Monday, September 30, 2013
The Growing Burden of College Fees
http://www.propublica.org/article/course-load-the-growing-burden-of-college-fees. Due 7 Oct 2013. What are the causes of fee increases?? What are the back end opportunity costs of not having an affordable university system??
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Fee increases are simply due to the fact that these colleges want more money, even some things laceless as "free" aren't free. The back end opportunity costs of not having affordable college ate not enough education for the public, which the leads yo unproductivity.
ReplyDeleteThe cause of fee increases are variable to the college in question, but mostly revolve around the notion that colleges want more money. Critics suggest that some schools likely keep their fee costs fuzzy as a way of seeming more financially attractive to prospective students. Colleges also raise fees to better reflect the higher costs of running advanced programs such as engineering and nursing school. The back end opportunity costs of not having an affordable university system are multi-fold. It would drastically change the makeup of the economy and also prove to be detrimental to the economy as a whole. It would shift the labor force backwards in that jobs requiring higher education would become sparse and not needed. This would ultimately deindustrialize the state.
ReplyDeleteThe college says that the fees are meant for educational purposes but its obvious when you have feels like "Globalization fee" that has no description, just stating that you must pay, that this is a way for them to get more money. A back end opportunity cost would be that not as many people would be able to afford going to college, causing the unemployment rate to go up. Also without a college education its hard to find many jobs, some jobs require you to have a college degree, and if less and less people have that then businesses will not have enough employees
ReplyDeleteMost causes for fee increases in colleges are to cover facilities and privileges for students. These privileges, however, are far from helpful. Most of these useless fees drain money out of the pockets of already hungry wallets. The consequences that universities must accept from such high tuitions and coverage fees include lower enrollment. People are not going to want to pay such high prices for a educational experience that is essential to getting a job. To think that someone could go into debt because of something that was supposed to prepare them for their career, not hinder it, is baffling. I want to get into a college that is appropriate for me, which may entail a private school, automatically adding a good $20K onto my shoulders. My choice to experience a prestigious college should not be repelled by the price tag. You are discouraging students from reaching their fullest potential by allowing them to be limited by our own government and society. Loosen up the outrageous fees and get real with what college is meant to accomplish in the first place.
ReplyDeleteCollege fees are rising due to the increase need to fund the school and its components. Most of these fees doesn't really help the student get further into the education, but are merely just taking cash out of their pocket for things that the student should nott be responsible for, such as the Globalization Fee. The effects of these increasing fees include more debt for students if they are attending colleges already, increase drop outs due to the ability of not being able to pay for it, or even influence to-be college freshman not to attend college. All of these effects will ultimately lead to a higher unemployment rate, poverty, and will cause the people to depend on government funding for their basic needs.
ReplyDeleteCollege fees are increasing tremendously each year as unknown miscellaneous fees are added to the tuition costs. Tuition costs are supposed to include the cost of facilities and residence, if necessary, however it seems everything has a price tag. To park on campus, there is a fee; books are fee and then there are the random ones that the colleges throw out like a "safety fee." All these fees add up so quickly and instead students being worried only being admitted into school, they are now faced with the challenge of being able to afford if in fact they get accepted. This puts students in debt neck high when they finally graduate and universities have a lower of attending students.
ReplyDeleteMany of the fees that colleges are now charging are unexplained and vaguely named fees that seem to be a way of hiding tuition fees, making tuition seem affordable but ultimately costing more regardless of the name given to the charge. The fees compensate for a lack of state support or an increase in the prices colleges have to pay for various amenities, however many believe that despite this explanation the fees are overcompensating and are unsatisfied with the explanations they've been given regarding the reasons for the various charges of a college education.
ReplyDeleteBack end opportunities costs of a university education system that isn't affordable are the lack of an educated labor force that can fill the positions of jobs requiring post-secondary training and the gradual depreciation of our nations intelligence levels and an eventual inability to compete on the global market and participate in global conversations.
