College and The Rising Fees

            College tuition and the financial aide available for it is very important to me. It completely affects me and everyone else reading this blog. Over the recent years as more baby boomers retire more and more money is needed to meet their needs taking away from everyone else. For example, taking the governmental financial aide available for students trying to make it through college. College is extremely expensive and only continues to get more expensive each year! In the last five years average tuition for public four-year universities increased by 24 percent, and tuition for private non-profitable universities by 17 percent. These numbers seem astounding but I found out that the rise in tuition in each sector, with the net inflation-adjusted site, and the total amount in Federal grants and tax benefits tuition has actually decreased over the last five years. The government is giving more and more money to those who are in school to meet the demand for cost by the universities both public, private, and community. I was extremely surprised to read that the Federal Governments grants this year actually surpassed those of institutional.

           Even though there is good news in the amount of money being given surpassing rising tuition, tuition is going to continue to rise whereas, say the Pell Grant will stay the same. Scholar’s are hoping that institutional grants will even out the gap, with the costs since states are cutting educational money being spent for students. I’m not so sure that will work. I think college is a must and a good tool to become educated but for what price?I guess it depends on the person. One way to help the problem is for younger generations who are affected by this to get out into the public eye and start voting or even start lobbying for more financial aide on the capitol steps!Some could go as far to think that maybe a law should be placed putting a cap on tuition even for private colleges so no one is left behind. Most people say our children are our future so we better start providing a less expensive way to become educated or we will be our own future!!

NY Times