John Thelin, an university research professor, discusses in his journal, the reason why colleges used to cost so little years ago and why it cost so much now. He presents a major source that is composed of enrollments, institutional data on finances, and research from summary charts in Edwin Slosson 's 1910 anthology, Great American Universities. It contains statistical assemblage in categories such as "endowments, revenues, expenditures, cost per student on education and instruction, cost per student in excess of tuition, enrollment, and degrees conferred" for the most prestigious universities, like: Chicago, Johns Hopkins, Illinois, Columbia, Harvard, Stanford, Pennsylvania, Wisconsin, Cornell, Michigan, Princeton, Minnesota, Yale, and California.
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Catherine believes that if college was made free, not only students who cannot afford college would benefit, but also students who can afford it and pay all the tuition. It is not fair. It would be more reasonable to increase financial aid, instead of "lowering tuition levels." Beginning with statistics from the Department of Education College Scorecard, it could be analyzed the net prices at colleges "across the country by family income." At particular colleges and universities with considerable funding and grants, the net price varies substantially from the "sticker price" for family with revenue altogether except the top 10 percent of the revenue placement, since "financial aid grants" are bound to family revenue. Families with minimum revenue are petition to pay off a low amount, and simply the families with highest revenue will pay the absolute "sticker price." Hill mentions that the lower and middle class students would be the last to benefit. These students are already acquiring considerable "need-based financial aid," therefore the net price will be reduced somewhat lower for them than for students with greater revenue. Also, there are not many lower class and medium class students attending high rank schools. Hill suggest that a better method would be to "allocate greater resources to need-based financial aid, rather than to reducing tuition levels." I agree with Hill. Tuition should be lowered and more grants should be provided for only low-income students. Students who have the ability to pay full tuition should not be provided with the same help as low-income students. Grants and other ways of support should be measured by your household
Catherine believes that if college was made free, not only students who cannot afford college would benefit, but also students who can afford it and pay all the tuition. It is not fair. It would be more reasonable to increase financial aid, instead of "lowering tuition levels." Beginning with statistics from the Department of Education College Scorecard, it could be analyzed the net prices at colleges "across the country by family income." At particular colleges and universities with considerable funding and grants, the net price varies substantially from the "sticker price" for family with revenue altogether except the top 10 percent of the revenue placement, since "financial aid grants" are bound to family revenue. Families with minimum revenue are petition to pay off a low amount, and simply the families with highest revenue will pay the absolute "sticker price." Hill mentions that the lower and middle class students would be the last to benefit. These students are already acquiring considerable "need-based financial aid," therefore the net price will be reduced somewhat lower for them than for students with greater revenue. Also, there are not many lower class and medium class students attending high rank schools. Hill suggest that a better method would be to "allocate greater resources to need-based financial aid, rather than to reducing tuition levels." I agree with Hill. Tuition should be lowered and more grants should be provided for only low-income students. Students who have the ability to pay full tuition should not be provided with the same help as low-income students. Grants and other ways of support should be measured by your household