Professor Johnson EC 111H 26 October 2012 The Problem with College Tuition Every year, students wishing to attend college are faced with the steep price that comes with their prospective education. For many, the belief that it will play dividends in the long run is enough reason to pay the high price. However, college majors have a wide variance of starting median salaries, which leads to the question of whether or not tuition should be based on your field of study. Students knowing they will be making less than another student after graduating should not be required to pay the same tuition. College tuition is too high. Since the demand for an education and the supply of schools are both high, cost should be low. What we see, …show more content…
This is attractive to many students, who desire to be making high salaries. With the high salary comes hard work, and the hard work put in is worth more. Engineers, for example, require labs and experiments that cost large amounts of money. Doctors have to study in hospitals and take hand on classes that also consumes university budgets. On the other hand, English majors are focused more on their books, which are individually expensive, but don’t cost universities much money. Universities should be obliged to allocate funds into the degrees that benefit them the most. They should not have to put as much money into a degree that does not make them money, as colleges are a business. There is no clear-cut choice on which way this system will work most effectively. It is obvious that both systems have their pros and cons. While one system favors government interest, the other favors university interests. Either way, people will be affective both positively and negatively. The way the state of Florida is approaching this looks stronger. If students who are going to help out the economy are rewarded by lower tuition, they will be more inclined to do so. And the degrees will start to vary, because once the need for doctors is filled, a state could now realize there is a need for economists. Also, if students are aware of what degrees business are most looking for, than there will be a better chance of them being hired
With this increase in tuition costs it is making a college education more and more unaffordable and putting students in more debt.
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.
College tuition is a subject that I am certain is on every college student's mind. The current cost of college has become so outrageously high and so students are graduating college with what you think is a feeling of excitement for their lives starting, when in reality they are entering a pool of stress due to high amounts of debt and no job guarantees. With that being said overly expensive College Tuition is merely taking away opportunities from potential students. According to Collegefactual.com, you will see that 20 years ago the average college tuition for a student at any University was around $6,285 for the room, board, and tuition. Today, according to Niche.com, the average tuition for almost any college is over $30,000 for those same things. Today, this isn't even offered for those same colleges, we don’t even know what is actually causing the raising tuition. At this point in time, we are paying for the name. Just like clothing, we pay more for the “high end” (a.k.a the college name) items. This is an issue that not only affects college students, but people who want a good education. College tuition should be lowered because the average student debt is too high, FAFSA results can be misleading and not high enough, and there is not enough access to college for deserving students.
There are many colleges around the world and most people like to attend one. Students study hard and try their best just so they can get an acceptance letter from their dream college. However, college tuition is not that affordable; college tuition is increasing in price every single year while the yearly salary of a father stays the same or barely increases. College tuition should be affordable to everyone regardless of his or her family status and position. Students should be able to attend a college without being in a debt consisting of thousands of dollars. There are scholarships, grants and financial aid available but that does not help everyone. A middle class family cannot fully afford a child going to a 4-year college and make a living, which is comfortably in residence. A change in college tuition is definitely required for American students and the students around the world to have a better education at low cost.
An article by HO, J.D says, “the National Center for education statistics reports an average tuition of 25,409 for the 2014-15 academic year at four-year colleges and universities.” It’s amazing how costly is to get an education. Where many questions, Should the amount of wealth you make determine whether you attend college or not.? Many students going college are in college debt College expenses are getting higher, every individual that is thinking of going college goes through the financial struggle. As many think of a question of how much income they need to pay college tuition.? In regrade to making their college life, usually, student tend to go school and work. although, going school and working becomes the habit but the student will have a dangerous effect on their study. They would have less time to study and take a rest. Education has given many an opportunity to change the world and taught people to saves other people lives. Now our world has doctors, pilots, engineers, scientist and much more that people are not seeing. The life cycle of humans is amazing where we lose another and get even smarter and betters. In this cycle, many have not have gotten an opportunity to show the talent because of college tuitions rising every year. There have been different college grants and some help on college fee if you are under poverty level. Education should not be compared with the price, we can buy a nice dress with a good price but we cannot buy an education at a price
In the United States, college should remain an accessible opportunity for Americans. Any one who is willing to put in the hard work and effort to make their future better, should be secured an education. A college education is important to one 's future and can make a huge difference in how successful someone can become. There have been multiple presidents and politicians offer a solution to higher education costs being so high. The solution is to make taxpayers fund the tuition dollars. The tuition for college and universities everywhere should be shared between the government, students and families, states, and the colleges and universities themselves. College should be more affordable, but it should not be 100% taxpayer-funded tuition.
