Financial Aid: A Case Study

The rising cost of tuition is affecting higher learning institutions and students alike. The cost of college tuition has increased at a much faster rate than inflation (Evans, 2013). The Delta

Today, Susan Hansen, Admissions Director of East Liberal Arts College, wishes to increase tuition and reduce financial aid available to students (Brickley, Smith and Zimmerman, 2009, p. 110). Moreover, she has expressed that “increasing tuition and reducing the amount of financial aid will solve the schools financial problems” (Brickley, Smith and Zimmerman, 2009, p. 110). This will be done by “increasing an effective tuition from $15,000 to $25,000” (Brickley et al., 2009). She also projects that the tuition increase enrollment from 400 to 600 students (Brickley, Smith and Zimmerman,

Thesis: Thousands of colleges across the country have steadily increased tuition throughout the years and Colorado State University is no different. Today I will share with you both the perspective of those that believe tuition increases are necessary and of those against it in order to help form my own opinion on the necessity of tuition increases here at CSU.

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,

College is a head turner, eye catcher, and attention grabber. From making the decision to even attend to selecting the perfect school, the whole experience turns out to be incredibly stressful and multiple aspects go into what seems simple at first glance. The cost of attending college is on the rise. Parents and students anxiously await scholarship letters to help with these rising costs of education. State schools usually offer a financial advantage, but a new “law” is being proposed - free in-state college tuition to those students with a 3.5 GPA or higher. Few benefits are available and numerous disadvantages are present when it comes to this recently produced regulation. A few negative factors in this situation will be covered and the explanations will go into depth to prove that this idea is too good to be true. Even though the conception of free college is enticing, the cons outweigh the pros.

Since 1985, college costs have surged more than 500% in the United States. Northeastern continues to raise, not lower, our tuition every year, which makes the university less affordable for families who do not even qualify for financial aid or students that take out loans to pay their tuition. Northeastern’s President argues that a tuition freeze would mean less financial aid would be given. In recent years, our university has surpassed funding records and should find

The impact of higher tuition rates on students has been significant in that the burden of paying for college has fallen increasingly on them. Furthermore, it is not only the cost of tuition that is rising. Students are also faced with rising costs of housing, textbooks, and other essential expenses associated with attending college. From December 2001 to November 2010,

There is an argument prevalent in political America which states that tuition for public colleges and universities should be free to all who desire to attend. These politicians drive compelling arguments for this, considering that college degrees are highly recognized as a trait of qualification for individuals in every field imaginable. It would seem at the outset that if everyone was able to become more qualified, everyone could make more money, and the economy could thrive under more a more highly-educated population. Unfortunately, this dream is just that—a dream. Those who make the argument for tuition-free college fail to recognize the basic principles of supply and demand that drive the business of education and employment in this nation.

The cost of tuition among colleges and universities is highly diversified and indefinite. Students shouldn’t be financial problems that are associated with the high tuition cost for their education because it creates unnecessary stress and financial problems. The student’s primary concern should be their academic performance and learning. The tuition fee includes extracurricular expenses such as lifestyle amenities that may not be essential toward the student education yet they are still being charged for it. Universities and colleges are lacking a stable and regulated tuition system to provide a better education for a reasonable price. The high tuition cost affects the academic performance, enrollment in higher education, and increase

Presently, the availability of educational opportunities at the college and university level is a critical state and personal interest given the needs of the state for a well-educated workforce which has never been greater. Too many, the focal point of attending college is receiving a high paying job in the future. Unfortunately, in most states, tuition is on the rise and students who come from low-income families find themselves struggling to fund their education. According to legislatures, “The cost of college in New Jersey, as in the nation, continues to grow faster than the rate of inflation.” (State of New Jersey 1). In the national financial aid policy resources that are typically given to the neediest families are shifting towards

In the past fifty years since the inception of the Higher Education Act, federal policies regarding financial aid have expanded in scope, intent, and access. Prior to this landmark legislation, federal intervention and financial support of higher education was minimal, with most of the control lying with individual states. Whereas financial support for higher education was previously directed at institutions, federal financial aid provided funding for individual students, initially as a means for increasing access for underrepresented and disadvantaged populations. The evolution of federal financial aid represents the historical, political, and policy changes during the past five decades and illustrates the gradual shift in societal values

As it turns out, the expected outcome of this plan is that “the neediest students [will] enroll at the lowest-funded colleges with the lowest graduation rates . . . [and generally] 40 percent of community college students earn a degree within 6 years” (Jacobs). Thus demonstrating how the proposition could cause students to not only waste money they spent on books and supplies, but also the time they could’ve spent at a seemingly better institution, or in the workforce collecting the profits they so desperately

The change project paper will discuss the problem with identifying and retrieving all financial aid transcripts from previously attended institutions without interfering with a student’s ability to focus on their studies. There is certainly already many issues with the complexity of requirements student’s face when preparing to attend college. The Free Application for Federal Student Aid (FAFSA) is a 10-page application that collects personal and financial information on the student(s) and their family. Once the school receives, the application there is possibly another round of collecting data and information. Stratford (2014) stated the following;

Tuition is what most high graduates worry about for college. It is a topic that is mentioned in the news, presidential debates, and amongst students. Some would argue that college cannot be completely free but that it should be lowered to reasonable price that can make college more affordable and easier access to low income families. Others oppose this standpoint by stating that the decrease in tuition would also decrease the quality of education that many are paying thousands of dollars for. Should tuition cost decrease or remain the same? Tuition effects billions of students in the United States today.

These four part financial steps are a vital area we felt that would be of great contribution to help address the current financial problem PC is facing. Exploring each step within the recovery plan will provide a clear understanding of how PC administration is expected to put the institution in good financial standing. These financial plans will be successful based on the information that was collected and research conducted throughout the academic year. As noted by Lorin (2014) College prices in the U.S have gain increased faster than the rate of inflation, extending decades long pattern of higher education costs. According to the College Board, a decade ago tuition and fee jumped 10.4 percent for in state students at a four yea-public colleges and 5.8 percent at private schools. The institution had a negative net