Rising College Cost

The United States needs to look to other nations that have figured out the necessity of higher education to be at an affordable cost if not free. In 2015, college graduates are facing on average just north of $35,000 in student debt (Berman). In part, the government has reduced the federal funding that each college receives each year. Therefore, colleges have constantly raised the

“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

The increased costs of tuition and fees are making it more difficult for individuals to attend college, and they are being forced to drop out, having a major impact on graduation rates. Data stated that was stated in FACT SHEET on the President’s Plan to Make College More Affordable: A , Better Bargain for the Middle Class (2015), “The average tuition at a public four-year college has increased by more than 250 percent over the past three decades, while incomes for typical families grew by only 16 percent” (“Fact Sheet”, 2015). This is causing major stress and becoming a burden on the finances of the student and their families. In order to attend college, a large percentage of students will have borrow money because of

The cost of getting a college education has risen over the past three decades. Comparing it to the housing and medical care markets, it has risen considerably more than them. The current student loan debt, has risen to an astonishing $1.2 trillion dollars, the largest ever recorded. Student loans are just now a burden on our society, yet no one is surprised about the amount of debt the students are in. Yet is is extremely

Every day in the United States thousands of juniors and seniors are applying to colleges all over the country. However, roughly 80% of Americans cannot afford the cost of attending college. Families and their children are paying over-priced college bills years after finishing school, even after scholarships, grants and aid. A college education has become necessary to acquire a decent paying job, yet prices are outrageously high. I will be attending college in two years, but the financial burden that is going to be put on myself and my parents overtime, is a major concern of mine.

Statistics exhibit that majority of people are unable to pay for their further education. Pew Social and Demographic Trends state, “A majority of Americans (57%) say the higher education system in the United States fails to provide students with a good value for the money they and their families spend.” Tuition rates for colleges hyperbolizes its values comparatively to the money families spend. It also proclaims, “An even larger majority- 75%- says college is too expensive for most Americans to afford.” College snatch away the money of American families at a value too high and too much for the average family to spend. Not only does college seize the money many family don’t have to begin with, but it forces families to go into debt. Working extreme hours and trying to pay for college wearies the family’s way of living. According to Pew Social and Demographic Trends, “A record share of students are leaving college with a substantial debt burden… about half say that paying off that debt made it harder to pay other bills… about a quarter say it has had an impact on their career choices.” Debts triggers a person to change their profession and causes hardships to their life in the future. High tuition rates and debts stir students away from college and jobs that they truly want. College acquire families money at an

In recent years, the soaring cost of college tuition has angered many students and parents, leaving many wondering where they will come up with the funds to pay. While college is still a pretty sound investment for most career paths, the cost of an education has outpaced general inflation by almost double, leaving many families simply unable to shoulder the fiscal burden without incurring large amounts of debt. How did we get to where we are today? A big part of it has to do with how colleges themselves have changed and the ways our cultural outlook on higher education has evolved. More students than ever are heading to college, and expect better resources from schools each and every year. But have colleges gone too far? Part II.A discusses the history of congressional acts that have over the years increased federal educational spending while showing how college tuitions have drastically gone up. Part II.B examines how the continued investment in college at current and future prices will affect society. And Part II.C assesses different countries debt problems, why they are not in as much trouble as the U.S. and what we can learn from them.

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

Did you know that American students owe more than 1.3 trillion in student loan debt? With the growing demand for an educated workforce; the rising costs of higher education have many concerned about the price of obtaining a college education. Recent trends reveal that the costs of higher education is steady rising and the average student debt is around $30,000. This has had an impact on the average student funding college, even after grants, scholarships, and financial aid has been applied. In fact, according to Mitchell, Palacious, and Leachman (2014), between 2007-08 and 2012-13, Pell Grant was increased from $16 to $33 billion. This offset some of the increased tuition and fees for students. However, it is still not enough.

Higher education costs have been increasing at a rapid pace, faster than inflation for the economy as a whole, for the past fifty years. It started in the 1960’s when the federal government passed the Higher Education Act to increase the amount of people able to afford and attend college. Regardless of the Unites States Government efforts to increase the affordability of college, federal aid programs have not risen to expectations due to the ever-increasing college prices. To lower the price of college, the government needs to cut back on student financial spending to go only to the lowest income families and create tax incentives for families to start saving up on their own.

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.

The cost of tuition at colleges and universities in the United States has seen a steady increase over last several decades. Since the 1980s, the list price for tuition has risen by roughly 7% per year, while the inflation rate has averaged 3.2% per year. The effect of this mismatch in the rise of the cost of tuition versus the average inflation rate has had monumental effects on the ability of students to afford a higher education. This, in turn, has forced more students to take out increasingly large amounts of loans, causing for the national student loan debt to grow to over $1 trillion dollars, more than total credit card

The increasing cost of college or university’s tuition is a concern that resonates with many people in today’s world. With the amount of money being spent on education, students want the least amount of complications while completing their education and are more select when choosing courses. This also includes the avoidance of incompetent or lackadaisical professors. A tool that can be used to potentially help students avoid this issue is available on the World Wide Web, the evaluation of faculty teaching by students (Otto et al., 2008). Student evaluation of teaching (SET) has come to be a very prominent measure of teaching effectiveness, and often, a major consideration for merit at most institutions of higher education (Otto et al., 2008). Students not only are able to obtain information on future professors, but the professors also can see how students are reviewing them. The most popular site for online faculty rating is RateMyProfessor.com (Otto et al., 2008). Students can use this site to make decisions on what classes to take with what professor, based upon ratings on Rate My Professor. Is this site really depicting the right information about professors, or is it merely a review or a teacher’s personality? Rate My Professor isn 't the only teacher-rating website, but it 's by far the most popular, attracting an average of 3 million students a month and as many as 80 million page views at the height of registration periods (Otto et al., 2008). From