The Problem Of Higher Tuition - 855 Words

During the last few decades, a recent trend has been occurring: students are increasingly acquiring more student debt. According to the College Board and U.S. Census data, over the last few decades, the cost of a 4-year college degree has risen by 250 percent (Washington and Salmon 38). According to the same data, the average family income has only risen 16 percent during that time period (Washington and Salmon 38). This information proves that there is a serious problem going on, as there is clearly a shortage of income needed to pay for college. Therefore, students are having to take out larger educational loans. As a result, there has now been an intensive obligation to find out the factors contributing to this trend. Higher tuition is an obvious cause, but in order to understand the issue at hand, the unnoticeable causes need to be addressed. Students are obtaining large amounts of student debt because of a higher influx of qualified applicants, expectations of an ideal campus, a nd students being uneducated about the loans they are taking. One cause of the increase in student borrowing is an increased amount of applicants. There has been a growth of students extending their education to postsecondary schooling, which means a higher output of college applications. Unfortunately, institutions can not properly adjust to this change and accept students at the same rate. In fact, in 2013 the U.S. Census Bureau reported that during the prior fall semester nationwide,Show MoreRelatedThe Cost of Tuition Among Colleges and Universities in Highly Diversified and Indefinite926 Words   |  4 PagesThe cost of tuition among colleges and universities is highly diversified and indefinite. Students shouldn’t be financial problems that are associated with the high tuition cost for their education because it creates unnecessary stress and financial problems. The student’s primary concern should be their academic performance and learning. The tuition fee inclu des extracurricular expenses such as lifestyle amenities that may not be essential toward the student education yet they are still being chargedRead MoreShould Taxpayers Fund College Tuition? No?909 Words   |  4 PagesTaxpayers Fund College Tuition? No Dear Representative John Kline, Executive Summary: In the United States, college should remain an accessible opportunity for Americans. Any one who is willing to put in the hard work and effort to make their future better, should be secured an education. A college education is important to one s future and can make a huge difference in how successful someone can become. 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However, there are more and more students strandedRead MoreEssay On Tuition1072 Words   |  5 Pagesyears, so they have hired you to help them in their last attempt to find an appropriate solution so that the university can survive. Raise or lower tuition? Suppose that, in an attempt to raise more revenue, Nobody State University increases its tuition† (Amacher Pate, 2013). By looking at a raise in tuition and determining if it will have any higher revenue, describing the conditions on whether revenue will increase, decrease or remain the same, how the process of revenue is at Nobody State UniversityRead MoreThe Driving Forces Behind College Tuition Essay1296 Words   |  6 PagesThe Driving Forces Behind College Tuition Hikes Higher education in the United States was introduced in 1636 when Harvard University first opened its doors. At the time, college was seen as an exclusive institution, typically reserved for the wealthy elite. In the 1600’s, a college degree was not necessary to get a decent job and make a living; therefore, there was little demand. Since then, public opinion and attitudes about higher education have changed significantly. In today’s job market, a collegeRead MoreStudent Debt Owed By 40 Million People1222 Words   |  5 Pagesnumber is huge and significant. But does it mean free public college tuition will help solve the problem? II. Free public college has been a controversial topic as Bernie Sanders advocates this issue on his campaign. A. People have been talking about how free public college tuition can bring a bright future to the United States. B. 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