Dr. Owen Phillips you will be interested in my report regarding the impact on the market for four-year colleges and two-year colleges. While also showing some analysis on the market for two-year colleges and four-year if the proposal for free education of two-year colleges was approved. There is some uncertainty with this proposal and its effects on certain four- year colleges. Tennessee is the only state who as implemented this new proposal of free two-year colleges. Their example should be used to see the effects of both two-year and four colleges and the impact it had on the supply and demand of each market which have ensued since. An important factor in determining the effects on the market for both colleges is the students, ultimately …show more content…
But since the recession it more traditional students, unemployed individuals, and adults returning to school have considered 2-year colleges rather than the traditional 4-year college.
Current Demand for Two-Year Colleges Presently the demand for both seem about the same, it all is determined by what a student is looking for at the school. A student might be looking for a school with cheaper tuition in which the demand for 2-year colleges goes up and the demand for 4-year school goes down. “According to the College Board, the average cost of tuition and fees at a two-year school is only $3,131, just over one-third of the cost for a year at a four-year public institution.” (Couch, n.d.). This cheaper tuition draws more students who are being economically thoughtful with their decision. 2-year colleges offer different options after two years you can continue your education at a 4-year college after you save money or while at the 2-year school you could have went into the vocational studies and receive an associate’s degree toward those studies pursuing an trade. A negative effect on the demand for 2-year colleges is that some might believe that a student is not paying for the entire college experience. They might miss out on the, making new friends, going to social events and sporting events. The overall experience of being social and participating in a community that you called your
For some students, the question of what to do after high school may be a burden to even contemplate as it approaches quicker and quicker. The pressure to continue another four (or more) years of education after high school can be overwhelming considering twelve years of schooling has already been completed; why go right back to school again? When’s break time? Some people are simply just not ready for college and they know it, or at least until after they have had a long break or have had some time to recollect themselves. Technically speaking college isn’t for everyone, nor is it necessarily needed for a career. Luckily today, there are many other options that potential career seeking beings can get a head start on such as community colleges and trade/vocational schools. These alternatives to a four year college are considered to be a good start on a job (and maybe even a career). The best benefits of these alternatives involve the cost of attending, the student environment, and the degrees offered.
College has become a norm in today’s society so much so, that the average costs of higher education are not really discussed. A public two-year in-district college was $3,520 for a full-time undergraduate student in 2016-2017 (Baum 68). Baum also declares that a public four-year in-state undergraduate tuition was $9,650; a public four-year out-of-state college cost $24,930; a private nonprofit four-year college costs $33,480; and a for-profit college cost $16,000 for that same school year. (68). Across the nation, figures will vary because of the obvious geographical region differences, but also because of price discrimination. Price discrimination allows institutions to discount their prices for a lot of students (Baum 79). Institutions do this based on individual student circumstances, and it segments the market. Institutions
There are some students that can barely afford a community college, and community college prices are not as high as four year universities. Many people in the US wants to go to college and
Compared to a four year University price is a major difference with a two year, Community College price. For many people, money is the main reason for not going to a four year University. People do not want to go into debt, and have to keep paying tuition all there life. Which is great way to start off your college years. Especially, if you plan on going to college for years, for a major! Most students usually choose a Community College to save on money. For instance, private universities are much more expensive. In fact, in an article by NCES( National Center for Education Statistics) shows, "... between 2003–04 and 2013–14, prices for undergraduate tuition, fees, room, and board at public institutions rose 34 percent, and prices at private nonprofit institutions rose 25 percent, after adjustment for inflation." At a public university, cost could be up to $8,000. Now a private university, is most likely twice the tuition at a public school. If you add on other living expenses, the overall cost, could average up to over $20,000. Now, if you add books and food to that cost that could add up even more money around $5,000 or more. At a private university, you could be paying over $45-60,000. At a community college
In United States, there are generally two types of post-secondary institutions; two-year colleges which are commonly known as community colleges and four-year colleges which are generally referred to as higher universities. Although they all play important roles in educating students and helping people get their start in career life, it may be helpful to keep their basic differences in mind before one apply to either of them.
One of the best benefits about a two year school is the small class sizes and opportunity to know the professors well. Whereas, a majority of the four year schools have large class sizes in enormous lecture halls with professors the students rarely get to know. Small class sizes allow individuals to receive the help they need in order to master the subject and have their questions answered directly by their professors. Being able to know professors on a first name basis allows for students to build relationships with professionals who can help the further down the road in their major and career. These relationships can provide the students with opportunities from recommendations, internships, and advice from the trusted professors they are privileged in knowing. Students at most four year
Today, many people seek higher education for a better advantage in finding a job and getting a better life. Even though many people think going to a four year college directly from high school is a good idea; they are wrong. Starting out at a two year community college is more affordable. Also, it helps people explore careers and prepare people to do better in four years college later down the road.
Research indicates a steep upward trend in the cost of higher education throughout the 20th century. In recent decades, America has witnessed a widening gap between inflation and tuition. An incoming freshman at a typical college incurs charges for tuition, university fees, books, room and board,
Attending a community college has several benefits such as the low tuition and book fees, smaller classes, and experienced teachers at an affordable cost. In this two year period students also have the time to mature and get serious about their career before they get into the four year institution
This paper will first give a brief introduction on community college in the United States—its past and present. Then it will examine four main purposes for students attending a community college today. In the next part, an economic comparison between community college and four-year university will be given with a focus on two specific programs. At last, implication and conclusion will be presented.
College is a head turner, eye catcher, and attention grabber. From making the decision to even attend to selecting the perfect school, the whole experience turns out to be incredibly stressful and multiple aspects go into what seems simple at first glance. The cost of attending college is on the rise. Parents and students anxiously await scholarship letters to help with these rising costs of education. State schools usually offer a financial advantage, but a new “law” is being proposed - free in-state college tuition to those students with a 3.5 GPA or higher. Few benefits are available and numerous disadvantages are present when it comes to this recently produced regulation. A few negative factors in this situation will be covered and the explanations will go into depth to prove that this idea is too good to be true. Even though the conception of free college is enticing, the cons outweigh the pros.
Like Liz Addison; I believe two year colleges are better than one. Community colleges allow students to
Tuition cost plays a vital role in deciding whether to attend a community college or a four year institution. According to Susan Stafford, “Tuition for community colleges is affordable while tuition costs at public institutions are usually at least twice that of a community college” (1). The tuition cost in universities can be overwhelming and highly unaffordable, This have caused many students to graduate with s heavy loads of debt but by attending a community college, an individual can
Over the same period, in state tuition and fees at public four-year institutions increased more than two hundred and twenty percent from $2,175 to $7,030. ( Marcus, J). This suggests that less money is being spent on students education and more is spent on non instructional activities, such as administration and faculty research. Rising government bursary have increased the quantity of education request. This means that the rising cost of a college education is due in large part to the increased financial aid available rather than any general improvement in the value of
After people graduate high school the next step is college, but which type of college is the better choice. Either a community college or a four-year college. That’s a personal question depending on several factors such as financial status, major of interest, job placement, and demographics. After that’s all figured out, then comes the important step of applying to the college. Having further knowledge on the differences between a community college, and a four-year college may help a student understand what’s the next step.