Analysis Of College (Not My Kid

Submitted By Johndoe1219
Words: 1154
Pages: 5
Open Document
College? Ha Not My Kid
Let’s pretend you are a twenty two year old kid walking across the stage smiling ear-to-ear reaching for your Bachelor’s degree, graduating from the University of Texas in the year two thousand and three. Things are looking bright, you are finally done with school and the world just isn’t big enough to hold the potential you possess. Fast-forward six months, things are still ok and you’re managing, but your six-month grace period has ended and here comes your first loan payment, and you are not prepared to take on such a thing.
Paying back loans is something that no student looks forward too. In the teen years you are supposed to make a decision that will influence how comfortably you live for the rest of your life. Do you attend a private school or a state school, can you afford to live on campus or will you commute, will you eat thirteen meals a week or seventeen. These decisions could determine whether you eat one meal a day when you graduate or if you eat three, if you’re able to buy a house or have to rent. As exciting as the college acceptance process can be the notion that you will “pay this off into the grave” crushes the dreams of kids across the country. As a parent putting a senior through their last year of high school you begin to have nightmares about the piles of tuition bills you will be receiving for the rest of your life. Colleges tend to leave the lasting impression “why on earth do they have to cost so much”?
Through the past decade one thing you could count on is the price of college tuition to rise and continue to do so. From the 2002-03 school year the average price of tuition in todays dollar was $12,014, today the average is above eighteen thousand, showing that the cost of tuition rose fifty three percent. Throughout the recession alone it has risen twenty six percent. Why are tuitions costs ever increasing?
There are multiple reasons for inflation but a few standout above others, inflation, demand, scholarships, as well as class availability. “The inflation of college costs has not been so gentle, averaging 4-6% annually. In other words, a college education costing $10,000 this year will likely increase by $400-600 next year. In a nutshell, this means that college costs are doubling every 12-18 years, compared to everything else in the economy doubling in cost every 32 years” (Clark). The demand for college, more commonly known as “expecting to attend college” is increasing just as the tuition prices are. We are living in an era where college more socially applicable and mainstream.
With anything in the world the higher demand the more valuable it is and in turn the more people will pay to receive it. With the increasing number of people attempting to receive a college level degree of some sort, there is the increasing number of scholarships that are awarded as well as the increasing amount of money scholarships are granting. Due to this the students that are not fortunate enough to have received a scholarship are being forced to make up the money the institution has given away. Last but surely not least the availability of classes is adding to the overall cost of tuition. It is becoming a trend to hang around for more then the traditional four years and space your classes out. Sometimes it is just not possible to complete the required courses in that set amount of time, thus adding an additional year to what you have to pay as well as limiting the college from adding a person in your place. Which leads colleges to expand and always continue to grow, again hiking up the prices to accommodate these expansions.
“College costs are increasing faster than most of the other areas of life, and show no signs of slowing. For parents or students within a year or two of starting school, this can mean that your last year of college may cost 15-25% more than your first year. For parents or students that have a number of years until college begins, it means your savings plan
Show More

Related Documents: Analysis Of College (Not My Kid

BOOKS V. COMM Case Summary

Issue Professor Smith is a full status professor with tenure. He publish research papers in scholarly journals to satisfy his own curiosity and to maintain his professional prestige and status within the academic community. Publications are considered by the college when deciding whether to give pay raises to tenured faculty. For the current year, Dr. Smith spent $8,750 of his own funds to travel to southern Utah to collect some critical pieces of data for his work. Is the $8,750 travel expenses…

Words 691 - Pages 3

Essay on Green & Co.

Company Name: Greens & Co. Research Subject: Market Research for Exporters This Case study is based on the largest and most successful supermarket chains in the UK, Greens & Co. for the purpose of doing a market research to enter the American Grocery market. I have tried to answer the given questions as I have understood the Case study and the market research strategies taken by Greens & Co. 1. Identify the types of market intelligence that Greens & Co. used to move into the US…

Words 1149 - Pages 5

Essay about Australian tax

industry. Research by Newlon (1987), Swenson (1994) and Hines (1996) concluded that tax rate is one of the most important thing considered by investors in a foreign direct investment. One of tax policy could be used to attract foreign direct investment is income tax incentives. The attractiveness of income tax incentives to a foreign direct investment is as much as the attractiveness to a domestic investment (Anwar and Mulyadi, 2012). In this paper, we have conducted a study of income tax incentives…

Words 4120 - Pages 17

Household Income in the United States and Water Usage Essay

reducing his or her water consumption. In this paper, previously tested variables such as income as well as less-used variables were tested. Accordingly, the research question asks, “How do indicators such as income, age, economic views, perspectives on water usage as an economic or environmental issue, household size and years of residence affect one’s water reduction behavior?” Thus, the goal of this research is to investigate how these factors play a role in decreasing water usage and to recommend…

Words 876 - Pages 4

Head Start Impact Study

the Head Start Program and associated research and literature, with from this perspective: Head Start (HS) serves at least 90% families at the federal poverty level or below, they are responsible for instituting criteria so that children in families with greatest needs in communities are served, and recruiting of 10% of youth with disabilities is required. The early Head…

Words 891 - Pages 4

Advanced Income Tax Essay

William H. Bigsby Jr. Income Tax 26 September 2013 Prof. Powell Research Problem Chapter 5-2 I. Facts about my client: Client was diagnosed with multiple sclerosis when she was 27 years old. Client was employed full-time. Client remained full-time after her condition was discovered. Her employer placed extreme pressure on her. Employer’s pressure caused symptoms of multiple sclerosis to accelerate. Client was then fired by employer. Client sued the employer and collected damages caused by the employers’…

Words 589 - Pages 3

Urbanization In Ethiopia

1.2. Statement of the Research Problem Sustained high urbanization and population rates in Ethiopia will put extra pressure on already failing and deteriorated urban infrastructure, services, and housing stock. The massive housing needs are unlikely to be met by the small-scale housing cooperative, government, and upgrading approaches prevailing from the late 1970s until the mid-2000s, especially considering the high demand by the low-income sector of the population for affordable housing. In response…

Words 733 - Pages 3

parenting style social mobility tcm8 20 Essay

Parenting style influences child development and social mobility Pregnancy and infancy are now recognised as crucial periods for child development, but parental influences extend well beyond the early months of a child’s life. A growing body of research suggests that good parenting skills and a supportive home learning environment are positively associated with children’s early achievements and wellbeing. Hence interventions to improve the quality of home and family life can increase social mobility…

Words 3576 - Pages 15

Health Disparities: Preventable Inequalities In Health Care

been correlated with the lower-income population for the fact that they are viewed and treated unequally within the society they live in. That has been a major problem that arose in the world of health decades ago. This problem had caused plenty of direct and indirect effects on the population and the government that allowed for undesired outcomes to occur in the society. Health disparities lead to direct effects on the victimized group of people including…

Words 1934 - Pages 8

Essay on Guidance and Discipline Issues in the Early Education Classroom

instruction. These children will also have fewer chances to interact with their peer group and not be receptive to peer-based learning. Children who are disruptive and sad also risk loosing out on being an active learner. Children who come from a lower economic background have a much greater disadvantage than other children. Early…

Words 1843 - Pages 8