Over the past few years, we have seen the cost of higher education continue to climb higher .However, ironically ,the unemployment rate of recent graduates reach a new high. It turns out,the college students and their parents must pay more money for college. And it's also taking students more time to earn the money if their family can not afford the tuition and living expenses including dorms, meals, books , transportation and so on.
So someone argue that a college degree isn’t worth it. In my personal experience, paying for a college degree was worth it because it helped me learn the skills that gave me the opportunity to apply for my dream job.
Why does the college tuition rise so fast?Maybe most of people argee with
my view that the reason of tuition continue to rise is price inflation and the the cost of living going up. The school need more money to build new teaching buildings, buying more teaching appliances and other things.
College Board Chairman Gaston Caperton said another engine of inflation
may also be students' rising standards of living. Dorm rooms and cafeterias are much nicer today than they were when he attended college, he said. But, he added, \"of course, we're worried\" about the continuing inflation and the danger that low-income students will be priced out of education.
The good news, however, is that many students who live at home and attend community colleges can still get an education at reasonable costs. After financial aid awards, they are paying an average net tuition cost of only $320 to carry a full
course load. Adding $2,191 for books, supplies, and transportation brings the out-of-pocket costs for a year at the lowest-cost college option to $2,511. But even that that's still up 7 percent from last year.
Of course, thousands of students are paying much more because they don't get financial aid. About half of all undergraduates and one third of all full-time students don't get any scholarships to defray their costs. They pay the full advertised sticker price of schools. For example, the average all-in cost for a commuter who doesn't get any aid to attend a community college hit $4,550 this year, up 5.5 percent.
In-state residents who don't get any aid at public universities are paying about $15,500 this year, a rise of almost $900, or 6 percent. And full-price students at private colleges are paying about $34,000, up about $2,000, or 6.1 percent.
The rising one-year prices are only part of the shock awaiting parents. The College Board warns that it now takes the average public university student six years to complete a degree. Private school students are taking an average of five years. That means parents should budget at least $79,000 to get today's freshmen attending in-state public universities through graduation.
