Is College Tuition Too Expensive?

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,

Tuition rates have been on the rise since the start of colleges. In 1988, the average college tuition was about $2,800 for a year of schooling. In 2008, that number had risen 130% to nearly $6,800 for one year; according to Annalyn Censky of CNN Money, if the average income had raised the same amount, median family earning would be roughly $77,000 a year, instead of the current $33,000. Americans are making $400 less on average than they did in 1988 says Censky. Over the past twenty years, college has risen 5% of the median family income from 12% to 17%; private colleges went from 27% to 47% says Economist.com. (1 SV; SV.) Tuition isn’t the only thing rising at colleges: room, meals, books, and other fees are rising as well. (4 SV: A,B,C,D.) This also takes its toll on families as well as the students themselves. Many students

College is a dream that almost every American wants to come true, however, with the extreme rise in the costs of tuition it is a dream that has quickly turned into a nightmare. “Tuition at a private university is now roughly three times as expensive as it was in 1974, costing an average of $31,000 a year; public tuition, at $9,000, has risen nearly four times,” (Davidson). “For the average American household that doesn 't receive a lot of financial aid, higher education is simply out of reach,” (Davidson). That is why many students have begun questioning the worth of a college degree and if the amount of debt that is received upon exiting college is all for the better. And considering that costs have risen much faster than the rate of inflation, many are starting to believe that college just isn 't necessary any more. However, according to White, economically, the answer would still be a yes. “While unemployment rates for new grads and experienced workers alike have fluctuated throughout the recession and recovery, the earnings premium that college-and advanced-degree holders enjoy over their peers who didn 't attend college has remained relatively stable, and in some instances, grown, according to the report that was released this week,” (White). A study was shown that many college grads are able to get earnings that are significantly higher than those who did not get enough education or only hold a high school diploma (White). Even

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

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.

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

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.

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.

One of the many problems with making college free is that college, in time, needs to be paid for by someone or something. With the government having the idea that college should be free, these same people wouldn’t be taking the hard payment; You would, through government taxes. As Alex Groves says in his article, “Unfortunately, there is no such thing as a free ride. Every program requires a source of funding, and free education is no different.” (para 5). Groves is a college student himself working on his last year

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

College costs go up faster than incomes. This is copping out low and middle-class families from getting a decent college education. College is becoming so expensive that it is a dream to a lot of less fortunate people. The tuitions and fees are public universities have increased almost 130% over the past 20 years. Education prices shouldn't increase as jobs and income decrease; that doesn't make sense. For colleges to increase tuition fairly, incomes would have to increase making the average annual income more than $50,000. Whereas, in 2008, the median income was $33,000. That's a big difference. As prices increase, education opportunities decrease. This leads to a decrease in jobs. Ironic because businesses are looking for well-educated employees.

College tuition has been increasing its price over the years. Supposedly, the reason for higher tuition, is inflation. According to an article on USA today, under the College section, “In the past 12 months, the rate of inflation stood at 2.2%, according to the U.S. Department of Labor. Colleges, however, appear to be increasing their tuition rates by nearly double the inflation rate — a trend that has been consistent for

During the year 2014-2015 the standard cost of tuition in a two-Year Institution, for one year of college with room and board would cost you $10,837. Want to go to a four-Year Institution? Try $23,600, a year for tuition, room and board. This is over $7,000 more than the cost 10 years ago for a four-year institution and $3,700 more than a two-year institution. In the years to come the cost of continuing education will stay on the path of increase, the project cost of education in 2029 will be $102,900 for a public university (Statistic Brain Research Institute, 2015). What is driving this cost? What are we paying for?

Rising tuition rates aren't something that should be taken lightly; if they continue to increase, no one will even be able to afford to go to college. An informational article about this topic stated

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