Higher education is generally referring to any form of education after secondary education. The industry of higher education has been established already for almost several centuries, and in contemporary times, this industry is indeed going to experience modifications on how the industry will function and continue on. The Princeton Review was established in 1981, and their main mission of test-preparation, tutoring services, and higher education admission counseling have remained constant throughout these years (The Princeton Review). But due to the many changing factors in the contemporary society, some changes must be made on the rising tuition costs and on an unprepared workforce, as based on Time Magazine (Meacham). Also, due to the emergence of the Internet, online higher education courses also plays a major role in the future of higher education. One of the major changes that should be implemented into the Princeton Review is to lower the costs that are spent on entering higher education. According to the College Board, statistics have shown that the price of college has risen exponentially from 1973 to 2014, where an average college education in a private school costs around $30,000 USD compared to around $10,000 USD in 1973. Also in a public school, the costs rose to around $8,000 USD in 2014 compared to $2,000 USD in 1973 (College Board). Other than the general costs of higher education, there are also other spending required, especially in areas like college
One of the culprits hindering higher education for Americans is the tuition rates. A report by the Delta Cost Project indicates that if tuition had grown in pace with inflation, the average tuition at in-state public colleges would only have been $2,052 in 2010. The actual price of tuition was around $7,500, and it is increasing at around 5% per year, about twice as fast as the rate of inflation. Whereas everything else in the economy doubles in cost about every 32 years, college costs have been doubling around every 15 years. In a paper published by the National Bureau of Economic Research, titled How the Changing Market Structure of U.S. Higher Education Explains College, the author, Caroline Hoxby, states that universities have little incentive
Research indicates a steep upward trend in the cost of higher education throughout the 20th century. In recent decades, America has witnessed a widening gap between inflation and tuition. An incoming freshman at a typical college incurs charges for tuition, university fees, books, room and board,
Over the same period, in state tuition and fees at public four-year institutions increased more than two hundred and twenty percent from $2,175 to $7,030. ( Marcus, J). This suggests that less money is being spent on students education and more is spent on non instructional activities, such as administration and faculty research. Rising government bursary have increased the quantity of education request. This means that the rising cost of a college education is due in large part to the increased financial aid available rather than any general improvement in the value of
Accelerating tuitions causing student debt loans are making college education harder for students, mainly those of low income. College acceptance has become a large competition across America between all students to get as many good scholarships as they can, leaving those who have no money stuck behind scrabbling for whatever they can get. Since 1978, college tuition has raised up to 1,122, making it the highest tuition fee in American History. All while decreasing the amount of lower class students going to college. American colleges need to lower tuition fees in order to create more opportunities for future generations, having less Americans in debt, and stop seeing college education as a barrier but instead.
There are many colleges around the world and most people like to attend one. Students study hard and try their best just so they can get an acceptance letter from their dream college. However, college tuition is not that affordable; college tuition is increasing in price every single year while the yearly salary of a father stays the same or barely increases. College tuition should be affordable to everyone regardless of his or her family status and position. Students should be able to attend a college without being in a debt consisting of thousands of dollars. There are scholarships, grants and financial aid available but that does not help everyone. A middle class family cannot fully afford a child going to a 4-year college and make a living, which is comfortably in residence. A change in college tuition is definitely required for American students and the students around the world to have a better education at low cost.
“We are now taking the lead because for too long the public school system in Camden has failed its children”, exclaimed Chris Christie, the standing Governor of New Jersey. On the one hand, The New Jersey Public School System was awarded number 1 as the best system in the nation by 2012 Education State Ranking (Morgan, 2011). Yet on the other, only 2 percent of the graduates from Camden High School scored high enough on the SAT’s to be considered college prepared. This blatant inconsistency echoes the hyper-polarization of wealth and indigence throughout not only the state of New Jersey, but also the country as a whole. In response to this crisis, NJ’s Governor Christie has proposed the Opportunity Scholarship Act, which would stimulate competition between schools and in turn boost the quality of education. The act would create this competitive open market by providing scholarship funds to eligible low-income children who attend a chronically failing school district in order for them to choose to attend an alternative public or non-public school.
