Raising Tuition Rates - 1074 Words

Raising Tuition Rates Tuition rates have been rising exponentially since â€Å"World War II and the GI Bill†¦Ã¢â‚¬  which allowed for, â€Å"†¦an explosive increase in the number and proportion of Americans who go to college† (Nathan 148). This change, though largely due to inflation, has been rising past what families can afford to pay, and has led to difficulties for students exiting high school. These difficulties have been seen by campuses, and many already have a plan to help these students pay for the rocketing tuition prices. This escalating problem has been caused by multiple entities, individuals, and ideals. Firstly, between 1985 and 1995, the federal and state funding has decreased by almost twenty-five percent, and since then has decreased to account for only fifty percent of the public university’s budget, as more of the government’s money has been allotted to the needs of the country’s healthcare, welfare, and prisons. Also, unive rsities have increased the percentage of their budgets allocated to administration roles, mostly in an attempt to influence government and to market their degree and certificate programs (Nathan 149). Furthermore, a study performed by, â€Å"William Bowen, now president of the Andrew W. Mellon Foundation, attributed tuition rising faster than the rate of inflation primarily to the nature of the educational process, which did not permit academia to share in the productivity gains that caused earnings growth in the rest of society†¦Ã¢â‚¬  and to the â€Å"Winner TakeShow MoreRelatedThe Tuition Fee Cap Of Universities Essay1726 Words   |  7 PagesINTRODUCTION in 2012, the tuition fee cap of universities in England increased to  £9000. Wales, Scotland and North Ireland also raised their fee. With the agreement of the parliament, the UK government allowed universities to charge Students up to  £9000 per year instead of the  £3375 in the previous two years. This contentious policy leads to protest in London and strong objection among students and schools. The opposition argued that raising the cap on tuition fee will put huge pressure on both universitiesRead MoreStudent Loan Is The Most Powerful Weapon1302 Words   |  6 Pagesthat cannot be taken away. This is what makes it so powerful, conventional weapons break down, fail, and can be taken while knowledge cannot be. Sadly student loan debts are increasing at an alarming rate. The days of working all summer or part-time throughout the school year in order to pay tuition are long gone and private student loans are the only viable answer for many students aspiring for a professional career. I believe that student loan forgiveness is an issue of the utmost importance inRead MorePresident John F. Kennedy1232 Words   |  5 Pagesa roadblock with the rising prices of college. The average American income cannot keep pace with rising college prices because colleges and universities are building up their schools, creating debt, and putting the burden on their students by raising tuition prices. The average American income cannot keep pace with rising college prices. During Clinton’s presidency, the nation experienced a flourishing economy. Millions of jobs created in the growth of the economy and as a result, unemploymentRead MoreNew College Compact Or College For All Act?1555 Words   |  7 Pagesstudent debt. According to the Federal Reserve Bank of New York, student loans have quadrupled since 2004, to $1.2 trillion (Brown). This insurmountable debt is an astronomical problem for Americans today and more so, for future Americans. College tuition has been rising for the past 40 years and will continue to do so exponentially. In an asset management report done by J.P.Morgan in 2014, the firm projects the cost of private universities to be at roughly $90,000, and $40,000 for public four-yearRead MoreAnalysis of Tuition Fees in the UK693 Words   |  3 Pagesï » ¿ Introduction The tuition fees in the UK (United Kingdom) universities are the most expensive in the world. The tuition fees were first introduced in September 1998 in the UK as a means to fund the undergraduate programs across the universities in the UK. Between 1998 and 2003, the UK students were required to pay up to  £1,000 a year for the tuition. However, in January 2004, the UK government increased the tuition fees that universities were allowed to charge across the UK. In 2009, the universitiesRead MoreHigh Cost Of Higher Education1195 Words   |  5 Pageseducation system in the U.S. has experienced a significant increase in college tuition over the last three decades. If this trend is allowed to go on unchallenged, the likelihood of most students being unable to meet the high cost will be very high in the coming years as there are already notable signs of this happening. According to education expert Philips Elliot from the Christian Science Monitor (2013), the tuition cost for students attending the public two-year schools went up by 6% in 2012Read MoreCollege Tuition Cost On A Rise Essay1254 Words   |  6 PagesCollege Tuition Cost on a Rise The rising cost of education in Texas colleges started in 2003 when the deregulation was lifted. Then, soon after, the Texas State legislature cut the education budget because of a drop in the economy in 2008. The cut in funding and the removal of the deregulation law allowed colleges across Texas a way to recoup lost resources by raising the cost of tuition. The raising cost of tuition has limited the amount of attending students from graduating in the expected timeRead MoreFree Education : Should Not Be Free?867 Words   |  4 Pageseducated people in this country will potentially increase the job availability. Making education free in America will raise taxes and help student debt. America’s youth is being discouraged to receive an education because of the high tuition and high interest rates on student loans. Many students who are in higher education are also being discouraged because of the low job opportunities after they graduate from school. Many countries have made the education system completely free to ensure that peopleRead MoreHigher Education Act901 Words   |  4 PagesEducation Act, is an attempt to increase enrollment rates by improving the affordability of a college education through raising financial aid eligibility to in need students. Over the last four years this rise in the federal budget for student financial aid has inflated the cost of a college education to an all time high. Due to these increases in student loan availability, not only has the student debt rate been at an all time high, but graduation rate has been at an all time low. This Higher EducationRead MoreWhy College Tuition in America Should Be Lowered1496 Words   |  4 Pagesï » ¿Why College Tuition Should be Lowered By Sarah Claymiller What could you do with $14,000? Well, you could buy 4,000 Whoppers with that money. You could also buy 35 IPads, and 4 80 inch flat screen TVs. Or, instead of those things, you could buy yourself one year’s worth of college tuition. Does it seem a little unusual that only one year of tuition costs that much? It might be if you live outside of America; the United States is one of the biggest spenders on secondary education compared to other