College Cost Crisis Case Study
The College Cost Crisis
September 4, 2003 A Congressional Analysis of College Costs and Implications for America’s Higher Education System by:
Rep. John A. Boehner (R-OH), Chairman, U.S. House Committee on Education and the Workforce & Rep. Howard P. “Buck” McKeon (R-CA), Chairman, U.S. House Subcommittee on 21st Century Competitiveness
Table of Contents
Introduction and Key Findings Part One: The Federal Investment in Higher Education Part Two: Historical Perspective on College Cost Increases Part Three: Public Perceptions on College Affordability Part Four: National Trends – a State by State Analysis Part Five: Moving Beyond Excuses; Bucking the Trend and Keeping Costs in Check to Keep Education Within Reach Analysis and Conclusion …show more content…
It is now on the order of anxiety about how to pay for health care or housing, or cover the expenses of taking care of an elderly relative. Financing a college education is a serious and troublesome matter to the American …show more content…
This means that families across the nation believe there is significant value to a higher education, but struggle to afford the ever-increasing price tag. These findings are troubling to say the least, particularly when viewing the trend of cost increases and the number of families who, though they believe postsecondary education in growing increasingly important, are priced out of the college market. A May 2002 report entitled The Affordability of Higher Education: A Review of Recent Survey Research 2 from the National Center for Public Policy and Higher Education helps shed light on public opinion surrounding both the importance and affordability of higher education. Excerpts and findings from the report follow. The Importance of Higher Education “In the view of most Americans, a college education has now taken on the importance that a high school education had in the past, and has become a necessary ingredient for a good job and comfortable lifestyle. This value is shared even more widely among African-American and Hispanic parents.” • 84 percent of those surveyed say that it is extremely or very important to have a college degree, and 77 percent say that getting a college education today is more important than it was ten years
September 4, 2003 A Congressional Analysis of College Costs and Implications for America’s Higher Education System by:
Rep. John A. Boehner (R-OH), Chairman, U.S. House Committee on Education and the Workforce & Rep. Howard P. “Buck” McKeon (R-CA), Chairman, U.S. House Subcommittee on 21st Century Competitiveness
Table of Contents
Introduction and Key Findings Part One: The Federal Investment in Higher Education Part Two: Historical Perspective on College Cost Increases Part Three: Public Perceptions on College Affordability Part Four: National Trends – a State by State Analysis Part Five: Moving Beyond Excuses; Bucking the Trend and Keeping Costs in Check to Keep Education Within Reach Analysis and Conclusion …show more content…
It is now on the order of anxiety about how to pay for health care or housing, or cover the expenses of taking care of an elderly relative. Financing a college education is a serious and troublesome matter to the American …show more content…
This means that families across the nation believe there is significant value to a higher education, but struggle to afford the ever-increasing price tag. These findings are troubling to say the least, particularly when viewing the trend of cost increases and the number of families who, though they believe postsecondary education in growing increasingly important, are priced out of the college market. A May 2002 report entitled The Affordability of Higher Education: A Review of Recent Survey Research 2 from the National Center for Public Policy and Higher Education helps shed light on public opinion surrounding both the importance and affordability of higher education. Excerpts and findings from the report follow. The Importance of Higher Education “In the view of most Americans, a college education has now taken on the importance that a high school education had in the past, and has become a necessary ingredient for a good job and comfortable lifestyle. This value is shared even more widely among African-American and Hispanic parents.” • 84 percent of those surveyed say that it is extremely or very important to have a college degree, and 77 percent say that getting a college education today is more important than it was ten years