College are now charging the students fees that are unexplained, as a way of hiding tuition fees."It's a way for colleges to increase the cost that may not be as apparent to as many students," said Mark Kantrowitz, a financial aid expert and the founder of finaid.org and fastweb.org. The fees are rising due to the increase in money that the school needs to function properly. Instead of the college relying on the state to support them with the money, they are increasing the price of different things little by little so that its not too noticeable. the back end opportunity costs of not having an affordable university system is that there will be an increase in drop outs already attending the university, on the matter of their financial situation. There will also be a drop in the number of college freshmen coming into the college the following year for the same reason. With the number of people going to colleges dropping, the amount of people able to find a job, and the poverty level will increase rapidly.
ReplyDeleteThere are various types of “fees” being imposed on college students throughout the U.S. These fees are often hidden in smaller increments that seem inconsequential when placed alongside the larger tuition prices but can and do make the difference to many parents and students when the time for payment arrives. The causes of the fee increases are different for each college however they are all aimed at one goal and that is to allow colleges to make more money. For the college itself, the back end opportunity costs might provide more qualified teachers, newer dorms, and the construction of newer facilities. However in the long run these college fees might end up doing more harm than good for the colleges. . When college becomes too expensive, many people forego the pursuit of higher education. This will result in the degreed professions remaining unfilled. The eventuality would be that our economy, as well as our reputation as a global leader, could be forever impacted.
ReplyDeleteThe causes of fee increases are pretty similar across the board. Generally, the state funding for that school is locked in at a certain price, and those schools cannot charge any more for "tuition" so they charge more in "fees" which are, in this particular scenario, practically the same thing. The colleges and universities also increase fees instead of tuition so as not to start a riot in the students who already feel like they're paying too much for college. This trick makes certain colleges more affordable than others, when in reality they're really not. The back end opportunity costs of not having an affordable university system is that less and less kids can afford to go to school, and therefore less and less kids get a higher education.
ReplyDeleteThe causes of these fee increases are that colleges need money, but cannot necessarily raise their tuition, because then less people will want to go to the college. So, to make the extra charges more financially attractive and less intimidating at first, the extra money that the colleges wanted to charge in the tuition, they charge in small amounts in multiple fees, so it looks like less. The opportunity costs of not having an affordable university system would be having a larger amount of uneducated people and this would be more people that are not qualified for certain jobs.
ReplyDeleteIn the last several years, costs of attending college have increased in many countries, but especially in the U.S. where they were drastically high anyway compared to the rest of the world. The increase in fees can be attributed to the addition of extra, usually unnecessary, fees. These fees of “stealth” are ways to increase the cost in a way that may not be apparent to as many students because the focus is on the amount of tuition, not these small fees that add up. This increase in the price of an education entails many long term consequences. Making education inaccessible to those who can’t afford it leads to many people turning down college in fear of student loans. People won’t make as much money and contribute to the economy. The population will gradually become less intelligent and competitive. There will be a huge decrease in the amount of people qualified for jobs that require the higher education. Spots won’t be filled and the country can only lose money.
ReplyDeleteIncreasing college fees is making it more and more difficult for prospective students to afford paying for an education. A major reason for this increase includes, but is not limited to, a college raising tuition indirectly. By adding "fees" for students to pay, they may not as easily notice the increase in prices as they would have by raising tuition. Colleges are needing more funding and charging students is their way of paying for it. The most obvious back end opportunity cost of an less affordable educational system is less students are able to afford and attend universities after high school. As a result, less people are earning a higher degree in our society. The demand for higher paying jobs requiring these degrees is not being fulfilled when there is a shortage of the supply of students with these degrees.
ReplyDeleteIncreasing the already high college fees have placed higher education on hold for many students. Because of these fees more students are heading toward public community or state colleges, due to their lower tuition prices. If there was affordable tuition there would be less resources available to the students. The higher fees help support the programs of the schools. The backlash is that with increased tuition students are not paying them back they are in debt with their loans, and financial aide not being enough to cover the costs of tuition. Its either go to school and b n debt or be unemployed because you can't afford the higher education.
