Why The Rise In College Tuition?

byskyhigh49

747 followers

Updated 7 years ago

Attending college for the first time can be a little intimidating. You come from high school were life was fairly easy. The classes were simple enough that you really didn't have to study much to make the grades.

But college is a different animal. First of all, you arrive for registration and there are so many new faces. And then there is this something about college that gives you the impression that this is the necessary big step to the fulfilled life, no more kidding around. I mean after all, a college education can be pretty expensive. And this may be the first time you are hit the cost of something big.

And what a big cost it has become.

Over the years, there has been a steady increase in the cost of a college education. But is this increase justified?

If you can show where your product or service is demonstratively better, more results producing, then perhaps you can justify increasing the cost of your product or service.

And so, by that standard, how do colleges justify increasing the cost of a tuition?

Take a look at the next chart:

I find this interesting that the increase in a college education outpaced the increase of the cost of Medical Care (I'll play it safe and not mention the skewed numbers for women's apparel).

If I buy a new car today, it is likely that this new car will have more bells and whistles than an older model car. And it's possible that this new car may perform on a higher level that an older car.

And so if you look at the fact that students today are going into deeper dept just to obtain a form of education that no more insures them of obtaining a job in their field of employment than it did yesterday, how do you justify the increase in a college education?

I am pretty sure that students do not attend college with the dream of graduating and obtaining a job working at Best Buy, or the Home Depot, or McDonald's - all fine companies. And even though Walmart is the no.1 retail store in the world, I cannot believe that working at Walmart is the dream of someone who has to pay back the (in most cases) large student loans after graduation.

But here is the reality of far too many college graduates:

This is in fact what is happening to many college graduates. The expectations tend to be more than what the reality ends up becoming. I mean, The expectation of a college student may be this:

But the reality is often this:

Or from this:

to this:

Is there a better way to realize your dreams? I think so. Instead of trusting solely in a college education (with it's ever increasing cost) that is no more results producing today than it was yesterday (I know I just went against the holy grail), how about taking your college education and adding to it something that can really make your life after college so much more exciting and rewarding.

How about owning your own life via entrepreneurship with the education that accompanies the Wealthy Affiliate opportunity (Of course).

And dare I say it's much cheaper.