This upward appeal is an indication that the need for financial aid is increasing. It also points to the fact that tuition is ever rising in colleges and universities. Interestingly many colleges and universities have created adverse economic circumstances funds to try and help student who have been hard hit with recession. Moreover, organizations like alumni associations are coming in handy to help to add emergency funds.
Smith says that colleges need more funding for their tuition due to increased expenses and economic crisis witnessed the world over. Like any other institutions these colleges are subject to governmental taxation which hinders their operations thus there is need for them to get financial aid to cushion them against inflation. He notes that the amount received by these colleges is dependent on how well they spent the previous aid.
More money is given to those colleges who are able to account to their expenditures. Colleges are also offered grants and if they can't receive grants depending on their expenditure they still have to receive a fee waiver from the government to have discounted tuition to their students. Poole also says that the other reason why colleges need more funding is because more and more student are opting to leave in colleges as compared to those living with their parents.
Furthermore, Kosters says that more students apply for work study programs which put more strain to the budget of the institutions. In order to attract more students with strong academic profiles, colleges and universities have changed their structure of recruiting and have put emphasis on the need based rather than merit based scholarships. As a result, the amount of scholarship given by public college to students exceeds the average amount of an award given to student in the low income quartile.
Unfortunately, the gap in scholarship has grown over time. On the other side of the argument, the long-term financial benefits of higher education are well-known. The government is a crucial player in the education sector. It ensures that scholarships, grants and loans are awarded to need students. They come in different forms which ranges from housing and tuition.
Scholarships are terms and conditions depended and can only last for a certain period of time thus putting the student at risk if the scholarship expires.
International students hit hard by B.C. tuition fee hikes – Vernon Morning Star
For instance, a scholarship could only be for a period of one year and rarely does it cover the whole period of study. Since scholarships depend on the prevailing conditions, it then means that needy students might be locked out if they do not meet the set conditions and terms. On the other hand, grants are is a reward in form of a onetime payment for a specific purpose e. The bottom-line is that grants are onetime payment of a set amount. Reportedly, the government tasked with the duty of supporting and directing two activities within higher education where it is believed that there is a primary responsibility of ensuring accessibility of higher education besides sustaining the basic and applied research geared towards the interest of the nation.
Hooks and Blevin add that the government is judged with providing support in areas where there is a clear public interest even though it may not be a responsibility of the government. The government supports education by providing regulation towards funded activities and mandates education stakeholders and colleges to pursue areas of interest. The proposed government regulations for colleges such as denying federal funding to programs word repeatedly saddled students with debt that is defined as unrealistic under a new formula that takes earnings into account Hooks and Blevin.
Arguably, unless the college provides a valuable degree, one that pays off in future income, the government will not subsidize it. Evidently, this regulation raises a number of issues about the value of college education. One clear catch is that not all degrees from higher education institutions pay off.
And the government is thoroughly involved in the business of subsidization, particularly through student grants and loans. Moreover, Hooks and Blevin look at the new regulation kicks over for those trying to find out the best policy for higher education funding, and raises most critical question in the debate over college cost. However, combining these efforts with those of the stakeholders and interest groups is a considerable challenge, and neither the colleges nor the government does a good job of addressing it.
While the colleges are generally aware of the importance of government programs, seldom are university and college policies designed to complement efforts of the government. In return, the government is even less premeditated in its policy efforts, rarely taking into account the ways in which changes in government policy affect colleges and universities, either way. In spite of these difficulties, the net result is amalgamated system that is one of the most diverse and accessible in the world.
Argumentative Essay: College Tuition Hike, Acceptable?
Arguably, the government ensures that policy processes in education sector are more effective and that they should acknowledge that it is the role of government supervise and evaluate high education. Additionally, appropriate higher education professionals should be intentionally involved in policy making.
Poole argues that college education institutions should be expected to operate separately in implementing policies and realizing objectives within the agreed structure. The government in its formulation of policies should allow the higher education institutions to operate freely. Similarly, if the government wishes to influence the policy process including development and implementation, it is vital that individual professional should become active in policy making.
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An independent body should be established to provide research data for current and future research on higher education. As a consequence of economic crisis the government has reduced its funding of higher education. Wise and Hauser observed that this increase was also accompanied with a dramatic increase in tuition rates. They argue that increase in tuition rates outpaced the cost of living and priced college education out of reach of common people.
However, these scholars admit that greater selection in admissions and a high quality as measure by grades not only makes the college look better but also helps the institution financially. Wiley states that intervention by the government in reducing funds to colleges will undoubtedly lead to increase homeschooling in the country. He defines homeschooling as a form of education in which students are taught from home. The government policy is going to encourage new entrant higher education through establishment of private institutions which are not subject to accountability to any outside authority.
These private institutions feel accountable to students and parents through the quality of services they offer further education colleges. According to Matthews, as a rule of thumb, total education debt accrued to a student at the time of graduation should be less than the expected opening salary.
However, this is not the case for many students who benefit from government funding. He observes that many students who graduate from colleges find it difficult to even secure a job and before they realize their debt is higher than they can afford. Evidently, the class of is the most indebted class ever- until the class of graduates. It is quite apparent that there is a college tuition crisis and it must be addressed. Better Essays words 3. State universities have now become, in many cases, prohibitively expensive for many families.
Financial aid at formerly generous private schools has dwindled and merit scholarships have gotten smaller or disappeared completely According to the website www. This rise in tuition and fees has many students, seeking higher education, scratching their heads and wondering how to even afford it.
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The price has sky rocked to the point students are left with no choice but to take out massive amounts of loans, and the students are saddled with debt for the rest of their working life Better Essays words 2 pages. We want to have a secure job when we get older, so we can have a happy live. There are a lot of sacrifices we may have to make to be able to graduate a four-year college to get degree.
There are a lot of people who would make these sacrifices, but they do not have the resources, such as money and car for college, even if they do have car they cannot afford college tuitions. The college tuition is the biggest reason most people cannot go to college Currently, a debate about whether universities and colleges should increase their tuition fees has drawn a lot of attention and discussion among both the students and the faculty.
During the last ten years, average U. In order to get a good paying job, a college degree is required. More people are attending college in order to get better paying jobs, but is going to college worth a good job with rising tuitions across the nation.
Ontario government expected to cut tuition fees for Canadian students by 10 per cent
According to College Board, from to , the average tuition and fees for a private institution rose about an average of 2. As tuition prices increases every year, it affects millions of college students Better Essays words 4 pages. Everything looks dead around me - brown grass, bare and skinny trees, my tired classmates.
I look at the wildlife and think about greener, more beautiful places. I imagine that I am hiking in North Carolina or Austria, where nature needs no sprinklers to remain green. Why am I awake now. How can I find beauty on this hike.
How can I possibly write an essay about this. Despite my negative thoughts, I force myself to focus on the hike. Birds soar through the crisp air, singing their morning melodies and landing on trees and telephone wires