The Tuition Hike - 894 Words

Due to the recent recession, the economy has forced universities to raise tuition prices. All funding for higher education has dropped 14.6 percent since 2008. For most universities net tuition has risen from an average of three thousand four hundred fifteen dollars to four thousand five hundred forty six dollars. That is a 21.1 percent increase from the previous year. (CBS News) The economy is starting to show the impact of how people are going to choose college. In southern states most colleges have seen an increase of over 70 percent. And yet families are putting themselves into debt to pay for these increases even though the unemployment rate is rising. (Claudio Sanchez.) Parents value higher education because now days if you don’t†¦show more content†¦Universities also face local government pressure. They have to obtain all the right permits and paperwork to construct these â€Å"upgrades† and often times requires complex negotiations that lead to increa sed financial payments to compensate for the university tax – exemption status. (Ronald Ehrenberg) Based on the writings of Rebekah Nathan in My Freshman Year: What a Professor Learned by Becoming a Student, â€Å"One of the most consistent strategies for making up funding short falls has been tuition increases.† Also stating that a potential determining cause for tuition increases is political forces. Many students are dropping out of four year universities to attend a cheaper community college. â€Å"There has also been and increased reliance on tuition for funding and more pragmatic appeals to state legislatures encouraging curriculum and research initicaves that contribute directly to the economic development of the state† to get more money. (My Freshman Year) The increase is affecting students both financially and determining whether they come back to school or not the following year. Joaquin Beltran from the Los Angeles campus of the California State University states that he cannot afford this increase, he is already living paycheck to paycheck. Students who are receiving financial aid though shouldn’t worry. It is those who are not that are going to suffer the most. Some students who did notShow MoreRelatedThe Ethics Of A Tuition Fee Hike Essay894 Words   |  4 Pages As tuition fees hike, one could sympathize with the average college student’s desire to find short cuts and cut costs. Students typically take advantage of promotional codes, coupons, or gift cards that would help subsidize their daily costs. Now, the next time a student is wiping his or her tears on a napkin over tuition increase, it begs the question, did the students purchase those napkins or just swiped them from a local restaurant? Two individuals w ho enters in similar financial situationsRead MoreReview of Cyril J. Barkers Cuny Tuition Jacked Up1348 Words   |  5 PagesReview of Cyril J. Barkers CUNY tuition jacked up, New York Amsterdam Times, 102(48), 1-35. How might you use the strategies for applying creativity to problems and issues in addressing this topic? There are few solutions, creative or otherwise, available to students in New York City as a result of recent tuition hikes. The decision to increase tuition rates for some New York Citys colleges was met with protests, cancellation of classes, and the arrests of hundreds of students and supportersRead MoreEffects of Higher College Tuition on California Students1211 Words   |  5 Pages Effects of Higher College Tuition on California Students Hudson Pacific Ocean University EFFECTS OF HIGHER COLLEGE TUITION ON CALIFORNIA STUDENTS Read MoreThe Cost of Higher Education754 Words   |  3 Pagesbut in majority of cases adding more and more debt to their lifestyles. Though majority of students receive financial aid, the amount of debt which tuition builds is beyond stressing. For some students relying on their family can help pay the tab. Still, most students have loans and debts in their own name. So many different things make up our tuition, none being cheap. Now a day’s college is about investing your own money and time in order to receive the best education out there, in the outcome receivingRead MoreWhy Not Community College? Essay1094 Words   |  5 Pagesthe public sector. The two main sources of revenue for public colleges and universities are state appropriations and tuition. Generally, as cuts to higher education appropriations occur, campuses respond by boosting tuitions even higher. Yet, regardless of the size of the budget cuts, coll ege and university tuitions continue to rise, and these exorbitant elevations in tuitions are causing many students to change their college plans and enroll in community colleges instead. According to a reportRead MoreCollege Tuition Cost On A Rise Essay1254 Words   |  6 PagesCollege Tuition Cost on a Rise The rising cost of education in Texas colleges started in 2003 when the deregulation was lifted. Then, soon after, the Texas State legislature cut the education budget because of a drop in the economy in 2008. The cut in funding and the removal of the deregulation law allowed colleges across Texas a way to recoup lost resources by raising the cost of tuition. The raising cost of tuition has limited the amount of attending students from graduating in the expected timeRead More The High Price of Education Essay988 Words   |  4 PagesUniversity will pay more in tuition during the 2005-2006 academic year, by a 4.5 percent increase. The State Board of Regents was presented with a proposed 5.2 percent increase at its September 23-24 meeting in Capital City, but decided this month that a 4.5 percent increase in tuition was more reasonable. Even with the additional services that could be made available by the tuition hike, the students should not have to pay this increase. According to the memorandum, the tuition proceeds at State UniversityRead MoreShould Traditional Education Be At Fault Politically?985 Words   |  4 Pageshave embraced that fact. I used to blame the students for their financial misgivings, but higher education institutions are as much to blame as anyone. We must ask ourselves when the last time a university said, â€Å"we’re making enough money so no tuition increase this year.† Students are marketed to relentlessly by banks telling them borrowing is the way to get ahead (Nasiripour, 2013). The US government makes promises that will limit student loan payments while discounting the fact that the longerRead MoreTax Initiatives: Proposition 30822 Words   |  4 Pagesmarines, which allowed me to make good money and save for college. I was in the merchant marines for 5  ½ years. With more classes and lower tuition I believe you would see more people choose to further their higher education instead of working a dead end job. Conservatives believe that prop 30 is unconstitutional. Californians will endure the biggest tax hike in years. Tax payers will cough up $6 billion annually to fund the education expense. Michelle Steele states â€Å"Prop 30 won’t fix our schoolsRead MoreCollege Tuition1075 Words   |  5 Pagesthem through correct documentation.† Student Loans Today college tuition prices are rising. Paying for college can often be a stressful responsibility. A college education is very important for many students, but when stressing on how to pay for college gets in the way, it becomes more of a burden. Kim Clark effectively states the rising prices of college tuition in her article, â€Å"The Surprising Causes of Those College Tuition Hikes.† Clark states that the cost of attending a public university, even