussing the price of attending college. The main argument that we have is whether college tuition is too expensive or not. Over the last few decades the college tuition rates have increased drastically, but is a rate increase necessarily a good or bad thing. I personally believe that the cost to attend college is too expensive especially for low and middle-income families. There are many reasons why tuition could be considered too expensive they include, rise of tuition, little financial aid, and lack of college savings to name a few. The first reason why college tuition is considered too expensive is the continuing rise of tuition itself. Between the years 1973 to 2008 tuition for a four-year increased

Jeffery J. Selingo stated in The Washington Post, “How long can we go with tuition until it is to much?” This statement is what many people think, who are struggling to pay off there tuition. The cost of tuition is extremely too high. Earlier in the 1900’s the cost of tuition was merely 200 dollars a year, but now tuition can be from 15,00 to 50,00 dollars a year. ("UNIVERSITY HISTORY." Educational Costs (1900-1909), University of Pennsylvania University Archives. Web. 14 July 2015.) Those statistics show that the cost of tuition has more than tripled from a century ago. In this essay I will be discussing the hurtful side to paying so much tuition from, student loans to financial aid. Also I will be giving you five major reasons why tuition is so high.

The cost of college education in the 21st century is absolutely ridiculous. although colleges have to make money to support things like sports, it is making it so more and more kids aren't going to college, and the kids who do go are coming out with huge amounts of debt. People who go to college aren't coming out with the job that they think they deserve, which is leading to lower income, and a harder time paying off their college debt.

Furthermore, tuition annual rate has an outrageous inflation relationship with time. In Josh Mitchell and Andrea Fuller Wall Street Journal it states, “Among the four-year schools in the Journal's analysis, the average increase in tuition and fees was greater than 75% in the past decade, outpacing inflation.” (pp9). As college tuition continue to increase, the more individuals will be in debt. While the importance of a higher education increases the chances of becoming successful, more people will gravitate towards higher education knowing that loans will always be an option and having the idea that debt is normal to ensure a stable future. Not only will this start to affect individuals but the government will eventually suffer. Wight Martindale Jr states, “…too much money spent, too little achieved.” (Martindale), this explains how higher education can bring one a tremendous amount of debt with a bunch of stress. He also talks about how it is a bubble, this is a bubble that many students hate to be in. This bubble is known for being unable to burst which is a problem for multiple students because college shouldn’t be about money and stress. The more money the government give out and not receive as much in and they borrow from different countries, the country will stay in debt itself.

It is quite obvious that receiving an education beyond high school is very expensive, but why? The cost of college has increased to more than half of what it was thirty-five years ago. Paul F. Campos, in his article “The Real Reason College Tuition Cost So Much,” scrutinizes the reasons why the price of college has gone up so much, and who is to blame for the problem. In his article, Campos answers his question of why higher education is so pricey now compared to then and explains the reasons behind this insane rise in tuition cost.

One year at the prestigious Yale University will cost an average of $38,300 (collegeboard.com). Many students who deserve to go to this school may miss out because of the cost and lack of financial aid. The rising cost of college may put higher education out of reach for the average American. This paper will look into the reasons behind the steady rise in prices, the legitimacy of a college education, and why recent graduates are struggling to find jobs in this tough economy.

The rising costs of formal education has become a real and concerning issue for most Americans. Whitehouse.gov states, the average income of families has remained roughly the same in the last three decades. In that time the tuition rates have more than tripled. This leaves families struggling to get their kids through school. According to Forbs, universities and colleges have been raising their tuition fees by 2 to 5% each year. Forbs also found that in public schools while students are paying more for their education, the college or university is spending less money on the student’s education. Forbs explains that the 2008 recession is largely to blame. On the contrary, that was 6 years ago and public schools are still spending less money on student’s education but charging the student more for it. This means that the tuition students are paying is not being