As a freshman college student I believe that college tuition is much higher compared to what it used to be. One reason why it continues to increase is mainly because of the significant amount of loans that are borrowed by college students but are not getting paid back; however, does anyone ever wonder where does the money that is put into colleges go to? College professors are not the reason that college cost so much; in addition to, the money also goes towards sport teams, scholarships, and construction work in order to expand the campuses (Carey). “Tuition at Stanford University in 1980-81 was $6,285. Thirty years later, Stanford’s tuition had risen to $38,700. Tuition in 2011-12 is $40,050,” Goodman stated. With that being said college tuition should be regulated because it would be more affordable, students would not feel as pressured, and the country’s debt will slowly began to decrease.
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.
One of the culprits hindering higher education for Americans is the tuition rates. A report by the Delta Cost Project indicates that if tuition had grown in pace with inflation, the average tuition at in-state public colleges would only have been $2,052 in 2010. The actual price of tuition was around $7,500, and it is increasing at around 5% per year, about twice as fast as the rate of inflation. Whereas everything else in the economy doubles in cost about every 32 years, college costs have been doubling around every 15 years. In a paper published by the National Bureau of Economic Research, titled How the Changing Market Structure of U.S. Higher Education Explains College, the author, Caroline Hoxby, states that universities have little incentive
Accelerating tuitions causing student debt loans are making college education harder for students, mainly those of low income. College acceptance has become a large competition across America between all students to get as many good scholarships as they can, leaving those who have no money stuck behind scrabbling for whatever they can get. Since 1978, college tuition has raised up to 1,122, making it the highest tuition fee in American History. All while decreasing the amount of lower class students going to college. American colleges need to lower tuition fees in order to create more opportunities for future generations, having less Americans in debt, and stop seeing college education as a barrier but instead.
Should students who are pursuing or are within higher education be expected to receive students loans solely for college payments? If so, then, will students definitively benefit in college classes and nonetheless feel satisfaction in knowing their money is being used properly? The answer may be difficult to determine and especially understand, but the answer is nonetheless related to whether graduated students have acceptable methods of payment for education. In fact, the authors of “Are Colleges Worth the Price of Admission” in They Say, I Say, Andrew Hacker and Claudia Dreifus, argue that college leaders are becoming more inclined to encourage student loans and tuition charges rather than being concerned or dedicated with their role in challenging and educating. However, Hacker and Dreifus propose multiple changes colleges can implement to reduce the possibility of students loans and debt after graduation.
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.
A big question going through the minds’ of high school juniors and seniors is whether or not the cost of rising tuition, living fees, and books is truly worth the degree. The following articles discuss this topic and give specific details, statistics, and real world examples about the cost of college. Many colleges have recently raised their cost of tuition, discouraging many from considering going beyond a high school diploma. But what most people do not realize is the expenses that come with tuition. There are many fees for different classes, depending on what class and major is being pursued, the cost of books, and living expenses such as rent, utilities, transportation and meal cost. All of the
According to “Trades Schools, Colleges, and Universities”, it states “If a lot more people are able to earn college degrees, then the value of those degrees could decrease. And that could lead to a rising number of workers who are underemployed based on their qualifications.” This citation shows how the competition that currently occurs between people based on their degree or if they attended college would vanish. Everyone would be on an equal playing field and there would not be anything to separate the extremely intelligent to the average. Since everyone is at the same level, it makes it more difficult to get hired for a job once college is over. Students must do activities outside of school to make up for their loss. As a result, students may be in the mindset of why go to college if it won’t impact them later on, so free college would have no purpose what so ever. There should be some type of payment in order to attend
On the other hand, some people may say that if this happens, taxes will be raised and the expenses of daily needs will cost more than ever. Also, people may say that that’s what scholarships are for. Professors and teachers wouldn’t be able to get paid if the college had no income. However, many colleges could use donated books and supplies to cover the expenses of school. Scholarships do not apply to everyone sometimes; there are very slim chances of getting a full ride to pay all of our college fees. As for the teachers, our government should be able to provide a weekly income of money for these teachers and staff.