IS THE COST OF COLLEGE TOO HIGH? The cost of going through college is on upward trend creating concern among the public and the policy makers. In America, the cost of tuition increased by 297 percent from September 1990 to September 2012(American Bureau of Labour Statistics, 2013). The importance of college education in the shrivelling job market cannot be underestimated yet over years, high costs in both private and community schools proof to be strenuous to students from both low and average income families. According to specialists (Breneman and Finley, 1997), students should have an opportunity to pursue post-high school education depending on their academic potential and competency as opposed to their financial positions, social statuses or other factors as race or cultural background. So where does this leave a financially challenged student in the wake of sky rocketing fees as a principal basis of access to college education as opposed to academic competencies priorities? In public domain is the argument that there are many grants and scholarships available to these types of students once they are admitted to these schools hence removing the financial barrier thereof. However according to (Caroline Hoxby; Christopher Avery, 2013) many high achievers from low-income families do not apply for the selective national school they befit mostly due to their high sticker fee price and also because they are completely unaware of availability of
