UC Tuition Case Study

In 1980, the average cost of tuition, room and board, and fees at a four-year institution was $9,438, according to the Department of Education. Today that amount will not even cover room and board. Our education financing system is broken and needs to be addressed.

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

The cost of tuition for California State Universities has skyrocketed over the last 10 years. It has forced many students to take out expensive student loans to complete their educational goals, often times leaving graduating college students steep in debt as they enter the workforce. Some of the contributing factors that I am going to address are inflation, the rising cost of living and the varying costs of different educational institutions

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,

There is somewhere between 902 billion dollars and one trillion dollars in total outstanding student debt today, and around 60 percent of college students borrow money annually to pay for their tuition and books (Ghannam). Seven out of 10 seniors (69%) who graduated from public and nonprofit colleges in 2014 had student loan debt, with an average of $28,950 per borrower.

The state of California has long been reliant on the University of California system to provide its resident companies with skilled and educated business, technology, and science leaders. Highly regarded as one of the top educational systems in the world, the University of California boasts a high number of distinguished and respected faculty members in almost every field of study. However, while most private colleges and universities have learned how to streamline their processes in order to better respond to stakeholder needs, public educational institutions, such as the University of California, have not been willing to control their bureaucratic growth resulting in a rise of tuition rates and a decline in the level of student satisfaction. In her article for the TIME magazine, Kate Pickert writes that as recently as November of this year the University of California has approved a plan that could raise tuition rates by up to 28% (Pickert). Pickert also points out that the tuition rates at the University of California have more than tripled since 2001. The University of California has blamed the increased tuition on the state of California budget cuts caused by the economic downturn of recent years. However, a closer examination of the University of California faculty and administration data makes it obvious that the higher rates of tuition are cause by the inability and

In the United States there are already a few different states that are offering free college tuition. Those states being, Rhode Island, Tennessee, San Francisco, New York, Oregon and a few others. Let’s focus on the state of San Francisco a little more. In the article “San Francisco will offer free college tuition to residents” Amanda Hoover states, “Mayor Ed Lee announced an agreement to budget $5.4 million in tuition for the college Monday. Officials say that will cover tuition for current students and allow the school to expand enrollment by 20 percent. Low-income students who qualify will also see the cost of their books covered in small grants.” This will give hope to those which don’t have enough money to afford

College is an expensive place for teenagers our age to go, and for just now being an adult they have a lot of responsibility. As a result of this the average class of 2016 graduate has $37,172, in student loan debt, up six percent from last year. I feel like this is too much and that most students need money to pay for books and food and everything else. It is unfair how they need to do such things and do not get money to help them out while doing so.

Amherst College, Coolidge’s alma mater, now costs a good $64,000, eight times larger than the cost in 1891 of $8,000. With this, undergraduate students, on average, leave college with around $30,000 in student loan debt. According to Bloomberg, college tuition and fees have increased 1,120 percent since records began in 1978. Despite the high rate of change with regards to tuition, medical expenses have only risen 601 percent and the price of food has increased 244 percent. Along with the high financial toll of college, it seems as though many of those who attend college aren’t fully committed to it. 54% of all Americans who enroll into college eventually become dropouts and, according to Bloomberg, these dropouts make up a quarter of America’s richest people.

To let in some light about the topic; Average debt in the US is at very high rates. “Studies show that there is no better short-term or long-term investment for the rest of society than higher education” (Page). College is expensive, let's make it more affordable. “This topic Deserves an open mind and a balanced exploration of the potential benefits, drawbacks, and alternatives” (“Should”). No matter the topic there is drawbacks. With free tuition there are not many to talk about. “As of the 2013-2014 school year, the countries with tuition-free public higher education included: Denmark, Estonia, Finland, Norway, The Slovak Republic, Slovenia, Turkey and Germany. Free college, in Europe especially has proven to be a popular idea” (“Should”). Other major countries are successfully improving with free college tuition. US students want to add America to that list.

A "moderate" college budget for an in-state public college for the 2015–2016 academic year averaged $24,061. College is an extremely costly experience that limits most people from not coming into the graduation range due to the debts they would never be able to pay back throughout their life. Community colleges should have a free tuition so that upon attending, lower debt on students, a healthier lifestyle, community improvement, availability, and a smarter country may be implemented with the students.

The cost of getting a college education has risen over the past three decades. Comparing it to the housing and medical care markets, it has risen considerably more than them. The current student loan debt, has risen to an astonishing $1.2 trillion dollars, the largest ever recorded. Student loans are just now a burden on our society, yet no one is surprised about the amount of debt the students are in. Yet is is extremely

More than half of the students under the current financial aid program pay no tuition. Most of the financial aid that California students receive is what covers tuition but the thing that makes students have to take out loans are the things financial aid does not cover like housing, food, and transportation. The state wants to fill the gaps of what federal financial aid and student and family contributions do not cover. The cost to fill the gap would vary depending on several factors like financial aid being only limited to full-time students and if they would get this assistance each year. Unfortunately the cost to allow students to graduate debt-free would be around $3.3 billion (Fermin Leal). A way that they have found to pay for this is by implementing “The $48 Fix”. This tax plan will cost a median-income household $48 a year, two-thirds of the state's households will pay less than $150 a year, and the top 5 percent of income owners will pay $7,100 a year (Jason Rejali). This tax plan can not only eliminate the student debt in California but it can also decrease the tuition for college, which gives students that don't have the resources to pay for college a chance at higher education. Easing the burden of these students and allowing their focus to just be on their academics will surely benefit the state once they have graduated and are out there

According to MyBudget360, college tuition has skyrocketed over four hundred percent since 1984. Now, the average tuition rate for private universities in America is over $31,000 and over $9,000 for public universities. Not only that, but thirty-seven million Americans have outstanding student debt and thirty-seven percent of college students look for a job requiring no higher than a high school diploma AFTER they graduate. Tuition has tripled, graduates have outstanding student debt, and in addition to that, graduates look for menial jobs where even a high school diploma is not necessary. College expenses definitely adversely affect students and graduates in the long run.

Researchers found that with all these expenses, colleges are not spending roughly the same amount of money resulting in the rise of tuition cost. For example at public research Universities, spending increased close to three thousand dollars per full-time students (Matthew, 2013).