College Tuition at a Rising Cost
Part 1: Article Summary.
This article why college tuition keeps rising This article was written by Jessica Dickler in 2019. Noting that college tuition costs have risen over recent years makes this impossible for families with lower incomes, it is crucial to remember. Author points out that college tuition has gone up by 3 percentage every year, making it the 2nd most costly item one could purchase. The universities raised tuition fees to help students cope with the increasing cost of college. This meant that many students from low-income families had to seek loans. As a result, student debt is at its highest in America’s recent history. In order to reduce rising tuition costs, many students apply for grants and scholarships. The article states that 8/10 families seek financial aid to help them pay for college tuition. It is now more expensive to attend college, making it harder for students to obtain loans. Because college is so expensive, many students with low incomes are unable to go.
College tuition has been rising because of declining funding from the public for universities and community colleges. Her argument is that decreasing college funding may also be a factor in rising tuition fees (Dickler). The argument she makes is that the state funds universities and colleges. In order to prevent shortfalls, the government has to cut college funding and reduce scholarships for students who are in financial need. The author points out that, while federal funding was responsible for nearly three quarters of the funds received by institutions to deliver their services in the past, it is not the case today. To pay operating expenses, colleges must raise significant amounts of funds. The result is that tuition has risen to a level unaffordable. Author concludes that tuition increases are due to decreased federal and state education funding. A side note: When tuition costs increase, people with low incomes tend to be more financially challenged. These people cannot afford education, which can reduce their chance of succeeding.
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