Drafting a plan to address the problem of Manhattan Institute inability to grow revenue demands acquiring adequate funding. Fulfilling a university mission relies heavily on the availability of financing. The video clip (Educause Policy, 2012) concluded that determining funding options becomes critical to a university survival, the quality of education given to students, and the preparation of faculty to deliver quality education. Weisbrod, Ballou, & Asch, 2011 firmly believe that private donations and endowments are a primary source of a university and college revenue. The author's further state that higher education leaders must possess the ability to finance their unprofitable activities and be able to survive any shortfall of income (p.147).…
Among the budget cuts that the city council is considering is a 5 percent reduction in funds for secondary education. As the principal of one of the junior high schools that could be affected, Stella is worried. Such a reduction would almost certainly mean teacher layoffs and fewer teachers teaching more students.…
In the article, “Are Colleges Worth the Price of Admission?” by Andrew Hacker and Claudia Dreifus, the authors did research on several colleges around the country to see whether our investment on higher education is really worth the money that we pay for it. The authors believe that universities are the ones responsible for the doubling of tuition costs compared to what they used to be , and not fulfilling the most important objective to student’s which is: “to challenge the minds of young people” (180). In the article, Hacker and Dreifus outline some things they think would help improve some of the problems in the college system and a few universities that they like, and tell us why these schools have won their favor. Being an incoming freshman at Grambling State University, I’ve been able to see some of the issues universities can have from budget cuts, to problems with the G-men football team.…
College tuition has been a major topic these days. For a long time, people did not pay much attention to tuition. Today, things are changing. More and more people are realizing how expensive tuition has gotten and now they want that to change. Authors Elizabeth Marcello and James Skoufis argue the situation. Marcello, a sophomore at the College of William & Mary wrote, “The Case Against Free College” in 2014. Marcello is currently a member of the College Republicans. Skoufis, who is a member of the New York State Legislature wrote, “The Case for Free College Tuition” in 2014. When Skoufis was elected in 2012, his number one priority was making his state’s public colleges more affordable. The purposes for these two articles are to show the readers that there are different reasons why college should or should not be free. Although both articles are well organized and they both used rhetorical analysis, the one that is more realistic and likely to happen is, “The Case Against Free College.”…
Draut then correlates this inability to succeed with how the government supports its citizens. She makes a contrasts this generation to earlier generations when “if you wanted to go to college, it wasn’t that expensive and grants were widely available.”(493) This along with other economic changes in society had brought Draut to the conclusion that “Government no longer has our back….”(493) Although she does address that the federal government is spending more than ever before on student aid, she believes that this is not enough. In the end, she explains how this generation could have a better time succeeding if student loans weren’t as punishing and lowered their interest rates (492).…
Leachman, Michael and Mai, Chris (2014). Most states funding school less than before the recession. Center on Budget and Policy Priorities. May 2014.…
Patrick Callan, of the National Center for Public Policy and Higher Education, believes the situation calls for federal investment in education comparable to the Government Issue Bill (GI): American higher education was one of the great success stories in the second half of the 20th century. What we need now is something comparable to do what we did with the GIs and the baby boomers.…
The federal government already loses over $77 billion a year on educational grants and tax breaks, meanwhile students pay about $60 billion a year to attend public colleges and universities. By the federal government simply footing the bill instead of laundering money, public two and four year institutions could be free. This plan means cutting off aid to private institutions, but they can be left to their own endowments. This revolutionary change would mean no more confusing financial aid systems and no more crushing student loans. It is in the country’s best interest to have young adults who are educated, socially mobile, and not saddled with mountains of…
“You have brains in your head. You have feet in your shoes. You can steer yourself in any direction you choose. You’re on your own. And you know what you know. You are the guy who’ll decide where to go” (Silvestri 1). College is a place where young adults explore a new part of life that they never knew existed. Everything from study abroad opportunities, to entertainment and club organizations makes the 4 years of undergraduate school worthwhile. The people you meet in college will drastically change your life forever. As far as education is concerned, there is a huge difference between having a high school diploma or a college degree. Today a college graduate earns twice as much as a high school graduate. However, in order to receive a college degree plenty of financial sacrifices must be made. This paper also applies to government officials because they have a strong influence towards education and college tuition. My position demonstrates how college tuition plays a very important role in our American economy and increasing it will only decrease the actual number of students that attend. As a country we must work together to strategize different plans to overcome the obstacle of high tuition.…
After adjusting for inflation, the cost of tuition has more than tripled between 1973 and 2013. The slow recovery since the recession has accelerated this increase substantially and this reality forces students to take on staggering debts. The average debt load is near $30,000 and is the equivalent of a new car. This is compared to 20 years prior, where students typically graduated with debts amounting to $10,000 on average. This suggests that the decision on tuition costs does not have the students in mind. This is, even more, apparent in a private institution where a “winner-takes-all” society dominates. Competing intuition choose to maintain and increase quality by spending excessively, not by increasing efficiency, reducing costs, or reallocating…
Even when life seems to be changing rapidly and it appears that nothing stays the same, we know there is one thing that will almost always remain constant: the rising price of college tuition. For the past thirty years this issue has been plaguing the United States and college students alike. In recent years it has become even worse – in fact, the cost of college tuition today is 400% more than what it was thirty years ago. The average college student’s debt today is $23,700 with the average loan debt being $432 per month – over 10% of typical monthly earnings at a post college job. These colleges claim to be “building future leaders” and “preparing you for the real world.” The irony is that they are causing the problem to begin with.…
National Association of Independent College and Universities (2008, 2008). Together We Can "The Shared Fiscal Responsiblity of Higher Education in the U.S.". Retrieved 8 October 2008, from http://www.naicuse.net/…
As a student, one of my greatest concerns regarding higher education is whether or not it is worth the price. Will I be left in debt with little to show for it? Scholars have argued for years that these concerns are justified and that the cost of higher level education is rising beyond the point of sustainability, resulting in an economic crisis. Robin Wilson, on the other hand, contends that such fears are exaggerated. Robin Wilson is a reporter for the Chronicle of Higher Education with 25 years of experience dedicated to reporting on higher education. In her article “A Lifetime of Student Debt? Not Likely,” published in Washington, D.C. in May of 2009, Wilson provides hard facts and anecdotes with one main point in mind: acquiring a reasonable amount of debt for your education is a good investment. Wilson makes some very compelling points that are still relevant, and by and large, I agree with her at this very moment. However, some things have changed since Wilson wrote about student debt and this issue may not be so cut and dried. As interest rates change and the price of a college education increases, her argument makes less and less sense. Though for the time being, her main point still remains viable.…
America has been a world dominating country for decades, but in the later years we've seen a constant fall in the American economy and its future. We live in a highly competitive, global economy, and if our economy is to be strong, we need the best-educated workforce in the world. Education is also essential for personal well-being. We won’t achieve that if, every year, hundreds of thousands of bright young people cannot afford to go to college while millions more leave school deeply in debt. We need to ensure that every young person in this country who wishes to go to college can get the education that he or she desires, without going into debt and regardless of his or her family’s income.…