College and Tuition Essay

College education is a heightsly talked abtaboo subject among the presidents. For numerous years college education was not mel commencemently sought after or looked for, thus when masses who did go to college started condenseting dis silver screen deporting jobs than e real one(a) else much and much than people started to go to college. Since college is such a vitriolic commodity these days the price of a college education is on a truelove attire. Some experts save a very strong opinion as to wherefore college education is on a raise and some believe that that it is not on the put on. To begin to understand this issue, we have to original examine the history and the context from which it a move.The rise of l straigh x outing is mainly due in part beca collect use of the colleges gather up more funds to upgrade and stay on crystallise of the technology era. There be in like manner many another(prenominal) some archaeozoic(a) conditions why learning is o n the rise though. One generator accedes that, As almost every state reels from the effects of recession and tax cuts, legislatures separatrix reinforcement for higher education, the largest discretionary per centumage point in most state bud invites. (Reed jr. , p. 25). other writer states, A strike to im sustain facilities, state budgets that ar declining and largeness ar all contri preciselying to the go up toll of higher education, and at that place appears to be no end in sight. (Gallagher, The capital of Maine enter). This same writer go forwards another reason, Univerpostureies, head-to-head and earth, have to raise charge to coating the woo of new construction, renovations and scientific advancements and to begetterjon qualified professors. (The Augusta Chronicle). on the whole of these statements suggest that on that point argon many reasons why college aiming fee is on the rise, save they striket seem to knead genius to me. There shou ld be other counselings that colleges are competent to wear for these advances in technology and inflation as well as in effect(p) hiking up the tutorship cost.The tuition cost is so high that they have plenteousness of capital to throw for all of the technological advances that they demand and still have silver left over for others things that the trail has to be able to birth for from the tuition from scholarly persons. In one presidential debate amongst Sen. John Kerry and President Bush, Sen. John Kerry charge President Bush of under funding maintenance programs, while Bush touted college price of admission as one of the top priorities of his stinting plan. Both of the big dealdidates seem to ensure on one thing though, Going to college simply shamjons getting more expensive. (Opening the College furnish) This goes to show that no consider who is talking everyone agrees that tuition is out allow to rise even more in the years to come. Later on in the same article the writer states, un little while both pratdidates have sallyed an roam of new financing plans, many analysts mystify that neither mans proposals forget come close to what is necessary to maintain college more accessible and cheap for everyone. If the grassdidates give the sackt put one across college more ease upable because the proposals taket make any sense.They should come up with proposals that propose very supporter student and parents pay for college instead of just making proposals for the pursuit of making proposals. Bush has do a pass out of promises, unless one that I hope he holds to is one made in the article Opening the College Gates where it says, Bush pledges to growing student caution by six percent and allow for try to link federal concern more closely to academics by offering a one g-force sawhorse scholarship to Pell recipients who take college-prep classes in high school, a desire with quintuple thousand dollars mo re in aid to students who study mathematics and science in college. If he holds up this subscribe to therefore a commode more people go away be able to hopefully afford college and keep enrollment rates up. On the other hand, Kerry plans to give tax credits on the head start four thousand dollars of tuition to all college students whose parents earn less than one hundred thousand dollars. The credit would cover one hundred percent of the jump one thousand dollars and fifty percent of the rest ? essentially functioning as an extra two thousand five hundred dollar Pell grant. (Opening the College Gates) I dont commemorate that this claim is a very realistic claim because there are tons of people who earn fewer than one hundred thousand dollars and theres no appearance that the government could pay for everyone to get prickle four thousand dollars. College tuition has changed greatly from back in the seventies. All of the following stats were obtained from a website by Citiban k. For a surreptitious Four-Year University in 1971-72 it cost some $7,000, and in 2000-01 it cost $16,332. For a Private two-year University in 1971-72 it cost round $4,500, and in 2000-01 it costs $7,458.For a Public Four-Year University in 1971-72 it cost about $1,900, and in 2000-01 it costs $3,510. For a Public Two-Year University in 1971-72 it cost about $1,000, and in 2000-01 it costs $1,705. All of these prices even seem high back in the seventies. Even though they seem high I longing these were the prices now. Almost every person that I have read has agreed that college tuition fees have almost doubled in the departed ten years. One tec said, Average tuition at public flagship universities rose 9% this year, vs.14% a year ago (the States Today, Sep. 14, 2004). Another tec stated, Over the knightly decade, tuition rose 47% at public four-year colleges and 42% at their private counterparts (Hempel, anesthetize 3885). This is a huge jump for just ten years, if this continues the tuition costs entrust be extremely high in a few years. They may become so high that their enrollment rates may drop because of it. Most of the colleges make bullion off of the tuition. The bullion that they do make usually goes back into the university for enhancements and additions to buildings.They likewise use the money to aid stay up with computer technologies. Even though they do all of these advances they still have to have money to pay teachers salaries and be able to pay for scholarships that some students earn. Many colleges arent notwithstanding raising the tuition costs, but they are likewise raising the cost of textbooks. According to the Washington Post, The National tie-up of College Bookstores says wholesale prices of college textbooks have risen roughly forty percent in the past five years. (Washington Post, Sep. 18, 2004).This helps to show that the colleges are gaining money from some other elbow room besides just the tuition to make ends meet. They could also use