The High Price of Education Essay

988 Words 4 Pages
The High Price of Education


Once again, students at State University will pay more in tuition during the 2005-2006 academic year, by a 4.5 percent increase. The State Board of Regents was presented with a proposed 5.2 percent increase at its September 23-24 meeting in Capital City, but decided this month that a 4.5 percent increase in tuition was more reasonable. Even with the additional services that could be made available by the tuition hike, the students should not have to pay this increase.

According to the memorandum, the tuition proceeds at State University will go toward student financial aid, inflation, library acquisitions and services, learning communities, the four-year graduation plan, study-abroad programs, graduate
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Along with the stress that these students will already experience adjusting to college life, the additional financial stress created by a raise in tuition could prevent some from pursuing a higher education. Then, how many potentially great individuals are being denied a "quality" education? How many future doctors, discoverers, and teachers are we sacrificing to "improve" our already high-quality university? Losing quality students due to costs offsets any improvements provided by additional funding. As you can see, the tuition increase will have ramifications for enrollment at Iowa State.

Many people argue that the tuition at State University is already lower than eight out of its eleven peer universities, which include Michigan State University, the University of Minnesota, the University of Illinois, the University of California Davis, Ohio State University, the University of Purdue, the University of Wisconsin, and the University of Texas A&M just to name a few. But, what they don't realize is that this doesn't mean that it is affordable for most students especially if they're considering raising the cost of tuition. One could also say that State University's tuition is very low if they were comparing it to Harvard, which charges its students about $27,000 per academic year to attend. While it's obvious that not all students can afford to be Harvard graduates, it's not always apparent that State University could be unaffordable as well. Just because State…