The Rising Cost Of College - 951 Words

Regardless of what a student’s major is, college offers a person the knowledge that they will use throughout their entire life. It arms a person with skills such as communication, critical thinking, analytical capabilities, cultural literacy and leadership. John Henry Newman believed that acquiring such skills was the most important aspect of college and that its purpose was â€Å"training good members of society† (53). However opinions shifted on what the purpose of college is, people began to see it simply as a means to an end, a pathway to financial stability. Dan Berrett, a writer for The Chronicle of Higher Education, attributes part of this change to President Ronald Reagan. Berrett writes that on February 28, 1967, then California governor Ronald Reagan, said â€Å"†¦we do believe that there are certain intellectual luxuries that perhaps we could do without,† he was referring to liberal education (qtd. in Berrett). The rising cost of college has also influenced the way people feel about liberal education versus high-tech training, people want to make sure their degree is worth every penny they spent on it. In a very practical way, college definitely serves the purpose of procuring a career, but it is also essential to shaping productive members of society. When considering a higher education people often wonder if the potential contributions to humanity outweigh a guaranteed salary and if they are mutually exclusive. A survey of 400 employers conducted by a consortium for theShow MoreRelatedThe Rising Cost Of College977 Words   |  4 Pagesof what your major may be, college offers you knowledge that you will use throughout your entire life. It arms you with skills such as communication, critical thinking, analytical capabilities, cultural literacy and leadership. John Henry Newman believed that acquiring such skills was the most important aspect of college and that its purpose was â€Å"training good members of society† (53). However at some point there was a shift in opinion as to what the purpose of college is, people began to see itRead MoreThe rising costs of college1169 Words   |  5 PagesYoshimasa Hirano Thomas Jordan Basic Composition 2/7/2014 The rising costs of college In the US, higher education is really important to succeed in the future. â€Å"In 2003, the typical full-time year-round worker in the United States with a four-year college degree earned $49,900, 62 percent more than the $30,800 earned by the typical full-time year-round worker with only a high school diploma† (U.S. Census Bureau). That means if you have a bachelor’s degree, you would get a better job and salaryRead MoreThe Rising Costs Of College Attendance1396 Words   |  6 PagesAs we are experiencing a time of rising student debt and high unemployment, how do we define a â€Å"right price† for higher education and what value does it hold? Annually, the federal Higher Education Act (HEA) currently provides up to $38 billion in loans to postsecondary education, $14 billion for programs and more than $10 billion in Pell Grants are awarded to college students. The Department of Education administers policies that are inclusive of and accountability for all levels of the systemRead MoreThe Rising Cost Of College Tuition855 Words   |  4 Pagesmoney through new technology platforms, and are the most educated generation of all time. Young adults are experience a higher level of poverty than any other age group. Young adults have been suffering greatly due to the rising cost of education and living. The cost of college tuition makes it even harder for them to achieve financial assistance. The amount of student loans debt in America is roughly around one point eight trillion dollars. Factors like the minimum wage also make it harder for youngRead MoreThe Myths Of Rising College Cost2366 Words   |  10 Pagesnational average of 20% between 2008 and 2012 (Hiltonsmith Draut, 2014). Higher education stakeholders, such as students, parents, public policy makers, have expressed their worries about the rising tuition as it has triggered a public concern about college affordability (Mumper Freeman, 2011). For public colleges and universities, it was the first time that they have witnessed that tuition as a share of total revenue surpasses the state funding for public institutions nationwide in 2012 (U.S. GovernmentRea d MoreRising Cost Of College Tuition2509 Words   |  11 PagesPower, Privilege Rising Cost of College Tuition in the U.S The increasing cost of higher education in the United States has been a continuing topic for debate in recent decades. American society emphasizes the importance of education after high school, yet the cost of higher education and advanced degrees continually rises at a greater rate than inflation in the 1970’s. According to the Advisory Committee on Student Financial Assistance, cost factors prevent 48% of college-qualified high schoolRead MoreRising Cost of College Textbooks1995 Words   |  8 PagesAsk any college student to state one of their largest expenses and it would be safe to bet the response would be â€Å"Textbook prices!† The cost of purchasing required materials for courses has reached numbers high enough to cause many students to take out second loans. Information released this year by the American Enterprise Institute shows that â€Å"College textbook prices have increased faster than tuition, health care costs and housing prices, all of which have ri sen faster than inflation† (KingkadeRead MoreThe Rising Cost Of College Tuition976 Words   |  4 Pagesyears, the soaring cost of college tuition has angered many students and parents, leaving many wondering where they will come up with the funds to pay. While college is still a pretty sound investment for most career paths, the cost of an education has outpaced general inflation by almost double, leaving many families simply unable to shoulder the fiscal burden without incurring large amounts of debt. How did we get to where we are today? A big part of it has to do with how colleges themselves haveRead MoreCollege Tuition And The Rising Cost Of Education Essay2116 Words   |  9 PagesCollege has been sold to the American people as the key to a better future. Complete the four-year degree program and watch oneself rise from the poverty of lower class to the white picket fence middle class dream. This may have been the case in the 1970’s, but college students today are facing over one trillion dollars in combined student loan debt (Denhart 3). In fact, the price of college has increased higher than any other good or service since 1978(Ivory Tower). With the cost of tuition skyrocketingRead MoreWhat are the Problems of Rising Cost in College Tuition?1323 Words   |  6 PagesWhat are the Problems of Rising Cost in College Tuition? College fee is the main factor that depends on which institution of higher learning that a student is likely to join unless awarded a scholarship. It directly depends on one’s financial capability. The poor afford the cheap and less desirable intuitions that they can be able to afford while the rich can get access to high class type of education. Policies exist that govern the ability of institutions increasing their fees and at the same