College vs. Economy
College tuition has been going up faster than inflation. Since around the 1970's, cost of annual college tuition has increased by over 2,000 percent. This rise in tuition is permitting students from attending the college of their choice, let alone college all together.
Annual college tuition is rising because. . .
Annual college tuition is rising because. . .
-States are paying less than they used to, so as state budgets decrease, student's cost for education rises.
-Schools are competing for the best teachers in a certain field against other universities and employers from all around the world.
-Families incomes are lower, with a large amount of parents unemployed, so less students are able to pay the colleges, resulting in over-bearing sums of debt.
-Schools are competing for the best teachers in a certain field against other universities and employers from all around the world.
-Families incomes are lower, with a large amount of parents unemployed, so less students are able to pay the colleges, resulting in over-bearing sums of debt.
Annual tuition at UC Berkley was about $700
in the 1970's. It is now over $15,000 a year.
Almost all costs within the economy are rising, and with that, to student's dismay, so is college. Annual tuition has gone through the roof and, unfortunately, there is no evidence that these jaw-dropping costs will be decreasing anytime in the near future.
Why Is College So Expensive?
By Larry Abramson in October 2011
Larry Abramson is NPR's National Security Correspondent
http://www.npr.org/2011/10/19/141505658/why-is-college-so-expensive
Should colleges/universities be doing more to contain costs or should government provide more funding to families who can't afford the increasing costs of college?
ReplyDeleteShould financial ability determine whether someone goes to college or not? If the answer is no, who should pay for the disadvantaged?
Also, check out this site: http://www.nytimes.com/interactive/2009/04/14/your-money/20090415-college-calculator.html
ReplyDeleteIt might provide some insight into the the different level of costs among different types of colleges.