Summary:
This article is about how in the 2013-2014 year, the tuition interest is slowing down from the college students, but the cost of colleges is at an growing pace. At public 4 year colleges, published tuition and fees are at a low 2.9%, but the schools cost have increased because the growth of financial aid has not kept pace with the increase of college tuition. The average price for a 4 year public university is $8,893, and with interest, the price to go to school is much higher every year that tuition and interest rises. From the 2012- 2014, the tuition it of private schools has increased over 3.9%. The tuition rates go down and up each year without a particular patter, but with the college tuition on the rise each year, the overall price to go to school will increase every year.
Analysis:
After reading this article I was very surprised to sees that the tuition interest after school has gone down but thats not always good to look at when when in school. Every article I have looked at before on this topic has stated that interest has been on the rise and that is the number one thing that is hurting students after they finish school, but after reading this article, it seems that the price to attend school has just as big of an affect as the interest. Because the interest and the price to attend school each year is constantly on the rise, more and more money will be coming out of our paycheck each year.
http://www.usnews.com/news/articles/2013/10/24/the-rise-in-tuition-is-slowing-but-college-still-costs-more
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