Today, Education is the most important part of every human being in this world. But, how can a developed country like the United States consider education as a privilege rather than a need. Today, America is suffering from lack of workforce and education crisis. America’s economy is collapsing and it is losing to countries like china, Brazil, Russia, etc. because Americans are deprived of education because of high college costs. High school graduates in America want to attend college but when they attend college, either they drop out of college or they graduate but end up paying money for student debt and loans throughout their life. According to Vermont senator Bernie sanders, today Americans have a burden of 1.3 trillion dollars in debts and loans. This amount is much greater than the amount of credit card. Because of lack of education, there is a huge income gap between the wealthier and poor. America is called, “Land of the Free and Home of the Brave”, But how can a country be the home of the brave if its people are not educated. To make America better and stronger, education should be free for every U.S. citizen and so the public universities and colleges should be free. A free education would enable every American to achieve the American Dream. It would fill the income gap between poor and rich and would boost the economy of the nation. For a better understanding, we must look at the cost of tuition of public universities in America. In the past decade, the cost
Just about everyone agrees that college should be more affordable. A century ago high school was becoming a necessity, not a luxury; today the same is happening to college. If college is essential for building a career and being a full participant in our democracy as high school once was, shouldn 't it be free, paid for by public dollars, and treated as a right of all members of our country? The average college graduate comes out of college with at least $60,000 in debt and if they went to an Ivy League should that shots up to upward of $100,000 all this debt before they even get their first real job (“Fast Facts”). This is the burden that students have to worry about and then they only have six months to find a job that can cover they loan payments, which can be as much as a couple thousand dollars a month and most working people can’t afford that. These days it is highly emphasized that the responsibility to educate the poor lies on the shoulders of the government. It should be, considering the significant hike in the tuition fees worldwide. In such circumstances, many intelligent and hardworking students miss out on studying in a university due to lack of funds. This not only demoralizes the student, but also has a negative impact on the society as it loses out on its future professionals.
College has become a norm in today’s society so much so, that the average costs of higher education are not really discussed. A public two-year in-district college was $3,520 for a full-time undergraduate student in 2016-2017 (Baum 68). Baum also declares that a public four-year in-state undergraduate tuition was $9,650; a public four-year out-of-state college cost $24,930; a private nonprofit four-year college costs $33,480; and a for-profit college cost $16,000 for that same school year. (68). Across the nation, figures will vary because of the obvious geographical region differences, but also because of price discrimination. Price discrimination allows institutions to discount their prices for a lot of students (Baum 79). Institutions do this based on individual student circumstances, and it segments the market. Institutions
Compared to just 10 years ago, in-state public university tuition has risen a dramatic increase of 40% — about $2700 (“Tuition and Fees and Room and Board over Time”). At the university level, in-state college is the cheapest option. However, in regards to the inflation of the decade, only 15%, university tuition is substantially higher for families today (“Archived Consumer Price Index Detailed Report Information”). Students and families are now paying a 25% higher price for in-state college than those just 10 years ago. Consequently, this has
Research indicates a steep upward trend in the cost of higher education throughout the 20th century. In recent decades, America has witnessed a widening gap between inflation and tuition. An incoming freshman at a typical college incurs charges for tuition, university fees, books, room and board,
Since 1974, tuition has been on the rise and has reached new heights. One reason why tuition is increasing is because of “the state governments’ unwillingness or inability to raise per-student financing” (Davidson). The government is spending less on college and moving those funds into other categories, such as the military. Furthermore, colleges are spending less on each student than they did during pre-recession (Fox). Even after the recession, the government is continuously cutting more and more from education funds. As the government cuts more from education funds, tuition cost will steadily increase to compensate the loss. Tuition increased from 1994 to 2015 is depicted in the graph on the next page. Drawing a conclusion from the graph, it is possible that if this trend continues, public colleges will approximately reach the same price as private colleges one day. The amount of financial aid given is unable to meet the needs of lower income students,
“College Prices Soar Again!” “Budget Cuts Cause Even Higher Tuition!” “Higher Education Now Even Less Affordable” These are all statements that have been seen all over the media: newspapers, magazines, television, and radio. (3 SV: SV) Rising college tuition in America has been a problem for years. Many students drop out after a single year due to the pricey costs of tuition. The rapid rise can be attributed to many aspects of the economy, not just a single source. There have also been some propositions of how costs could be lowered, but these have yet to be seen. The United States has gone into a tuition crisis.
