College tuition rises even more than we think because inflation makes one dollar worth less than it …show more content…
The clear problem is that the students have less money so if the colleges are trying to find money from them it won’t work because they can’t afford it. States are investing less for their higher education, 48 out of the 50 states in the U.S. have not been investing as much as they were before The Great Recession.(Schramm, Michael. "Irritated by High Tuition? New Study Blames the Recession." USA Today College,). States have actually cut their funding deeply for public college, on average they are spending 18% less per student than before the Great Recession. In fact in nine states individual student funding has decreased 30% , a little less than double the country's average.(Mitchell, Michael, et al. "Funding Down, Tuition up." Center on Budget and Policy Priorities,)So as a result, public colleges have increased tuition to make up for what the states have cut from them, the annual tuition at 4 year public colleges, on average, has risen $2,333 or 33% since the 2007-8 school year, which is the year the recession hit.(Mitchell, Michael, et al. "Funding Down, Tuition up." Center on Budget and Policy