Higher education costs have been increasing at a rapid pace, faster than inflation for the economy as a whole, for the past fifty years. It started in the 1960’s when the federal government passed the Higher Education Act to increase the amount of people able to afford and attend college. Regardless of the Unites States Government efforts to increase the affordability of college, federal aid programs have not risen to expectations due to the ever-increasing college prices. To lower the price of college, the government needs to cut back on student financial spending to go only to the lowest income families and create tax incentives for families to start saving up on their own.
College has become a norm in today’s society so much so, that the average costs of higher education are not really discussed. A public two-year in-district college was $3,520 for a full-time undergraduate student in 2016-2017 (Baum 68). Baum also declares that a public four-year in-state undergraduate tuition was $9,650; a public four-year out-of-state college cost $24,930; a private nonprofit four-year college costs $33,480; and a for-profit college cost $16,000 for that same school year. (68). Across the nation, figures will vary because of the obvious geographical region differences, but also because of price discrimination. Price discrimination allows institutions to discount their prices for a lot of students (Baum 79). Institutions do this based on individual student circumstances, and it segments the market. Institutions
College tuition is a subject that I am certain is on every college student's mind. The current cost of college has become so outrageously high and so students are graduating college with what you think is a feeling of excitement for their lives starting, when in reality they are entering a pool of stress due to high amounts of debt and no job guarantees. With that being said overly expensive College Tuition is merely taking away opportunities from potential students. According to Collegefactual.com, you will see that 20 years ago the average college tuition for a student at any University was around $6,285 for the room, board, and tuition. Today, according to Niche.com, the average tuition for almost any college is over $30,000 for those same things. Today, this isn't even offered for those same colleges, we don’t even know what is actually causing the raising tuition. At this point in time, we are paying for the name. Just like clothing, we pay more for the “high end” (a.k.a the college name) items. This is an issue that not only affects college students, but people who want a good education. College tuition should be lowered because the average student debt is too high, FAFSA results can be misleading and not high enough, and there is not enough access to college for deserving students.
All Students, Regardless of Social Status, Race, Gender, or Minority, Have Equal Opportunity to Pursue a High Quality Education
No important for universities from now anymore! People nowadays debate many issues they are interested in. One of the most popular issues people may argue on is higher education. For sure, education is a significant thing people think about. Going to an elementary school, and then into intermediate school, and finally graduate from high school; is a crucial importance people agree with, whereas people, nowadays, debate whether higher education is a necessary matter for societies or not? Some people think that higher education is just a wasted of a student’s effort. It will not accomplish our wishes in life. Also, as a result of stress which learners acquire, it may affect in our health negatively. Further, many information students gain from college become useless just after graduation. Although some individuals believe that higher education is just a waste of time, there are a lot of evidence shows that obtaining a higher education is necessary in today’s world.
Firstly, society should view higher education as much more than the path to obtaining a degree. The real merit of higher education lies not in the practical use of a degree to obtain a job, but simply in the acquisition of more knowledge. On a basic level, attending a university gives young minds a space in which to study their chosen field. The Chinese philosopher Hsun Tzu argued that
Create A Quality Workforce By Growing, Training, And Attracting The Finest Talent- Higher education will be a dominant, if not decisive, factor in preparing workers with the robust skills needed to adapt to changing job requirements.
Higher education has continued to evolve just as society has in its accessibility and purpose in surviving its students. In Mark Edmundson’s On the uses of a liberal education: 1. as lite entertainment for bored college students, he discusses how consumer culture has turned every aspect of higher education into a buyer’s market which students feed into. William Deresiewicz’s The Neoliberal Arts: How college sold its should to the market expands on this idea from the 90’s through a modern interpretation. Deresiewicz uses the term neoliberalism to discuss how universities are at fault for succumbing to societal influences of ideals based on monetary value. Deresiewicz’s definition of neoliberalism expands on Edmundson’s prior ideas of consumer culture, yet challenges the latter in the role of college students in a market-based university culture.
There are many topics that are trending in the higher education industry but there are three that seemed to be most common. This consists of cost, technology, and learning. We all know that college can be very expensive and over the years cost has just continued to rise. This holds true for technology as well. We live in a society where technology is rapidly advancing and everyone wants to keep up with the latest trends. This rapid advancement in technology also affects the way we learn and how we are being taught.