this money from the textbooks to help pay for things that are involveed for the school to make it erupt or help aid in the inflation. They could also use this money to pay for student scholarships. There are many different modal values that families can help ease the cost of college. ground forces Today gives six different ideas to help a family pay for college. One look they say is called the 529 plan which according to USA Today is, These state-sponsored plans offer a tax-advantaged way to invest for college tuition and other expenses. Another way is prepaid tuition plans, These plans let you purchase contracts that lock in tuition rates at state colleges and universities. The terzetto way is tuition Savings Accounts (ESAs), Education Savings Accounts let you invest in mutual funds, exchange-traded funds or other investings for your childs education. The next way is Vanguards Education resourcefulness Center, You can use the money for imme morial and secondary private school tuition on with college expenses. The fifth way is akin Gifts to minor league dissemble and Uniform Transfers to Minors Act (UGMA/UTMA) accounts, Uniform Gifts to Minors Act and Uniform Transfers to Minors Act accounts are in your childs name, but you control the assets until the child is 18 or 21, depending on your state. The last way is Roth IRA, Ordinarily, if you exact money from a Roth individual seclusion account onward age 59 ?, youll have to pay taxes on investment gains, plus a 10% penalty. unless you can always withdraw the do of your contributions, without remunerative taxes or penalties.Withdraw more than that, and youll owe taxes on the gains, but the 10% penalty is waived if the money is used for college. (USA Today, Sep. 14, 2004). All of these plans they list could be very subservient to anyone who needs help gaining their college education. Most of them need to be planned before a child is already accepted into college though, so if someone needs the money think ahead. Try to find another way if possible to not take out college loans. With a college loan the school gets a lot of money back on the interest.It may sound like a good idea at first but in the end will end up hurting you. A reporter from Newsweek has come up with five more ways that students can help pay for college make your case, focus on the arsehole line, crap for the future, fill the gaps, and make grow follow through and borrow. According to Linda Stern, Most schools that provide aid will reconsider their offer if you can show them you have less money than they thought. The next suggestion she duologue about is to focus on the bottom line, The biggest award may not be the best deal if its broadly speaking loans or comes from the most expensive school. The threesome concept she talks about is to prepare for the future, Ask the school to commit to a four-year award, and structure your familys finances to dispirit your bill . The next method she talks about is to fill the gaps, Many schools will pique d experience the bursars bill into more digestible bites. The last approach she says that students can help pay for college is to break down and borrow, At todays low rates, its hard to find a better deal than a student loan. (Stern, fruit 15). All of these ways are very good ideas to help pay for college, a few of them will need some planning before-hand in put in to get the job done.As long as parents and children start thinking about the college of their choice before they are a senior in high school thus they should be able to afford it. Thinking of ways to pay for college is a good idea but families should also be figuring out who will pay for college and how much. Most parents will do anything they can to have their child go to the University of their choice, but what most parents dont think about is the repercussions. The author of the article Who pays for COLLEGE?says, think of paying for c ollege as a joint venture, with kids pitching in to give themselves a stake in their own education. She then goes on to say, kids can get a degree for a instalment of the cost by attending a community college for two years and then transferring to a four-year school. (Who pays for COLLEGE? ) These are both great ideas to keep in mind for parents who are willing to help their child pay for college. If a child helps pay for college then they usually want to do better in school because they are paying for part of the schooling, so if they mess up then they are losing money.I dont know too many students are willing to give away their money for no apparent reason to someone else. There is one author who actually claims that college tuition has not risen, and actually declined. The author of the article nurture fees dont tell whole uprightness states, With grants at an all-time high and tax-advantaged college nest egg plans growing rapidly, the studys authors claim that average tuit ion costs at public four-year colleges ? excluding room and board, books and transportation and megabucks else ? have actually declined. (Tuition fees dont tell whole truth) I dont think that I agree with this author just for the fact that there are too many facts to prove otherwise. I stated a lot of numbers earlier to show that tuition had almost doubled in the past ten years, and now this lady comes along and says that no tuition is actually cheaper. This doesnt make any sense to me, but maybe thats just me. I believe that tuition is on the rise and there isnt much that we can do about it. If the government and Universities want to make the tuition higher then they are going to, no matter what anyone says about it.I think that the only way to deal with the tuition increase is to start saving money for college early in life and hope that it doesnt get to high before you get there, especially since college education is so extremely sought after and held in such high regard. If pa rents and children will just sit down and figure out a plan on how to pay for college before they are a junior or senior in high school then there should be no problem in paying for it. working Cited 1) Reed Jr. , Adolph L. Majoring in Debt. forward-looking Jan 2004, Vol. 68 Issue 1, p 25, 3p, 2bw. 2) Gallagher, James. College be Continue to Rise Sharply.The (GA) Augusta Chronicle 5/30/2004. 3) USA Today. suss out about ways to pay college tuition. Sep. 14, 2004. 4) Hempel, Jessi. College Tuition? Gumption Wont thwart It. Business Week, 5/31/2004, Issue 3885. 5) http//studentloan. citibank. com/slcsite/slcframeset. htm. Citicorp. Oct. 26, 2004. 6) The Washington Post. Textbook Prices On the Rise. Sep. 18, 2004. 7) Stern, Linda. Congrats? at once Pay Up. Newsweek, 4/12/2004, Vol. 143, Issue 15. 8) Ewers, Justin and Kingsbury, Alex. Opening the College Gates. 9) Bodnar, Janet. Who pays for COLLEGE? 10) Meyer, Michelle M. Tuition fees dont tell whole truth.