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Essay / The Rising Cost of College: Value or Burden?
A 2015 article from the Center on Budget and Policy Priorities explains that “states cut funding significantly after the recession. The average state spends $1,805, or 20 percent less per student than in the 2007-08 school year” (Mitchell and Leachman). With around 20 percent less per student awarded to educational institutions over time, this will represent a considerable loss of money and schools will have to adapt accordingly. Unfortunately, one of the ways educational institutions are working to correct this situation is by increasing student tuition fees. In this case, it is much more difficult for academics to justify attending an institute. Some people will say that you can get financial aid. However, this does not prove to be the case for must-have students. Once again, this is a failure in obtaining an education. An article by Michael Mitchell and Michael Leachman states that "in Arizona, published tuition rates at four-year schools have increased by more than 80 percent." With this increase in education, how can students know where the money is being spent? Researchers would like to know that the cost of their education is not spent incorrectly and are curious to know why the cost of education is increasing when there is no increase for them in the world.