Throughout the years of existence of the higher education system studies are now focusing on questions such as what are the serious issues facing higher education in the U.S. and what can institutions do to address these issues? An inside higher education GALLUP survey found that 71 percent of chief business officers at colleges and universities say media reports are suggesting higher education is amid a financial crisis. This accurately reflects the general financial landscape of higher education in the U.S. This is up from 63 percent from the prior year and 56 percent in 2015 (Auter, 2017). The financial crisis is suggested to be the reason as to why the cost of college tuition is up 400 percent since the early 1980s. As GALLUP suggest, …show more content…
One of the main issues that Americans battle with is college costs. In the 2016-2017 school year the average published tuition and fees for full time, in state students in public , four year colleges and universities was 9,650 dollars as opposed to the net tuition and fees for full time in state students were 3,770 (“Perception vs. Reality: College Cost” 2017). This article written by The Guardians Initiative gives insight on how the public views college tuition costs as oppose to the reality of how college governs its policy on tuition. Colleges and universities lean on a multitude of ways to cover the cost of tuition. Some include government support, tuition dollars, and additional miscellaneous revenue sources to help educate college students. This article highlighted on the misconceptions about cost associated with school and how the higher education school system operates to control costs. The universal statement that says the benefits outweigh the cost is ideal to help lower the anxiety of what many Americans perceive to be a problem with school costs. Colleges respond to students a families concerns about the cost by data that’s shows college graduates earn 17,500 dollars more per year than those without or just a high school diploma. The article goes on to point out that the health and lifestyle benefits outweigh the costs as well. People who are college educated tend to live longer, have a great sense of self-worth, more likely to be a home owner, and married. College graduates tend to have more opportunities for advancement in the workforce as well. Another public perception that the article points out is how getting a college degree leads to massive debt and with it being so hard to find employment, paying off student loans is nearly impossible. The study showed that
Recently, many have begun to attack and degrade higher education in the United States. In the book How College Works, authors Daniel Chambliss and Christopher Takacs claim, “As state support has eroded, and as more students attend college in an increasingly desperate attempt to find viable jobs, the price to students of attending an institution of higher education has gone up, especially at more selective institutions” (172). So is college even worth it? Caroline Bird’s excerpt from her book Case Against College “Where College Fails Us” is an adequately written article that agrees with those who question whether college is a good investment. Bird argues that although some students would benefit from college and succeed, many fall short, wasting
The cost of tuition is an incredible problem in today’s education system throughout the United States because it hinders the people who want to go college but cannot afford to do so. The price of tuition is a burden to those who are actually attending
In the last fifty years the world has gone under many changes but one that is really shocking is the escalating prices of colleges. Since 1985, the price tag in American colleges and universities has
Journalist Sophie Quinton discusses how college expenses are constantly rising, though many states are now reducing instate tuition in her recent article, “States Move to Curb Rising College Tuition. Quinton informs readers that colleges are not only cutting college tuition, but freezing it. As a result student loans are soaring nationally, and schools are forced to become more efficient. Student loans are then causing debt, that later affects a students’ life in numerous ways. College students today, tend to lean towards nicer looking colleges, rather than a higher education.
In “A Quick Way to Cut College Costs” Steve Cohen provides a rationale for the price of college education. He says that the price is appalling and abnormal and that in the last 30 years it rose five times faster than other prices. He argues that the surest way to reduce the price of college education is for Congress to take action to significantly decrease the E.F.C and that will force colleges to provide more accurate financial aid. The author claims that the E.F.C, which is estimated by the Department of education, is not thorough because it doesn’t take into account many factors.
