Running Head: EFFECTS OF HIGHER EDUCATION ON CALIFORNIA STUDENTS
Effects of Higher College Tuition on California Students
Pacific Ocean University
EFFECTS OF HIGHER COLLEGE TUITION ON CALIFORNIA STUDENTS
There has been a hike in college tuition especially in California. The UC and CSU system have been having budget cuts from the state and in turn the system increases the tuition in universities to cover the costs. The students are the worst affected by the increase in the tuition. A lot of students have debts from college loans taken out and the tuition increase is only making it worse for them.
Effects of Higher College Tuition on California Students.
Education is a necessity that many of us value in todays life. Many people dream of having a successful life and careers like doctors, lawyers, psychologists and so on need to be well educated in order to achieve any of these. This is all possible but not everyone has the same opportunities as others, there are a quite number of people who struggle just to obtain this simple necessity. In California, the tuition in four-year public universities, both UCs and CSUs has been increasing due to the lack of funding for the 2011-2012 academic year. The University of California tuition for the 2011-2012 school year rose nearly 18 percent from that of 2010. The typical family’s...
...November 7 2014
Annotated Bibliography: CollegeTuition
Ayres, Ian. "Why California's Tuition Hike Might Be a Good Thing." Freakonomics RSS.
Freakonomics, 23 Nov. 2009. Web. 07 Nov. 2014.
According to this article the gap in college has become larger as of late because of students financial situations. Public universities cost on average one forth of private universities. The wealthier students benefit from this because of the way financial aid operates. When the tuition cost are raised it benefits the poorer students because financial aid will pick up the difference having almost no difference in what they are paying without aid. This intern makes up for the wealthy students who will most likely not be compensated by the change in tuition prices. The problem will not be solved by lowering tuition but by increasing financial aid. The only way for an increase in financial aid is to raise tuition costs. Students pay different prices for financial aid depending on what their parent’s income is. The goal is to enhance quality not maximizing firm revenue. By increasing the effective tuition for some of our wealthier students, we might be able to reduce the price for some of the less wealthy.
I found this article to be very relevant to my research paper. By...
...CollegeTuitionCollegetuition continues to rise in the United States each year. The price of a higher education has nearly doubled in the last 15 years and is still rising. In 1995 the average annual cost of attending a public institution was just 8,000$. College affordability is declining. Basing collegetuition on parental or individual income may be looked upon as unfair. However, it will result in a higher education rate, higher economical status for the U.S, and a better work force. Income based tuition has many plus sides and would do a great deal of good for the United States of America.
Basing the cost of collegetuition on income would result in a higher education rate. The immediate college enrollment rate is drastically higher for a student in a higher income family than in a lower income family. The national center for educational statistics shows many trends that support this claim. Students coming from an upper class family have the ability to enroll in college right out of high school because for them it is affordable, however for students in a lower income family tuition rates make that near impossible. Out of 63,100,100 high school...
...Collegetuition soars, but aid grows along with it, students are paying up to 9% more to attend school. It is said that the lifetime earnings of a college graduate is at 1 million more than the overall earnings of someone with only a high school diploma. So in the end something good is coming out of spending the money to graduate from college. How are the students affected and how may it affect schools, why is tuition increasing, and what are the colleges doing with the revenues they receive.
Students are affected by this increase because they are forced to take out larger loans, work full time or may even have to take fewer classes. They face opportunity costs because they are willing to sacrifice working for school hoping that school will help them more in the end. This increase not only affects the student, but the parents as well, that means that taxpayers are subsidizing a smaller share of the cost of their state universities, while students and their parents are paying an even larger slice. State funding now accounts for about 36% of revenues at public colleges, down from 45% in 1980, while tuition accounts for 19% of state university revenue, up from 13% twenty years ago.
Tuition, room and board, plus the cost of books transportation and other expenses have all increased....
In today's society, the idea of a college education has become less of an option and more of a necessary requirement and is commonly considered the only way to acquire a successful career and life. There are many careers, in which a college education is not technically necessary, that can often be just as or even more successful. With the cost of collegetuition increasing with every passing year, the controversy of whether college is really worth the cost and burden is growing too. If our society wants to continue displaying a college education as somewhat of a necessity for success, I believe the cost of it should shift to being a more realistic price, suitable for the majority of students striving to go to college.
