Tuesday, May 19, 2020

The Myths Of Rising College Cost - 2366 Words

Tuition charges have increased by a national average of 20% between 2008 and 2012 (Hiltonsmith Draut, 2014). Higher education stakeholders, such as students, parents, public policy makers, have expressed their worries about the rising tuition as it has triggered a public concern about college affordability (Mumper Freeman, 2011). For public colleges and universities, it was the first time that they have witnessed that tuition as a share of total revenue surpasses the state funding for public institutions nationwide in 2012 (U.S. Government Accountability Office, 2013). It imposes challenges to public higher education institutions to shift their dependence of revenue from state appropriations to tuition and other sources (Mulhern, Spies, Staiger Wu, 2015). A number of researches have investigate the myths of rising college cost (Archibald Feldman, 2012; Baumol, 1995; Bowen, 1980; Douglas Keeling, 2008; Heller, 2011; Martin, 2011; Mumper Freeman, 2011). In summary, the major factors that attribute to the rising college cost are: (1) the decline in state financial support for public higher education with the increasing support for other items (Mumper Freeman, 2011); (2) higher education institutions set their goals to be academic excellence, prestige, and influence. To achieve these goals, they tend to generate revenue source and there is no limit for the money they can generate. So they raise all the money they can and spend all the money they raised. RaisingShow MoreRelatedThe Real Reason College Tuition Costs So Much By Paul F. Campos Essay1521 Words   |  7 PagesReason College Tuition Costs so Much,† author Paul F. Campos makes a deliberative argument that the cost of higher education is not caused by public funding bein g cut. Campos uses invention, arrangement, and style techniques in order to structure his argument and persuade his audience. 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