Rising College Prices
[2023-05-14 13:33:44]
In the search at the university, only the numbers are displayed to the students. ACT score, GPA, AP test score, and the maximum number of universities themselves. There are three major impacts from the increase in university costs; reduce debt by student loans, decrease the number of college students, and more and more college graduates go home. According to Huffington Post, chairman of the Senate's Health, Education, Labor and Pension Committee, D-IA said, "The declining tuition fee and revenue declines tuition fees," according to Huffington Post.
Students now have to incur huge debts in history at any time. According to the New York Times report, according to a survey conducted by the US Department of Education 2007 - 8 graduates, "About two-thirds of bachelor's degree holders go to government or private lenders to go to university I can do it". My parents have a low support rate for university tuition fees. Since 1980, university tuition fee has increased by an average of 7% per year. By contrast, the inflation rate is only 2%. Some people try to explain this irrelevance by changing the law of demand. As long as the demand for good (higher education) continues to increase, the price will rise. To pay astronomical compensation for higher education, students are adjusting loans. For students and their families, education is ancient worth regardless of cost, so that student loans exceed $ 1 billion a year, totaling more than 1 trillion dollars. Most loans do not have to pay off before graduation, but many students can not find a job to subsidize loans.
As university tuition fee increases, fewer students can attend university, especially for low income students. College tuition fees also reduce the number of students who can enter the top school. According to the Financial Times report, according to a recent survey by UCLA Institute of Higher Education, the enrollment rate for freshmen in 2011 is reduced to 57.9% from 60.5% in 2010, according to a recent survey. Students chose not to go to the ideal school for economic reasons. Many students chose to attend a two-year vocational school and got a job earlier by giving up the path to a four-year school.
Older generations claimed that university education is the way to perfect life. However, this idea is becoming increasingly outdated. The survey shows that people are increasingly skeptical about the actual value of university education in this economy. Four years ago, 81% thought that university education was a good investment. This figure sharply declined to 57% due to lack of employment opportunities and university price increases. This creates a paradox that puts students between rocks and rigid places. In order to find a good job, you must have a college degree, but no matter what kind of education you can not guarantee employment.
In order to reduce debt and increase the number of college students, the government needs to take steps to keep the university's expense rise and secure employment of university graduates.
On the other hand, transactions between home purchases and educational purchases remain the same, even if the house price and the university price rise at the same rate. In other words, the price of the university does not rise even if the house price rises at the same rate As the house price rises, people who already own the house like many university students' parents experienced an increase in net assets, I will pay to the university. On the other hand, as monthly housing expenses for new home purchasers or lessors increase, disposable income for people with specific income will be reduced to pay for education and reduce education.
I conducted a survey to test the students' perceptions of tuition fee increases. As a college student going to a public university with a government assistant, I would like to know what other college students think about raising tuition fees. I am concerned about how to pay for college fees as to whether they are a