The Rising Cost Of College Tuition - 976 Words

In recent years, the soaring cost of college tuition has angered many students and parents, leaving many wondering where they will come up with the funds to pay. While college is still a pretty sound investment for most career paths, the cost of an education has outpaced general inflation by almost double, leaving many families simply unable to shoulder the fiscal burden without incurring large amounts of debt. How did we get to where we are today? A big part of it has to do with how colleges themselves have changed and the ways our cultural outlook on higher education has evolved. More students than ever are heading to college, and expect better resources from schools each and every year. But have colleges gone too far? Part II.A discusses the history of congressional acts that have over the years increased federal educational spending while showing how college tuitions have drastically gone up. Part II.B examines how the continued investment in college at current and future pr ices will affect society. And Part II.C assesses different countries debt problems, why they are not in as much trouble as the U.S. and what we can learn from them. A. College Costs Don’t Match Inflation Over seventy years ago, college seemed like a distant dream for many Americans who believed college was only for the wealthy elite. Presently, many young Americans and their families may still feel the same way. College tuition has gone from affordable to sky-high. Tuition has far outpacedShow MoreRelatedThe Rising Cost Of College Tuition855 Words   |  4 Pagesmoney through new technology platforms, and are the most educated generation of all time. Young adults are experience a higher level of poverty than any other age group. Young adults have been suffering greatly due to the rising cost of education and living. The cost of college tuition makes it even harder for them to achieve financial assistance. The amount of student loans debt in America is roughly around one point eight trillion dollars. Factors like the minimum wage also make it harder for youngRead MoreRising Cost Of College Tuition2509 Words   |  11 PagesPower, Privilege Rising Cost of College Tuition in the U.S The increasing cost of higher education in the United States has been a continuing topic for debate in recent decades. American society emphasizes the importance of education after high school, yet the cost of higher education and advanced degrees continually rises at a greater rate than inflation in the 1970’s. According to the Advisory Committee on Student Financial Assistance, cost factors prevent 48% of college-qualified high schoolRead MoreCollege Tuition And The Rising Cost Of Education Essay2116 Words   |  9 PagesCollege has been sold to the American people as the key to a better future. Complete the four-year degree program and watch oneself rise from the poverty of lower class to the white picket fence middle class dream. This may have been the case in the 1970’s, but college students today are facing over one trillion dollars in combined student loan debt (Denhart 3). In fact, the price of college has increased higher than any other good or service since 1 978(Ivory Tower). With the cost of tuition skyrocketingRead MoreWhat are the Problems of Rising Cost in College Tuition?1323 Words   |  6 PagesWhat are the Problems of Rising Cost in College Tuition? College fee is the main factor that depends on which institution of higher learning that a student is likely to join unless awarded a scholarship. It directly depends on one’s financial capability. The poor afford the cheap and less desirable intuitions that they can be able to afford while the rich can get access to high class type of education. Policies exist that govern the ability of institutions increasing their fees and at the sameRead MoreThe Rising Cost Of College Tuition And Student Debt1221 Words   |  5 PagesThe rising cost of college tuition and student debt is a necessary evil. Many students will gladly undertake the burden of having debt in order to attain what they seek the most, a college degree. A college degree is a prestigious accomplishment; a testament to a student’s iron will. It stands as a symbolic achievement, carrying the hopes and dreams of the families who didn’t have the opportunity to continue their education. Even if the United S tates manages to implement free college tuition andRead More Fighting Rising College Tuition Costs Essay2245 Words   |  9 Pagesuneven financial aid, or economy downfall: there are reasons all across the board as to why the cost of college tuition is getting out of hand. Envision a senior girl whose heart had been set on her dream college for years. An elite, honorable college where everyone seems to want to go. She has been telling her parents from an early age she was going to one day be a member. While on a visit to the college in late fall of her senior year, she fell in love with the beautiful campus which seemed toRead MoreThe Effects Of Rising Tuition On Students Choice Of Future Career Field1308 Words   |  6 Pagesof Rising Tuition Costs on Ferrum Students’ choice of future career field Christin C Hyslop Ferrum College Fall 2014 The Effects of Rising Tuition Costs on Ferrum Students’ choice of future career field Introduction Do rising tuition costs affect Ferrum College students’ choice of major? Descriptive research will be done to determine if there is a relationship between rising tuition costs and Ferrum College students’ choice in major. A sample set of students attending Ferrum College willRead MoreRising College Tuition in America661 Words   |  3 PagesRising College Tuition in America â€Å"College Prices Soar Again!† â€Å"Budget Cuts Cause Even Higher Tuition!† â€Å"Higher Education Now Even Less Affordable† These are all statements that have been seen all over the media: newspapers, magazines, television, and radio. (3 SV: SV) Rising college tuition in America has been a problem for years. Many students drop out after a single year due to the pricey costs of tuition. The rapid rise can be attributed to many aspects of the economy, not just a single sourceRead MoreCauses Of Student Debt902 Words   |  4 Pagesof factors including rising tuition, decreases in government funding, the shift to student loans, and increases in the overall costs of college. Unsurprisingly, the cost of college tuition has skyrocketed in recent years, contributing to rising student debt. Rising tuition costs are making this debt problem extremely worse: â€Å"The average list price for tuition and fees has risen 114 percent, to $9,410 in inflation-adjusted dollars, over the past 20 years† (Farish, 1). Tuition is usually a studentsRead MoreShould College Be A College Education?1614 Words   |  7 Pagesaccess to higher education. College is an incredibly integral step into adult-hood, and while there have been those that have seen large amounts of success without a college education, statistically speaking, you’ll be hard pressed to find a position in the field of work you prefer. Ironically, in today’s economy, you’ll be hard to pressed to find a job in your desired profession even with a college education. Over the years, college has seen unending rising tuition costs, largely in part to the economy