Most high school students feel pressure by not only the family, but also peers and teaching faculty to go to college because it’s “the smart thing to do”, but some may be hesitant to choose the college route because they believe their experiences will be different and the benefits of getting the job and making all their money back won't apply to them. Economic research concludes that more students would gain from college rather than opting out from it, and choosing a different route. Yes, there are many careers that require little or...
College education is a highly talked about subject among the presidents. For many years college education was not highly sought after or looked for, then when people who did go to college started getting better paying jobs than everyone else more and more people started to go to college. Since college is such a hot commodity these days the price of a college education is on a steady rise. Some experts have a very strong opinion as to why college education is on a rise and some believe that that it is not on the rise.
To begin to understand this issue, we have to first examine the history and the context from which it arose. The rise of tuition is mainly due in part because the colleges need more money to upgrade and stay on top of the technology era. There are also many other reasons why tuition is on the rise though. One writer states that, "As almost every state reels from the effects of recession and tax cuts, legislatures slash funding for higher education, the largest discretionary item in most state budgets." (Reed Jr., p.25). Another writer states, "A need to improve facilities, state budgets that are declining and inflation are all contributing to the rising cost of higher education, and there appears to be no end in sight." (Gallagher, The...
A Chronicle of Higher Education article states that only 34 percent of high-achieving high-school seniors in the bottom quarter of family income went to one of the 238 most selective colleges, compared with 78 percent of students from the top quarter (Markell). Certainly, these numbers show that students that come from low income families aren’t getting the opportunities that they deserve. With college costs going nowhere but up, students from low-income families face tough decisions. Some students choose to attend community college while some make the decision to take out additional loans. There are also those who choose to drop out because they can no longer sustain the cost of college. Those who don’t have the money to go to a selective college are often not reaching their full potential. Therefore, college cost should be lowered so that more people can have the opportunity to get higher education.
Such a push is needed; firstly, due to the continuous rise in tuition, higher education is becoming less and less affordable for low-income students. According to the Journal of College Admission, from 1982 to 2007, collegetuition and fees increased by 439 percent, while median family income increased by 147 percent. Last...
...The Effects of the Economy of CollegeStudents
The economy has been in a decline the last couple of years and has not shown any signs that it’s going to improve any time in the next few months to a year. With a slow economy jobs are scarce and cash flow lessens for most working class citizens. Everyone is being hit hard by the hard times in the economy; trying to do what they can with the options they are being dealt. Collegestudents seem to have it the hardest at this point then let’s say collegestudents over fifty years ago. The financial burden that are on students is becoming worse it feels with each passing year. It is starting from the very bottom with incoming freshmen all the way up to seniors planning for life after graduation. Freshmen are looking for ways to afford tuition, an increase of working collegestudents, and seniors fearing graduation and the unknown that will follow with it.
For many students in middle school and even freshmen year of high school, there was not much thought that they would have the need to be applying for as many scholarships or financial aid and neither did most parents. Parents of course knew money would become tight but never to a point that they felt had they to give their children restrictions on where to apply for college. In a recent survey...
...Is CollegeTuition Really That Much?
A Response to Duncan Hood
College debt is pretty much inevitable for anyone wanting to have an education after high school. I, and most teenagers, do indeed want to go onto college but are scared away by the high cost. I know my family and I are definitely freaked out about the high cost of college. These students, including myself, shouldn’t be scared away so easily, as the high tuition isn’t so high at all. Colleges now have what would be called a sticker price. The first number you see is the sticker price, and what you don’t see is all of the deductions you can make to it.
In his editor’s letter “The Out-of-Control University Tuition Hoax,” from Canadian Business 2013, Duncan Hood compares the tuition of college in the past to the present and how the present tuition numbers are deceiving. First, Hood states that when his father went to college, it was free. When Hood went to college in the 90’s, tuition was only around $2,000. Hood points out that in the present day and age, tuition has been reported to be “an astounding $6,610 a year.” Second, Hood goes on to report that he has done his own research on the matter of high collegetuition. Within that research, Duncan found that...