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
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
A surging $1.2 trillion in student debt and rising rapidly in tuition is the critical issue America public universities face today. These student debts and rising tuitions are caused mainly by administrative hiring and pay or expensive building projects on campuses. When public universities are spending money toward expensive building projects, this does not help with making tuition cheap to attend a certain university, instead it’s high.
The United States Government should ensure students are debt free. “According to the College Board, the average cost of tuition and fees for the 2016–2017 school year was $33,480 at private colleges, $9,650 for state residents at public colleges, and $24,930 for out-of-state residents attending public universities.” (Klijn, J.) The tuition for colleges have increased tremendously over the years, making it harder and harder for many students to pay and attend for 4 years. “Average tuition at public 4-year colleges was $7,600 in the 2010 academic year, up from $2,100 in 1980,” the report notes, while “average tuition at private 4-year colleges nearly tripled in a generation, increasing from $9,500 in the 1980 academic year to $27,300 in 2010. At the same
In America over the past decade, college tuition prices have gone through the roof. Many Americans today suffer with incredibly high debt, or they fear that they will not be able to pay off their debt, resulting in fewer people wanting to continue their education. Without citizens getting a higher education, America would be uneducated, which would result in America becoming neurologically nullified. Sarah Amandalore (2014), writer for the Los Angeles Times states in her article “The student loan crisis: How middle-class kids get hammered”, ‘The Delta Cost Project’ at American Institutes for Research examined rising college costs and concluded that, in recent years, a combination of state funding cuts, overspending by research universities and decreased donations have led to tuition spikes at both public and private schools” (pg. 1). When lower-income families are faced with these problems, it makes getting a higher education hard to reach. With a higher education, more life and job opportunities become available. By the government putting a limit on the amount colleges could raise their tuition, more people may opt to get a higher education. The fear of being in debt makes the idea of a higher education less valuable to many people. The government should restrict the tuition amount charged
College students all over the country are going through the tuition struggle, and they have every right to be angry about what they have to go through. In nearly 30 years, "tuition increased twice as fast as the overall cost of living” (Larson, 63). Just in the span of 1980 and 1990, the average cost of attending public and private university increased by 109% and 146%, ridiculously. Taking another look at these figures, a direct comparison can be made comparing them to other rises that took place in separate areas during that same given time. An example being the rise in medical care costs which was 117%, the cost of new homes rose to 90%, and the price of a new automobile went up 37%; simultaneously, middle class income only grew by 73% . The few capable of affording these ridiculous prices, are usually capable to afford to ignore them. However, the rest of us struggling individuals are forced to pinch pennies and are haunted by the desire of
The way higher education is being financed is becoming increasingly dysfunctional. State appropriations are declining; educational cost is rising; and cost per student is increasing faster than inflation or family income. Affordability is directly affected by a financing system that provides limited incentives for colleges and universities to take aggressive steps to improve institutional efficiency and productivity. Public worry about increasing expenses might eventually add to the disintegration of open trust in higher education. Only through reform can confidence in higher education in America be renewed. The Secretary of Education’s report states that America must ensure that our citizens have access to high quality and affordable educational, learning, and training opportunities throughout
Today colleges are growing more and more necessary for attaining a solid path towards a successful career, yet the rapidly increasing cost of tuition is driving students away from their dream of attending college, due to the preposterous amount of money that is now being demanded by colleges across the nation and world as a whole. It is sad to see students being turned away from a successful future due to the money-hungry nature of the universities that dot the globe. More and more impossible it is becoming to have a “rags-to-riches” scenario that used to highlight the American Dream, as if a student doesn’t have the riches to afford a higher education and the tuition that is drug upon its coattails, then our society is doomed to be clothed in rags forever, unless major changes are brought about to restructure and end the indefatigable growth of tuition rates across the board.
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