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Essay On Rising College Prices

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Rising Of College Prices Rising of college prices is a very real thing. College is a very important part of a student’s life. To get a college degree and to get a well paying job so that they can do everything they want in their life. Sadly, the college prices are rising and it is harder for students to continue to get their education when the prices are rising. Rising of college prices is unfair because student debt increases, the annual dropout rate increases, and higher anxiety and stress levels. College prices are increasing and there are some things that are causing them to increase. For example, “Some analysts attribute the rise in tuition rates to increase in demand for college education, as more young people come to believe that they need at least a bachelor’s degree in order to achieve their career goals and increase potential earnings” (College). The rise in tuition rates is because students are starting to see what they need in the future to achieve what they want for their future. They will need a college education to get the job they want and to make the earnings that they want as well. According to Danielle Gabriel “published tuition and fees for four-year public colleges and universities this fall average $9,650 for in-state students, a 2.4 percent …show more content…

A college education is an important part of a students education. They are all taught at a young age to go to college and to get a good education so that they can get a well paying job. They can’t do that if they can’t afford the prices of the college and so then they have no choice but to not go to college. The prices of college are a big increase and the government needs to see how important it is to students and lower the cost. It is causing students to to have higher student debts, dropout rate to increase, and more stress and

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Patton attempts to build his argument further by providing the current average costs of college tuitions, then reveals a line chart of the inflation over the past 20 years. In comparison with the $9,139 (in-state public) and $135,010 (private) tuition rates for the 2014-15 years, the author claims, “If education inflation continues to average 5.2%, the cost of tuition and fees for a four-year public university in 10 years will be between $65,590 (in-state public) and $224,124 (private),” (Patton, 2015). This claim seems outrageous and serious until you realize there are several errors in his calculations. Patton forgets that the value of the American dollar inflates by at least 2.3% at the same time that tuition prices increase by 5.2%, essentially dividing the intensity of this inflation by half. To add onto this, predicting the rates of inflation by an entire 10 years, which is half of the sample provided, is clearly extrapolation, thus making this calculation unreliable.

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I. Introduction A. College education costs has risen since the 1980’s to now. As a new school year arrive each year, college expenses increases. Be it a 2 year college, 4 year, public, or private college, college costs in USA has risen over all. This rise in college expenses are due to several factors. These factors are the baby boom, the increase in college enrollment, and growth of faculty staff in colleges.

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