For-Profit College Tuition

In order to improve every aspect of life, especially financially; just having a high school diploma does not meet the requirements that society itself is looking for to accomplish one 's American Dream. Everyone desires and dream to go to college with the hope to be successful; but with the fact that the skyrocketing college tuition is increasing every year might turn those dreams into nightmares. There are many research have been proven that the main factors which cause the high cost of postsecondary education was the lack of funding from government, increase of students as well the increase of administrators. But beside those given facts, there are seems to be more deep hidden truth that most college students and their families have no ideas about it. Numerous of debates seem to argue about the reasons that cause the rise of college tuition was because the most money goes to athletics sport teams, the luxury accommodations for students as well as unnecessary programs and many seven-figure administrator.

Here in the United States, there are many forms of consumer debt, which help contribute to the large sums of debt countless Americans find themselves faced with. Directly effecting many college students is student loan debt. Student loan debt is now the second largest form of consumer debt behind housing” declares the Federal Reserve Bank of New York (Grisales). This is due to the fact that student loan debt grew 7.1% in 2014 to $1.2 trillion (Grisales). If this statistic alone is not worrisome this next one is sure to be. The amount of debt in the housing market that helped to spark the last recession was only $1.3 trillion (Grisales). Due to the increased amount of debt required by students to attend college many students are feeling the wrath. According to the U.S. Census Bureau, “In 2014, 11.7 percent of females and 17.7 percent of males between the ages 25 and 34 were living with their parents” (Grisales). The fear of obtaining massive amounts of debt is driving the current generation of student’s to put off many future hopes and dreams. While causing them to move back home to save money. The current student loan crisis is crippling the economy and ruining the lives of American students.

The cost of education is sky-rocketing, and no one can deny that. Tuition has consistently increased at rates well above that of inflation each year. Just 50 years ago when someone went to college, it might cost them about $300.00. Now it 's costing people $40,000 to go to college, and that 's at subsidized in-state tuition rates. For more expensive programs, it 's costing upwards of $100,000! For some of

“The only way to be successful and make a good living you must go to college,” I’ve heard that millions time’s during High School. Thousands of students graduate each year and apply to Universities. Waiting to see if they are accepted or not to the school. Some attend For-Profit Vocational college’s and other’s go to Non-profit Universities. But, with admission is tuition, that is a required to be paid each semester for a student. The price of tuition has skyrocketed excessively throughout history. What happened to the cost of education? Why is tuition rising, have schools become a business rather than an institution? What is more significant money or graduation rates for the schools?

Why does college cost so much? This is a very simple question which yields an extremely long and drawn out answer. This is because of the amount of theories and variables that go into the cost of college, and the amount of different types of higher educational institutes (e.g. public and private institutions). For example, one could point to the government or the recession(s) for the increased price tag on higher education. However, from my own deduction and analysis I have found (through various sources) that collegiate spending, price matching and State budget cuts on funding for higher education seem to be the primary reason for this sudden influx in the cost of higher education. From community colleges to the Ivy League, each is susceptible and responsible in their own way for the modern economic catastrophe that is the American higher education framework.

Postsecondary education is often the plan after high school for millions of students each year. However, the cost of attending college has risen drastically. In fact, the average college graduate owes over $35,000 in student loans after graduating. These students are more times than not on a 20 to 30-year payment plan; meaning that they will still be paying off their loans when it comes time for their children to go to college. Since they as parents will not be able to pay for another college education, this will unfortunately cause their offspring to have to take out student

When dealing with a problem, the best approach towards solving is to find and fix the root of the problem. So why is college tuition, so high? One reason is the loss of state funding. The lucky generation are the baby boomers in how they benefited from state funding which made it easier to attend college (Campos). Colleges relied heavily on state funding and they had to find a way to make up for all the money they stopped receiving. The best solution was to raise tuition every year and this sparked the inflation that millions of people deal with every year. Tuition used to be affordable and more people were able to graduate as a result. So now that people are forced to pay much more in tuition, it’s safe to assume that every bit of that extra money is being used to enhance students’ education. Sadly this is false and here’s the reason why. The maintenance and supervision of a college is handled by college administrators. Several years ago, there were not a handful of administrators that worked present on campus, but as time progressed more and more administrators were being hired. These administrators get paid very well and its part of the reason why tuition is high (Ginsberg). Overall, tuition has reached an all-time high and without a doubt this causes a lot of struggles for students and parents.

"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

Everyone can clearly see that tuition is starting to up and up with no real reasons why. Many cannot afford to go to college since scholarships and such only go so far; even if a student achieves a fully paying scholarship, which only means the coast of the courses, not necessarily everything needed. Computers, printers, books, room and board, food, car, clothing, school supplies and so much more are needed for college. With each passing item on the list, it become more and more expensive, which can prove to make anyone cringe at the end of the bill.

From 1978 to 2013, college tuition costs rose by 1,120 % in America. College costs are the highest in history and more students are going to college than ever before. Most people push for free tuition for all community colleges and universities; however that is not a viable request Someone is going to have to foot the bill in the end. Multiple nations around the globe are also having difficulty finding a functioning price tag for a college degree.

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

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 cost of higher education has become a villain of epic proportions. Students across income levels are struggling to make ends meet and are looking for a new solution to reduce the rising rates of tuition. The government has attempted to make college more affordable and are constantly proposing new solutions, though, none of them have truly been able to make a difference. Colleges themselves have attempted to make themselves more appealing by offering solutions to reduce tuition, but their end goal will always be to make a profit. Although having a college education is expected of our young adults, college tuition is rising exponentially, and it is going to become unattainable for students unless our country can come up with a viable solution

The increasing cost of college tuition is a personal problem for many students because they cannot afford the education needed to pursue a possible future career. “Colleges are putting the brakes on hefty price increases, but tuition and fees are still rising at a faster rate than the financial aid and family income needed to cover costs” (Douglas-Gabriel). Although many students are eligible for financial aid, this money usually is not sufficient enough to cover the cost of tuition for even one year. When the financial aid money is not sufficient enough students frequently have to lean towards getting a student loan from a bank or a personal source. Increase in college tuition not only becomes the student’s personal problem but it starts involving other family members as well. Many families cannot afford to pay