The Consequences Of College Tuition

Neill provides data on the increase of amount of students working full-time and part-time jobs during their education. She shows how this has been increasing since the 1970’s and more students are having to work while attending college to pay for expenses. This source also helps demonstrate how a shrinking middle class is affecting college students because low-income students need to work during college. It also provides more evidence on how increasing tuition is affecting students in general.

College tuition has been an increasingly intense topic of discussion over the years. The costs of higher education have been debated by many people, and it has been discussed as to whether costs are becoming too high for students to afford. College has become more and more popular, and now as many as 20 million students attend universities reported by The National Center for Education Statistics (1). The value of a college degree is immense, but college tuition is becoming too expensive for students to afford, and furthering the problem are students’ lack of knowledge on how to pay and earn money towards their college degree.

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.

Finally and most importantly you need to make sure you are financially prepared to pay tuition for the semester.

College tuition should not be free in any means necessary. Students would not take college seriously if there was no price. College students would totally take advantage of the opportunity to go to college for free and completely blow it , it would even the playing field for everyone to be equal because college tuition is what keeps everyone else out. College would then be accessible to anyone who wanted to go.

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.

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.

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.

The price of college can be extremely overwhelming to incoming students. Many students take the student loan route, as in the 2012-2013 school year, around 10 million college students took out a loan for college, meaning lots of debt. $1.3 trillion to be exact. It’s 39% higher than it was 4 years ago, and like what was said earlier, there is no sign of the price of college going down anytime soon.

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.

In the article Wolfram communicates that the federal government is spending tens of billions of dollars in providing federal aid to student that are in college, through many actions like grants, loans and tax programs. But there is still yet to be evidence that suggest that these so called programs or policies have helped to decrease student loan debt and provided an aid to those attending college. Wolfram mentions that the federal government this year has purposed that federal tuition aid on college cost will undergo a phase where federal assistance will slowly die down. Wolfram states that the federal government will try to create a legal structure

The problem, of course, is that the cost of college tuition has skyrocketed. Students and their families are getting buried deeper and deeper in debt trying to pay for college. Public universities, once havens of affordable, quality college education, have been hit the hardest. Almost every state in America has cut, and/or is cutting funding for higher education (Ortiz 1). It’s a problem that has quickly become a national crisis. The cost of college is very high compared to how the economy has been and how wages and financial aid have not risen with the cost of tuition. This makes it harder for students to graduate and brings a lot of stress to their lives. Without the funding that is needed many students drop out or take a longer time finishing

Furthermore, tuition annual rate has an outrageous inflation relationship with time. In Josh Mitchell and Andrea Fuller Wall Street Journal it states, “Among the four-year schools in the Journal's analysis, the average increase in tuition and fees was greater than 75% in the past decade, outpacing inflation.” (pp9). As college tuition continue to increase, the more individuals will be in debt. While the importance of a higher education increases the chances of becoming successful, more people will gravitate towards higher education knowing that loans will always be an option and having the idea that debt is normal to ensure a stable future. Not only will this start to affect individuals but the government will eventually suffer. Wight Martindale Jr states, “…too much money spent, too little achieved.” (Martindale), this explains how higher education can bring one a tremendous amount of debt with a bunch of stress. He also talks about how it is a bubble, this is a bubble that many students hate to be in. This bubble is known for being unable to burst which is a problem for multiple students because college shouldn’t be about money and stress. The more money the government give out and not receive as much in and they borrow from different countries, the country will stay in debt itself.