One of the major pieces to becoming a successful business man/woman is receiving a college education. A college degree is viewed as a necessity and is slowly becoming an unreachable goal for some people. Most believe that the cost of college has been rising and continues to rise, and that the rate of increase is outpacing that of other costs (NAICU). As the cost of college rises, families have to change their way of life to be fortunate enough to send their children to college. Along with changing how families’ live, many other problems are produced in various ways. The cost of college should be lowered because it imposes a burden on parents and their children, causes some students to alter their choice of which college to attend, and prevents some students from even going to college.
When the time comes to talk about college, a large number of questions arise. Although many come forward, the first question is if college is even affordable. The main problem families’ face is the difficulty to pay for college, especially with the current economy’s condition. Patrick Callan, president of the National Center for Public Policy and Higher Education, states “Given the financial hardship of the country, it’s simply astonishing that colleges and universities would have this kind of increases” (Lewin). What if a young adult has a dream to attend a certain university in a different state? Residency regulations cause the cost of out-of-state schools to raise tuition to almost three times the cost of in-state; however, this alters many students’ decisions on where to attend college. While personally experiencing this problem, I was forced to go to an in-state school instead of following my dream and attending Auburn University. The unreasonably high costs of out-of-state tuition cause many students to change their college decision and could have an effect on the rest of their lives.
Whether a student is looking to stay in-state or move out, the cost is still very high. According to College Board, expenses, on average, to attend a 4-year university add up to around $9,000 a year for in-state residents. Triple this amount and non-residents must pay that. Private school expenses tend to add up to around $35,000 a year (College Costs). During the 1995-1996 academic years, 66% of four year students in public institutions received some form of financial aid (Losco). Although the financial aid sounds like a good plan at the time, it causes the ones who take aid to being their adulthood in a large amount of debt. Even though there are a number of scholarships and financial aid programs available, each student must qualify and meet certain requirements that are not always met.
Although most colleges do not consider ways to lower the cost, many alternatives are achievable. Expenditures for faculty salaries are a direct cost of instruction (Middaugh). This is one main concern that is questioned on a regular basis. Most professors in college...