preview

U.s. Higher Education Costs And Prices Essay

Better Essays

Most individuals would think that the college institutions would respond with proper accommodations for their students and provide the jobs they have trained them for, but this is not the case. Unfortunately, college tuitions show no sign of digression but rather inflation to coincide with our current economy. An example of this is seen within private institutions, where a valued higher education is given and sought out after by employers, but is only obtained by the few who could afford it. The article “Recent Trends in U.S. Higher Education Costs and Prices: The Role of Government Funding” explains this relationship in the ways that
Among private four- year colleges, those with endowments exceeding $25,000 per student have increased their net tuition revenue per student nearly three times faster than those with endowments of less than $1000 per student, and have increased their educational and general spending almost twice as fast. (McPherson, 254). The private institutions that are generally desired by the public and future employers of the community are inflating their cost and spending that money with a pace that other colleges with less ‘endowments’ could ever achieve. Private schools within the United States are growing and flourishing while public schools, which are typically more affordable, struggle to acquire such strong assets to establish desirable provisions that employers want. Although these prices are high and growing, some would argue that this

Get Access