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The Impact Of Rising College Tuition On College

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The Impact of Rising College Tuition on Current and Future Students
If typical American families were asked to define the importance of modern day young adults attending college and earning a degree for their long term success, the overwhelming majority would strongly attest that higher education is not just important, but essential if long term financial and occupational success is to be sought in today’s insufficient job market. This widespread belief isn’t inaccurate by any means, either- various statistics prove it to be a logical assumption. For example, 2012 data concludes that “full-time workers with bachelor's degrees earned 60 percent more than workers with just a high school diploma” (Holland). Why then, are so many young students concerned with college acting simultaneously as a hindrance for their ambitions, rather than solely a benefit? Indeed, the modern cost of attending a college or university places a seemingly innumerous financial burden that limits the very opportunities higher education seeks to provide. Average tuition, fees, and room and board at a private, non-profit, four-year college grew from $30,664 in 2000-01 to $42,419 in 2014-2015; at public, four-year schools, costs for the 2014-15 school year, at $18,943, shot up from $11,635 in 2000-01 (Holland). The consequences of universities’ unreasonably high fiscal standards are proving to be detrimental towards the growth potential and likelihood of standard success in prospective, current, and

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