Sign In
Not register? Register Now!
Essay Available:
You are here: HomeEssayEducation
Pages:
3 pages/≈825 words
Sources:
Level:
APA
Subject:
Education
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 10.8
Topic:

The High Cost of College Education (Essay Sample)

Instructions:

Reasons to why the cost of college education is soaring, and the best way to reduce them.

source..
Content:

The High Cost of College Education
[Name]
[Course]
[Name of Instructor]
[Date of Submission]
The High Cost of College Education
Introduction
Colleges are making the headlines a lot these days, with much of the publicity becoming clearly unfavorable. Despite the negative aspects exhibited in colleges, for instance riots, drinking, various scandals, and remedial courses frequently taught in the institutions, the central topic has been the steady rise in the costs of college education. College education has become unaffordable to most of the students or for those who are planning to join, attributed to the high cost of living and high rates of inflation (Martin, 2005). Similarly, the tuition fee is increasing faster than the rate of inflation, or even people’s income, making the attainment of college education out of reach for majority families (Martin, 2005).
Evidence and Reasons of the Increase in Cost of College Education
There is a significant increase in the net tuition and fees, during the period from the 80s through 2000, for both public and private institutions. It is always evident that during recession, businesses usually tend to moderate price increases, often into the early years of recovery. However, by contrast, colleges tend to increase prices in recessionary periods and early recovery years (Vedder, 2004). Similarly, the real tuition- roughly the difference between the rise in tuition and the overall inflation rate-rose by five percent or more in 1982, 1983, 1992, and 2002, in all recessions and early recovery years (Vedder, 2004).
The increase in the cost of college education can be ascribed to plethora of facets, which encompass the tendency of university or colleges to have a vast fiscal behavior (Vedder, 2004). The colleges and university tend to make up their budget many months before the end an academic year, typically calling for generous spending (Vedder, 2004). In tandem to this, when there are unexpected or abnormal revenue shortfalls from non-tuition sources, they make up the difference by automatically raising the fees (Vedder, 2004). Further, there is change in the current trends of technology, and there is significant need for the application of technology in schools, thence, creating the need to increase the cost of education, in order to match all the technological aspects.
Objectives
Many individuals have been championing for the reduction of the cost of college education so as to allow, an equal and easy access to facilities of higher levels of learning. This follows after the disparities that are created in job and wage allocation, in students or individuals with different academic achievements (Martin, 2005). Thus, it becomes fundamental to have the basic principles, on how to reduce the cost of education or on how to manage the tuition fees. The research will therefore strive to bring to light the causes of increase in college fees. The research will also attempt to provide remedies to parents and student and the government of how to avert the problem of high college fees.
Methodology
Get the Whole Paper!
Not exactly what you need?
Do you need a custom essay? Order right now:

Other Topics:

  • Are iPad Classrooms Good or Bad
    Description: The 21st century is characterised by the use of technology in almost all settings. Education is not excluded...
    1 page/≈275 words| 3 Sources | APA | Education | Essay |
  • Discuss Veteran Suicides In The United States In America
    Description: A report published by the VA in the year 2016 that featured over 55 million veterans that served between the years 1979 and 2014 revealed that a massive 20 veterans commit suicide daily...
    7 pages/≈1925 words| 5 Sources | APA | Education | Essay |
  • An Analysis About The Poem A Man Said To The Universe
    Description: Man announces to the universe that he exists so that he can be acknowledged, in order to feel that his presence is accepted, that he has significance in the grand scheme of things. It is not enough for the man to regard his life to and for himself....
    1 page/≈275 words| 1 Source | APA | Education | Essay |
Need a Custom Essay Written?
First time 15% Discount!