Is College Too Expensive? I’m sure its become apparent that today a very popular topic these days is College tuition. For what seems to be ages, people did not give much attention to the cost of tuition. However, in current times theres been a dramatic change. It seems that everyday, several people are coming to the harsh realization of how high tuition has gotten over the years and they wish to see a change. In this essay, I shall attempt to cover a very serious and hard topic. One would say that because in the process of finding information for this topic, there are several articles showing examples of people attacking administrations in serious anger. Little to no information was found giving an example of college staff and …show more content…
A trip to the counselor to hear your degree plan can add more pressure and stress to a persons life in college. Some have decided to do some research of their own to really understand and see why the cost of tuition has gone up so harshly. There are several thoughts and theories as to why college is as expensive as it has become. Both students and parents are at war with college administrators in an attempt to get more than just a weak reply of justification out of them to see exactly where all of their money is going. 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
College tuition has been an increasingly intense topic of discussion over the years. The costs of higher education have been debated by many people, and it has been discussed as to whether costs are becoming too high for students to afford. College has become more and more popular, and now as many as 20 million students attend universities reported by The National Center for Education Statistics (1). The value of a college degree is immense, but college tuition is becoming too expensive for students to afford, and furthering the problem are students’ lack of knowledge on how to pay and earn money towards their college degree.
The ideas of equal opportunities that America was built on has been lost and replaced with a structure of education only being accessible for the wealthy. College tuition is a topic that is on every high school and college student's mind. As tuition costs are constantly rising more college students will face the sticker shock of acquiring a secondary education. Unfortunately, college costs do not just end at tuition and room and board people also have to pay for textbooks, meals, and transportation. The cost of college has become outrageous and students are leaving college with high amounts of debt.
A lot of people will argue, that college is too expensive. Not everyone can go to college, for financial reasons. Also, they may get into college, but end up having to leave because they cannot afford the remaining balances; or, they received financial aid, but end up having to take out loans they are going to be paying back forever. It is like once they graduate they will be working mostly to pay off their student loan debt. This also discourages some students. In some cases, they will not even take the initiative to try because it is so costly. I do not understand why it cost so much to want to better yourself, and possibly put us in debt for the rest of our life just to receive a higher education. Not only has the cost of college risen over a period of time, but it continues to go up. Yes, they have alternatives for paying student debts, but what if you do not qualify? Lastly, you are not guaranteed a job just because you graduate and have a college degree(s).
Higher education has been known by many Americans as a luxury for only those who can afford it if not being forever in debt with student loans. The price of higher education has been in debate for many years but it still has not ceased to come into an agreement. Should higher education lower its price or is it worth paying for it? As Andrew Hacker and Claudia Dreifus argue in their article “Are Colleges Worth the Price of Admission?” there are colleges worth mentioning about how successful their financial management has been correlated with their students success. The issue has also come into attention for Sanford J. Ungar, as he explains in his article “The New Liberal Arts,” although liberal arts education may be have its misconceptions, it does pay for its price. Hence, higher education (whether from a regular university or a liberal arts college) is worth the price, as it prepares individuals for the real world more than any other kind of education, it is an unique time were students are allowed to explore and put their abilities into test and it is the opportunity for many to overcome the many obstacles life has to offer.
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,
Universities used to be a privilege for most academic students to attend and it was very affordable, but currently the price per year to attend college has drastically increased. For instance, in the “1970’s the average cost was 10,000 dollars a year and today the average cost is 30,000 dollars a year” (CQ Researcher). This is a triple increase in the price per year to attend college. Allowing this increase on college tuition has impacted the student’s attendance rate. This is a significant financial burden for college students and their family. Some believe that college shouldn’t be free because we are risking the value of college education, while others think it should be free because we are trying to avoid having our upcoming generation
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,
There is no escaping the fact that the cost of college tuition continues to rise in the United States each year. To make it worse, having a college degree is no longer an option, but a requirement in today’s society. According to data gathered by the College Board, total costs at public four-year institutions rose more rapidly between 2003-04 and 2013-14 than they did during either of the two preceding decades (Collegeboard.com). Students are pressured to continue into higher education but yet, the increasing costs of books and tuition make us think about twice. Sometimes, some of these students have to leave with their education partially finished, leaving them with crushing debts. It is important to find the means to prevent these
“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
A major problem for today’s high school graduates is the rising price in college education. Attending college can add up really fast; it can cost up to tens of thousands of dollars per year (Barkan 1). No wonder, in Steven Barkan’s book of social problems, issues and problems in higher education take up a full chapter. In this chapter, Barkan states that only 44% of all students who attend a four-year institution is lucky enough to have annual tuitions and fees amount to less than $9,000 per year. The aggravating question is, “why does college cost so much?” Not only is tuition part of the cost of college but also fees housing and meals, books, school supplies, and accessories (“What’s the Price Tag” 1). All tuition covers is the money for academic instruction. Fees are charges for specific services such as, internet access, and then the cost of books and school supplies add up. Additionally, one is not paying just for textbooks but also
According to TED; The Economics Daily, tuition and fees increase 63% since January of 2006. Some people believe that the cost of college tuition is acceptable. However, college tuition cost is too high. They ought to be lowered and made affordable to all. College tuition cost is too high, a high tuition can prevent some students from receiving college education, forces some to take out loans, and ultimately can cause future financial instability.
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 tuition for higher education is quickly rising. Over half of college freshmen show some concern with how to pay for college. This is the highest this number has been since 1971 (Marill and O’Leary 64-66, 93). The amount of college graduate debt has been rapidly increasing also. With limited jobs available because of the high unemployment rate, college graduates find themselves staying in debt even longer. Although grants and financial aid are available to students, students still struggle to pay for their college tuition. Higher education costs are prohibitively expensive because the state’s revenue is low, the unemployment rate is high, and graduates cannot pay off their student loans.
Since the mid 1980s, student fees have increased at a rate approximately double the rate of inflation (Hauptman, 1997, p. 24). A 1996 study by the General Accounting Office indicates a 234 percent increase in tuition and fees at public institutions and a 220 percent increase at private universities since 1980. This compares to an 80 percent increase in inflation since 1980 (Barry, 1998, p. 39). Families today spend a considerably larger percentage of their family income on college than families two decades ago. In 1979, the average four-year tuition at a public college consumed approximately 36 percent of a family’s annual income, while a private university consumed 84 percent. By 1994, the percentages jumped to 60 and 156 respectively (Reiland, 1996, p. 36). In addition to increases in tuition, an attitude shift in regard to paying for college contributes to the problem of financing higher education. Parents today are more likely to budget college expenses out of their annual income instead of from savings, and students are expected to contribute more to financing their own education than in the past (Kiesler, 1994, p. 67).