Why is tuition so damn expensive
nowadays?!
I have been
wondering lately, why is college tuition so expensive? So I decided to look
into it a little bit further. Some
people complain about how high gas prices are, or how high life insurance is,
but I never hear anything on the news about the tremendous rise in college
tuition.
Some of the
reasons I found online all point towards one culprit… the government. The government is the main reason that
college tuition is rising constantly because they are the ones that give out
the loans. Colleges know that the
government will give out any person a loan just to come to college, no matter
how expensive it is. Colleges raise
tuition and the government just allows them to do this with no restrictions.
The government also gives out loans to students and keeps giving out loans even
if the student isn’t doing well in college.
This is why I don’t understand what the government is thinking when they
are just blatantly handing out loans left and right.
I think the
most effective way that the government can get ahold of how high these prices
are skyrocketing is by restricting the college’s ability to raise tuition at
their leisure. By restricting their
power to change tuition prices I believe that more students will be able to
actually afford a degree without being up to their head in debt 2-6 years after
obtaining their degree. Tuition will
keep rising at alarming rates until one day, when we realize that a college
degree is just not worth it.
I agree with you that college tuition is very high, but the government is not all to blame for the high prices. The college raises tuition sometimes because the state is not paying over due money that they college needs, much like high schools and grade schools. The college has to increase tuition to pay for salaries and other things instead of not raising them and going into debt. The government does need to step in and help schools out instead of raising tuition but i don't know how they could do it without someone going into debt.
ReplyDeleteI also agree with you that college tuition is very high. Education should be put high in people's priorities, but it should not cost a fortune to get that education. You last sentence was that the cost of tuition will keep rising until a degree is not worth it. I disagree! I am actually doing my paper on this subject and a college degree is definitely worth having. I do not know what the future holds, but as of now college is a great investment and it is well worth the money.
ReplyDeleteI think college tuition is extremely high too. Is there anything we can do about that? I think that if it was cheaper more people would be able to apply because they would be able to afford it. This would then give more people opportunities to succeed in life and go further in jobs. Education is very important and I think that the government (or whoever determines the price) should lower the expenses so that more people can attend and further their education.
ReplyDeleteThis is a topic I am covering in my research paper and one article I read was about a girl who had recently graduated and had her bachelors degree but after college she had to move back in with her mom and have two jobs serving. After everything was all said and done, her debt was over $100,000 and she was only making $12.50/hour. The article said how today debt from college is greater than debt from credit cards.
ReplyDeleteI totally agree. I keep thinking to myself, how long will it be until I can actually be loan-free? It is really going to suck to pay everything off when I get out of college. Also, government loans don't always cover the whole cost, like in my case. My mom makes a lot of money but my dad is a deadbeat who makes close to nothing. So my mom pays all the bills for a house that should have 2 salaries paying for it, when it's only my mom's. She also doesn't have great credit, and my dad won't help me. Now what? I need to go elsewhere to find a cosigner to cover the cost of college. It's a very stressful mess to say the least, and it shouldn't be. Prices need to go down so we can focus on why we are here, for the education, not debt.
ReplyDelete