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.
What a shock this has given me and especially to other that are concerned with the paying or attending college. The rise of price for a higher education has brought many questions such as if the we are to believe that the education of today is worth more then the education from the past. Like I can’t believe how we are taken advantage over the price of our education and, shouldn’t the prices of all university be the same. Wow, this statistic has shown how greatly this problem has impacted us students, and has shown how public universities have taken an advantage on pricing our
“As college students head back to the classroom this semester, a harsh reality confronts them - the rewards for the time, energy, and money that young people put into college are less than they were a decade ago”(Source C). Young college graduates have seen wages, deteriorate. This lack of wage growth has been surprising to those who have read about the ast unfilled need for college graduates. After gains in the 1980s and 1990s, hourly wages for young college graduated in 2000 decreases. For young college-educated men in 2000 hourly wages were $22.75, but almost dropped a full dollar $21.77 by 2010.
As mentioned previously, direct taxpayer support towards public universities has decreased lately leading to a rise in tuition prices. Universities are pressured by their boards to break even, and since student loans will just cover their price increases, they have no incentive to hold down tuition costs. That is where the solution must intervene. According to the Department of Education, public colleges made about $57 billion from tuition alone in the 2009-2010 school year. That gives the government a threshold of about $60 billion to spend on aid.
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.
Some college students are working part-time jobs and are full-time students. Perhaps, working through college will not always cover all of a student's education expenses including books, supplies, room and board. If free tuition is given, students will have further time to educate themselves. Moreover, college tuition and prices are at an all-time high. Each year, prices are rising higher and higher.
The author highlights the drastic change in college tuition by saying tuition for “ a four year college has increased by 1,222 percent since 1978” (Ellison). It shows, the price these days a much higher than nearly forty years ago, which is a massive change overtime. According to the National Center for Education Statistics the average cost of college tuition for instate students was two thousand dollars, for a four year college that would be eight thousand dollars. Taking the stats brought forth from Ellison, increasing that price by “1,222 percent” means that college students are now paying $100,000 for a four year instate college. Ellison does this to show that “college is more expensive today than any point in U.S. history.”
The cost of college tuition is an enormous problem now days. For a long time, the subject never got brought up and today things are changing. Students study hard and try their best to get that college acceptance letter from their dream college. Students all around the world are struggling with college debt and trying their hardest to receive those so-called ‘perfect’ grades. However, college tuition is not very affordable and is increasing every year.
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
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
The rise of college tuition rates is one of the major concerns the government is facing at this very moment. Within the millions of people attending college all over the world, America ranks number one when it comes to the highest tuition rates. Students across the United States have rallied and protested before the school boards to lower these outrageous tuition prices, but none thus far have yet to succeed. Tuition costs are higher than they have ever been throughout history and will continue to rise until a solution is achieved. Colleges today require a certain number of general education (G.E) courses, which must be completed during students first 2 years.
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
College tuition The cost of going to college is getting ridiculous. If a student were to apply to an out of state public college in 1997 they would be paying on average $8,840; now at the same out of state public school they would be paying around $26,010. Are we expecting people who have little money to stop their education even if they want to keep going or be in a huge amount of debt? If colleges were tuition free or had minimized costs the economy would be better or could improve and so would the lives of millions of people.
Thesis: While the cost of college is increasing rapidly and higher each year, leaving with many graduates post incurred debt, it is still deemed necessary for one to pursue and obtain a degree in today’s workforce. I. First Main Point: The constant rise of college tuition A. The increase of college tuition has made it hard for many people to attend, due to the fact is that many who choose to attend has limited or no financial resource.
College is not cheap, a hefty fee is often payed by those who want to attend, often out of their own wallets. It is no secret that funding a college education is getting harder and harder. Thus begs the question, is the charge of Universities becoming too high? Yes, college costs have skyrocketed over the past decade (citation). Being capable of going off to a university to acquire an education is slipping for countless people due to the rising costs.
