mackinzie: (Rant)
[personal profile] mackinzie
I've been going to school for about six years and I graduate in December. I don't have to pay tuition anymore but I'm angry for all the people who do.



http://news.yahoo.com/s/ap/20071022/ap_on_bi_ge/college_costs

College tuition and fees rise 6.6 pct.

By JUSTIN POPE, AP Education Writer 1 hour, 30 minutes ago

Average tuition and fees at four-year public colleges rose 6.6 percent this year, again outstripping increases in financial aid and pushing students into more borrowing. Community colleges once again did the best job keeping the lid on prices.

In-state students at four-year public schools are paying $6,185 this year, up $381 from last year, according to the nonprofit College Board's annual survey of college costs, released Monday. At four-year private colleges, tuition and fees rose 6.3 percent to $23,712.

The published price is not the real price for many students. On average, accounting for grants and tax breaks, full-time students are actually paying $2,577 this year to attend four-year public universities. That's $209 more than last year.

However, even the net price is still rising much faster than overall inflation. The net price at public universities is $560 higher, in 2007 dollars, than a decade ago. The five years have seen prices rise 31 percent above and beyond the general inflation rate for other goods and services — the worst record on college prices of any five-year period covered by the survey dating back 30 years.

Prices at two-year colleges, which educate about half of American college students, rose 4.2 percent to $2,361. Accounting for aid, their average net cost is only $320 per year.

A companion report released on trends in student aid shows that over the last decade, increases in grant aid — money students don't have to pay back — have covered only about one-third of the increases in private college tuition and half the increases at public four-year schools.

While borrowing from the government is still far bigger, students are footing more and more of the bill with private loans from banks and student loan companies. Undergraduate private borrowing grew 12 percent to $14.5 billion in 2006-2007. The rate of increase in total private borrowing for education has slowed, but borrowing has increased tenfold over the last decade.

Including room and board for students living on campus, charges for public four-year colleges were $13,589, or 5.9 percent higher than last year. At private four-year schools, total charges rose by the same percentage to $32,307. George Washington University in Washington, D.C. recently attracted attention for becoming the first major university with a published price, including room and board, of more than $50,000.

However, the percentage of college-goers who pay such large sums is fairly small. Fewer than 10 percent even attend colleges with tuition and fees higher than $30,000, according to the College Board, and many of those students receive financial aid. About 56 percent of students at four-year colleges attend schools listing a price under $10,000, and about one-third attend schools charging under $6,000.


...college tuition and fees are rising. So basically, there's a combination of a cost of living increase and officials who decide that they want to pull funding for colleges to go toward where ever the hell else.

Okay, if a lot of high paying jobs require having a college education and you pull funding for college and make people pay out of pocket and have loans and etc...do you wonder why some people decide not to go to college and end up taking base level jobs at fast food places?

So now you have thousands of people not going to college, taking low paying jobs and flooding this area with applicants. This fills up all of the spots for most jobs rather easily, making it hard for people who want to find jobs and can't because they can't afford to get a college education so they go to LOOK for remedial jobs...

This makes unemployment rise. The cost of living goes up. People can't get by...so they pull more college funding. It's a f-ing cycle.

See where I'm going here?

Wake up public official people! This is your children and grandchildren's future you're talking about. But do you care? No, you're going to retire in 5 years anyway...whatever! You've already got a nice cushy job!

I've got $3,000 in loans plus interest rates to pay back because of this.

I suppose people have been arguing about politics and taxes and all this other stuff since the beginning, just joining that little pool.

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Mackinzie

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