College Education Becomes Unaffordable
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The news that college education has become unaffordable comes as no surprise to any college student. Unless a student is supported by scholarship or financially secure parents, the college experience is the beginning of debt:
“…In the United States, by contrast, college costs keep rising; more students are dropping out of high school; and large gaps remain in the success rates of students of different races, incomes and states. “We’re one of the few countries where our older population is better educated than the younger population,” Callan said.
The study gives a failing grade for college affordability to every state but California, which received a C because of the relatively low cost of its community colleges…”
link: U.S. Lags In Providing College Access, Study Finds
It is not only the ever-increasing costs of tuition. There are other staggering costs. For example, a single text book may cost hundreds of dollars. That same text book could be put on a disc and sold for the cost of a music CD. However, that would not be good for business - and college / university is big business.
Catherine Forsythe
One Comment
alicia
December 3rd, 2008
at 11:44am
I’ve thought about transferring, or even dropping down to a community college, because of the insane cost of school. Then again, I picked the school I’m at knowing the cost of it, and not worrying about it. But now that I’m here, the thought of paying for it for the next 30 years is so daunting. I’ll graduate with a set of loans equivalent to that of a new home owner. It’s scary.