Cost Of College Education Essay

College education has gotten quite a bit of talk within the last few years. The talking helps to show why the cost of education has been on a steady rise. For many years college education was not that important, but now with not so many job openings and a lot of people wanting jobs it requires more education in order to get the jobs. The higher someone goes in college the more likely they are to get the job they want. Almost everyone agrees that college education is on a steady price rise, but there are many reasons as to why it is rising. Some people have very strong issues as to why it is rising and some issues are pretty weak.
To begin to understand this issue, we have to first examine the history and the context from which it arose. The …show more content…
One researcher said, “Average tuition at public flagship universities rose 9% this year, vs. 14% a year ago” (USA Today, Sep. 14, 2004). Another researcher stated, “Over the past decade, tuition rose 47% at public four-year colleges and 42% at their private counterparts” (Hempel, Issue 3885). This is a huge jump for just ten years, if this continues the tuition costs will be extremely high in a few years. Most of the colleges make some money off of the tuition. The money that they do make usually goes back into the university for enhancements and additions to buildings. They also use the money to help stay up with computer technologies.
College tuition has changed greatly from back in the seventies. All of the following stats were obtained from a website by Citibank. For a Private Four-Year University in 1971-72 it cost about $7,000, and in 2000-01 it costs $16,332. For a Private Two-Year University in 1971-72 it cost about $4,500, and in 2000-01 it costs $7,458. For a Public Four-Year University in 1971-72 it cost about $1,900, and in 2000-01 it costs $3,510. For a Public Two-Year University in 1971-72 it cost about $1,000, and in 2000-01 it costs