If Colleges lowered tuition, and book prices, people may have more opportunity to attend. College costs are at becoming higher, and keep rising every year.
College’s prices keep on rising every year. This makes it harder and harder for people to go to college because they may not be able to afford it. In a 2005 study it found that 90% of people who attend college will need help with either, scholarships, grants or loans. This means that people are having a tough time as it is. This also means that without these scholarships and loans many people would probably not be attending college because they could not afford it. Some people may have to get two jobs to be able to pay for classes and books. That could be hard finding time to fit college
People can’t afford to go to college. For example, they can’t go to school and still make the money they need to support them and their family. Nikki Edgecombe is a senior research associate at the Community College Research Center at Columbia University Teachers College. Nikki says, “Free tuition will increase college enrollments, as shown by Tennessee Promise, particularly at open access institutions and among students with more challenging educational histories.” If college was more affordable people would want to continue their education. Instead of paying for tuition these students could, with some possible financial cuts, afford the hours of pay missed.
The increasing cost of higher education in the United States has been a continuing topic for debate in recent decades. American society emphasizes the importance of education after high school, yet the cost of higher education and advanced degrees continually rises at a greater rate than inflation in the 1970’s. According to the Advisory Committee on Student Financial Assistance, cost factors prevent 48% of college-qualified high school graduates from pursuing further education (McKeon, 2004, p. 45). The current system requires the majority of students to accumulate extensive debt with the expectation that they gain rewarding post-graduate employment to repay their loans.
The trend continues with the skyrocketing prices of college tuitions. This is not an uncommon issue the days of college tuition being affordable are slowly fading into the past. This conundrum has brought to light the idea of using tax money to help pay tuition. This idea has vast potential, but can it reach its potential.
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,
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.
“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.
In today's generation college students struggle to attend higher education. Tuition has been higher than ever before to attend college. This is true, college students battle to go to college. A book that I read "They Say, I say" mentions, "many families are indeed struggling, in depths of recession, to pay for their children's college eduction." (Sanford, 191). Paying for college funds affect families as well as the student.
The sudden rise of college tuitions began right after the recession in 2008. Many people lost their jobs, and their current jobs were not paying well enough for them to survive through this devastating time. More people turned to higher education and college tuition began to rise because obtaining college majors will guarantee a higher pay other than minimum wage. This downturn didn’t end here because over the years, tuition rose even higher. In 2014, the debt for college students reached to 1.2 trillion dollars, that is an eighty four percent major increase since the recession. It is very difficult for every individual to repay their entire college tuition on time because their job may be underpaid. If you begin to miss your monthly payments, there will be several consequences right ahead of you.
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.
The cost of college tuition can affect the student's life in a way that one would not think like in their future. College stresses students in high school because they have to worry about if their grades are up to par and do they meet the college or university requirements. But more of students stress comes in the future. Fact is proving that most of college students go back home and live with their parents because they are not financially stable to afford their own home because they are still paying off loans. A percent of 85 this year’s graduating class of this year will be forced to move back home in order to help cope with student loan debt.Only 57% of people between 25 and 44 own a home today, a 4% decrease since 1980, ("15 Surprising Side Effects of Rising College Costs"). Another way is that college graduates put off having children because of them not being financially stable online universities recently did a survey on how many college students have children the results shows that debt, largely from college, was causing 20% of young adults to delay having children,even if they wanted them. Kids can be a little expensive , and college debt may mean that many young couples that are wanting to start family have to hold off on adding to their family until they can get loan debt under control. ("15 Surprising Side Effects of Rising College Costs"). Also, it
The biggest challenge facing college students today is the cost overall. Most students that are wanting to go to college aren't able to afford the cost of it. This issue can be addressed by finding ways to lower the cost of tuition. One way for the cost to lower is to reduce the federal presence in financial aid. Another way to lower the cost is to lower the salaries of professors and other administrators at the college. Reducing federal presence in financial aid would help decrease the cost of overall admission at a college and increase the amount of financial aid given to each student. If colleges were to lower the salaries of professors and other administrators at the college, it would significantly lower the cost of tuition because a lot
Paying for college should not be the hardest part. Lowering the cost of tuition would lead to less student debt and allow more students to attend college, which would increase the amount of educated people in the general public. Due to the fact that a college degree is necessary for most people to achieve success in today’s society, it should be cheaper or even free. Many entry-level jobs won’t hire people without a degree, and having one gives graduates more options.
Tuition should not be necessary, therefore anyone can attend college and should not have to worry about money. Stress would be lifted, debt will be prevented, and many more students can begin their lives’ with an equal education. Until then, only a handful of students will receive full-paid scholarships, while the majority struggle with affording college tuition. The percentage of college graduates will continue to decrease as long as tuition increases due to risks like debt or stress over one’s unavailability to afford college due to their low
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.