As college costs are rising and so are the number of new graduates it makes you wonder if higher education is becoming a for profit industry instead of a service. A college degree has certainly never been cheap, but current costs are outrageous. The average cost per year of a four year public university is around $21000! Now no one expects tuition to be the same it was 20 or 30 years ago, but tuition seems to increase by giant leaps on a consistent basis. It cannot just be keeping up with operation costs, these schools are most likely making a profit. Has the high cost caused lower enrollment numbers? Not a chance, students are just taking on more debt. It makes you wonder if higher education has the student in mind or just the amount of money they bring in tuition. Is this what is wrong with education? If higher education was more student and service focused would graduates have abetted chance at finding employment and have their degree held in higher regard by potential employers.
Posts tagged college tuition
PERSONAL FINANCE | 3/29/2012 @ 11:57AM |7,873 viewsStudent Loan Debt Hits $1 Trillion — Pre-Paid College Tuition Plans May Make a ComebackNancy Anderson, Contributor