College Tuition Increase

2017 Words9 Pages

The Increase in College Tuition in the United States The increase in Colleges tuition has increased drastically by less than 1% each year, the increase was noticed in 2009 in the United States. The increase in College tuition has a major impact on College students and senior high school students that want to go into college but do not have money. Despite college programs and effort to teaching our students, college tuition should be lowered because it stops student from following their dreams. Some solutions that may help tuition payments is federal tax and a one time infusion of federal funds into public colleges. Since 2009, the college tuition has been difficult to pay off for some students. All though the United States has a high percentage …show more content…

Most importantly the federal government can help prepare families that have high school kids that want to go into college, Morgan demonstrates this by “The federal government must offer prospective students better ways to gauge college quality if they want schools to drop their prices. One way to provide better information is to require college accreditors to make public the information they collect on how well colleges do their jobs”(Morgan). Morgan shows that this is definitely possible for the federal government to be totally understandable of their financial issues, for them to help families out like this. At first maybe the parents are going to be scared to ask to federal government with some help to help them finance their children 's college tuition and all the other cost. But with time the parents are going to have confidence on asking the federal government to help them out with their children’s college cost. In this college tuition cost finance is mainly the problem because not all families that want their children to be successful and finish college have money for this, with staying out of debt from this horrible increase in our college tuition. The federal government is able to solve this by decreasing the college tuition so that any high school grad can be able to afford to pay off their college tuition without …show more content…

“Total student debt has now reached the $1 trillion mark, more than the credit card debt of every American combined. The federal deficit in the recently ended fiscal year totaled $1.3 trillion; the debt load carried by college grads now stands at more than two thirds of our nation 's massive budget shortfall. According to the College Board, over half of all full-time undergraduates at public colleges and universities are now full-time borrowers” (Cary). The college graduates stay in debt for a very long time, this debt that they leave with stays with them tomorrow because it affects their future later on with marriage and other substances. By having the college cost and tuition decrease it would really benefit a lot of the college graduates with their future as they grow up. “Average tuition also nearly doubled during this period, going from about $6,950 in 2001 to more than $10,000 in 2012 (prices given by the New York Fed in 2012 dollars)”(Jacobs). The student federal loans are also to blame because they are the cause of the increase of college tuition. There are many different types of loans and the loans are out to mainly college students for their college cost, but throughout the years the student have