The financial burdens that college leaves with the families and students needs to be addressed as student loans keep racking up over time. The cost of tuition for colleges has risen drastically over the years and has bounded students to only one or two college choices to choose from and at some points tearing away the opportunity to go to their dream college. However, one reason college has driven up in price is because the value it brings with it’s degrees, but it should not limit those who can not afford the worthy degree. College should be cheaper as it will ease financial burdens and broaden the choices of those wanting to attend
According to the article, around 60% of american undergruduates are under debts which indicates that most of college students can hardly afford college tuituion nowadays. If universities continue to increase tuition with a high rates, it might cause more students cannot afford a college degree. Author points out that accessability to student loan is one of the reason which caused dramatic rise in tuition. Therefore, author thinks that Congress should regulate college and spend more on educations. The source is new and creditable.
Many people dream of a life filled with riches, but that dream is hard to obtain without a college degree. It is somewhat ironic how people dream of being a successful student and going to college but the cost of tuition turns that dream into a horrible nightmare. It is not a shock to most people when they that college tuition is expensive, but in the past few years it has increased to an all-time high. Lower and middle class students have now begun to realize that college tuition is holding them away from their dreams. Even though college tuition could provide opportunities for job creation and economic growth, tuition is not affordable for the average American household which in effect, prohibits students from taking opportunities like going to college in the first place.
How colleges are using the negative information and data about the rising cost of college degrees to their advantages. Colleges want to attract the best potential candidates and are doing so by promising aid packages, affordability and promising careers. Colleges sell the experience of college life and how this translates into a better life many years after graduation touting internships that lead to full time jobs and successful alumni careers. Colleges sell themselves on visuals, offering a dose of college life, dorm life, food choices, and study/lounge areas as will as social life. College tuition, room and board along with other expenses is staggering to digest along with SAT scores, essays, admission applications, blind
A rising issue in today’s society is deciding whether or not college is worth the cost. There is an extreme amount of pressure that is forced upon high school students by parents, teachers, and peers to further their education and attend college. However, there is research that challenges the thought that college is the best possible path for a person to take. College may be a great investment for some people, but it is not meant for everyone. This is supported by the arguments that colleges are expensive, jobs do not always require a college degree, and students are forced to choose a lifestyle before being exposed to the real world.
Raising tuition year after year will cause a drop in applicants and affect current students’ retention rates. That is because tuition is already at an all-time high, making it harder for underfunded students to even think about entering higher education. Overtime students have grown increasingly frustrated with tuition rates. That is because in the past 20 years, "tuition increased twice as fast as the overall cost of living”
Parents across the nation have found it much harder to pay for their children’s education due to these rising costs. For example, in states like Arizona, Georgia, and Oklahoma “parents have seen a 77 percent increase in costs. In Georgia, it's 75 percent, and in Washington state, 70 percent” (citation). These rising costs would be especially challenging for young adults. Working for a college education is a challenge, and many cannot overcome it.
As a High School Junior looking at jaw dropping tuition prices, my family and I often ask ourselves a question I’m sure many other American households are challenged with: Is a college degree actually worth it? Once you look past the recent unemployment rate for college grads, you’ll find that a college degree proves to be highly beneficial once placed in a career. Degree holders often enjoy benefits such as higher pay, higher-skilled work, and an intellectual advantage over their coworkers that do not have a degree. These benefits often outweigh the seemingly outrageous cost of college, making the price tag more than worth it.
With college tuition costs exploding, and job placement rates lowering, modern college students are being set up for failure. Many people are blaming the government for this problem, but the fault is at the ignorance and stupidity of these college students themselves. Looking into colleges myself, I am realizing how expensive things really are. Tuitions at both private and public schools are extremely high, and living costs have to be taken into consideration too. People around me are planning on going to schools that frankly, they just shouldn’t be going to.
Additionally, students are left with a devastated self-esteem, a Mount Everest of debt, and a job they could have obtained without a degree. What many individuals are not aware of is that colleges aren’t held liable to produce effective, successful students. Instead, they are rewarded with ever-greater taxpayer-funded student loans, which allow colleges to raise tuitions even higher. On the other hand, individuals who plan on attending college are expected to earn one million dollars more than high school graduates over the course of their lifetimes, with more depending on their degree (Bond 2015). However, the amount of money will seize to cover the cost of their loan debt.