Rising Cost Of California Essay

Decent Essays
The Rising Cost of Tuition in California State Universities

The cost of tuition for California State Universities has skyrocketed over the last 10 years. It has forced many students to take out expensive student loans to complete their educational goals, often times leaving graduating college students steep in debt as they enter the workforce. Some of the contributing factors that I am going to address are inflation, the rising cost of living and the varying costs of different educational institutions

Webster’s dictionary defines inflation: as a continuing rise in the general price level usually attributed to an increase in the volume of money and credit relative to available goods and services. During the last 10 years we have seen and felt the effects of inflation. Services and goods have gone up in price, but the minimum wage for most Californians stayed the same for a number of years. Inflation is a key factor that has affected tuition costs in most universities and has helped contribute to the steady rise. Public and private schools each typically have their own college inflation rate, which
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Inflation definitely has played a role and will continue to do so in the future as the economy changes and adapts. It is clear that in the last ten years tuition cost spiked and in some areas doubled. The cost of living was also a contributing factor for the spiked tuition costs. California Universities are amongst some of the best in the nation, but they come with a price tag that unfortunately many cannot afford. Finally the varying universities and the quality of the programs often dictate the costs. This was clear in the comparison between Fresno State and California Polytechnic State. Both offer quality education in specific fields for the right price. As some would say, A good education is not cheap, and a cheap education is not
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