The simple brain of a teenager is easily overwhelmed by the thought of college. It is no secret that expenses for an adequate education is outrageous. How can the frenzied mind of a teen fluently intake and comprehend all the information and costs of a college education? Simply put, many cannot do so, but one truly should not have to. Decades ago, this was not a concern whatsoever. Elite children attended college and the remaining population went straight to work. Although, as times have gone by and modernization has occurred, a college education is now a common occurrence and is often required. College tuition is rising at an abrupt rate, many American families can no longer keep up. Resulting in higher usage of student aid, as the
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First off, with the increasing demand of a college education, supply goes down, causing tuition to skyrocket. Due to student loans, the leading factor to high tuition, the availability to attend college dramatically has risen in the past decade. In the article, “Going Broke by Degree: Why College Costs Too Much,” Richard K. Vedder, author and Ohio University economic historian, states, “Students increasingly rely on third parties - governments and private donors - to help finance their education. This has enhanced the increase in demand, raised tuition levels, and provides new resources to universities” (23). Government subsidies may appear beneficial by bringing down product cost at the initial time, but truly makes matters worse later by hiring the demand for college. To add on, current spendings of college and universities are asked to be paid by students. From recreational areas to alumni donations, the spending is weighed onto the students. Lastly, many colleges and universities simply spend too much. This is including paying faculty more, conducting research, and much more. Hundreds of spendings add up, in which students are expected to pick up the tab. It is very evident there are numerous reasons for high tuition prices, causing college to be …show more content…
A key factor to lowering tuition is decreasing government subsidies. Causing there to be little student aid available, and eventually decreasing the demand. Demand is currently higher than supply, but if it were to equalize, tuition could immensely go down. Other subjects to solve the high costs of college exist, but will not play as big as a role. Primarily reducing unnecessary programs and recreation spendings will weaken the problem. Likewise, universities and colleges could reduce staff whom are inefficient. Finally, promoting dual enrollment programs to students while in high school will lower the time spent in college and money paid for these particular classes. Many institutions have attempted to do these tasks, according to the article, “College Costs too Much. We Can Make it Cheaper,” Steven Pearlstein states, “Everything has been done that can be done - except changing the traditions, rhythms, and prerogatives of academic life” (1). Changing the classroom lifestyle, usage of student aid, and excelling into a new age of academics will solve this problem supremely. A solution must manifest in order for college to return to an affordable price for all
First off, with the increasing demand of a college education, supply goes down, causing tuition to skyrocket. Due to student loans, the leading factor to high tuition, the availability to attend college dramatically has risen in the past decade. In the article, “Going Broke by Degree: Why College Costs Too Much,” Richard K. Vedder, author and Ohio University economic historian, states, “Students increasingly rely on third parties - governments and private donors - to help finance their education. This has enhanced the increase in demand, raised tuition levels, and provides new resources to universities” (23). Government subsidies may appear beneficial by bringing down product cost at the initial time, but truly makes matters worse later by hiring the demand for college. To add on, current spendings of college and universities are asked to be paid by students. From recreational areas to alumni donations, the spending is weighed onto the students. Lastly, many colleges and universities simply spend too much. This is including paying faculty more, conducting research, and much more. Hundreds of spendings add up, in which students are expected to pick up the tab. It is very evident there are numerous reasons for high tuition prices, causing college to be …show more content…
A key factor to lowering tuition is decreasing government subsidies. Causing there to be little student aid available, and eventually decreasing the demand. Demand is currently higher than supply, but if it were to equalize, tuition could immensely go down. Other subjects to solve the high costs of college exist, but will not play as big as a role. Primarily reducing unnecessary programs and recreation spendings will weaken the problem. Likewise, universities and colleges could reduce staff whom are inefficient. Finally, promoting dual enrollment programs to students while in high school will lower the time spent in college and money paid for these particular classes. Many institutions have attempted to do these tasks, according to the article, “College Costs too Much. We Can Make it Cheaper,” Steven Pearlstein states, “Everything has been done that can be done - except changing the traditions, rhythms, and prerogatives of academic life” (1). Changing the classroom lifestyle, usage of student aid, and excelling into a new age of academics will solve this problem supremely. A solution must manifest in order for college to return to an affordable price for all