ReplyDeleteThe growing fees that todays college students are having to pay are not really helping them. These fees are setting them back because the fees are just becoming outrageous to the point that the students are going to have to pay them back plus interest all the way to their 50's. Not only will these higher cost fees put many of the students in debt, but it will increase the number of dropouts that are occuring. More and more students will drop out because they are unable to pay the fees or they do not see it being worth going to college because of all the money that they will be giving just to attend. This will also lead to probably more poverty because of the higher number of dropouts. This may also increase the unemployment rate as well.
ReplyDeleteThe causes of college fee increases are numerous. Colleges spend money for
ReplyDeletepublic and private research, student services, & academic support. To offset
money, colleges no longer receive from their state’s, legislature tuition is
increased. Over 40 states have taken action in the past year to reduce support
for their colleges. Both public and private schools have seen tremendous
increases in their operating costs because of state and federal regulations. The
American Council on Education estimates that, since 2008, 150 new federal
regulations have been issued causing gradual increase in fees says Forbes. The
back and end opportunity costs of not having an affordable university system
would be having less college graduates because less and less people will be able
to afford to go to college and fewer people that qualify for certain jobs and
careers.
Colleges are increasing their fees simply because they want more money for things the student body requires. With increasing technology today, colleges need money to fund this, and for other school funding. Fee increases are making it even harder for many students to afford a college education. Many Americans can not afford to pay the high prices that colleges now demand. Students have other expenses they have to pay for, and college is one expense that is much too high for many students to afford. Many students will no longer be able to attend a college, and if they do decide to attend a college, they will be swamped with debt when they are finally done.
ReplyDelete-Anita Pizzirani (Pizza)
Period: 1
Fee increases because colleges basically want more money, and the fees are rising to basically Fundraise its components and facilties, these harshly ever help the students. the back up end opportunity cost is that it is discouraging students from reaching there full potential due to the cost of everything and this will eventually lead to a higher unemployment rate due to cost of everything hardly affordable.
ReplyDeleteFees for colleges vary across the country but a general increasing trend can be found. These costs are going towards miscellaneous fees on top of an already raised tuition. The students are rarely getting any of the benefits from these excess fees. High college costs are discouraging high school students from considering college or even causing enrolled students to drop out. The rising number of uneducated youth has been a major cause for such high unemployment rates. These rates then correspond to a higher number of people under government welfare.
ReplyDeleteTo students, the money they are being charged are not explained in extensive details. Some universities charge their students extra money to the schools' general funds. Students are discouraged to go to universities because of he price of doing so is too high. Not only they need to pay for the tuition, but they also have to pay "special fees". If students insist to go to universities, they will have to face tremendous amount of debt at the end.
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ReplyDeleteFee increases come because colleges realize there is a high demand for College education. Everyone wants one and so they raise the price knowing that people will still be willing to pay it. Then, to make even more money, they will add hidden fees that make the college look cheaper making people want to go there. The back end opportunity cost would be taking out student loans and not being able to pay them back. In fact, Virgina Meachum, high school economics teacher, has stated that the next crash will be due to college loans.
ReplyDeleteThe fee increases that many colleges are imposing on their students come from several factors. Some States cut funding to the schools, and the schools forward this bill to their students. Furthermore, the materials necessary for the teaching of some subjects, such as engineering and nursing, are increasingly expensive, so the schools count on students to cover the differences. Overall, the fees can add up to thousands of dollars more than the sticker price. The fees are not very publicized and can often cause confusion. The back end opportunity cost for the schools will be a decreasing demand of being enrolled, as less people are able to afford the increasingly high price of attending. This, in turn, will result in a greater percentage of the population with no formal education, which will have a negative impact on the World's view of our nation and which will decrease our ability to interact in the increasingly globalized community.
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