The Pros And Cons Of Runaway Tuition

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examined only the published, not net prices ("College Costs: FAQs"). Moreover, news media outlets all over the United States have fueled the exaggerated public perception with stories supplementing the theme of “Runaway Tuition.” Tuition discounting also includes “cross subsidization,” or cost shifting from the full paying students to those with financial need or who meet other institutional priorities, such as those with outstanding athletic or academic abilities ("College Costs: FAQs"). As one result of rising college expenses, graduates are halting their marriages until they are more financially keen. The average wedding is not cheap, but one would think that two recently graduated scholars with degrees could afford this. The Wall Street Journal writes “between the years 1980 and 2000 marriage among the young adults of 25 years of age to adults of 44 years has declined by fifteen percent” (Shellenbarger). There are many other factors to the decline in marriage, but college loans seem to have more of a lasting impact on graduates than some may realize. A second result of college costs is that after the graduate gets married, they are choosing to…show more content…
“An advanced degree could earn a worker as much as $2 million more over their lifetime than someone with a high school diploma” (Michael). Even having limited post-secondary education without having a formal degree can add as much as $250,000 to lifetime earnings (Michael). Two years ago, The Pew Research Institute conducted a survey of college graduates. Statistically, 79 percent of those with four years or more of schooling felt more confident in their work environment, while only 54 percent of two year students felt the same (Desilver). Those in Private Schools generally pay more for student loans, but Pew also found that those in Private Schools also pay off their debts at a faster rate than those in Public
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