Download file to see previous pages...
9 October, 10, 2011. Dr. Morgan Bill Joint University students’ union Washington, CO 456007 Dear Mr. Houston: The union is submitting this report, due October, 10, 2011, that was requested by the education ministry. The report is entitled the High cost of College Education in America. The purpose of the report is to inform the stake holders in the education sector on the high cost of college tuition in America which has become a source of discouragement for students who would like to have a high level of Education. It further emphasizes on the need work on the lowering of the cost of college tuition. The content of this report centers on the price of college education which is not equivalent to future salaries and is not worth all loans and credits acquired to fund education. Any questions concerning this report can be sought by contacting Mr. Morgan Bill, the union secretary, at 453-6897. Very truly yours, Morgan Bill, Secretary General. Executive summary The cost of college education in America has over years increasingly gone too high. High tuition fee charges in colleges is now proving to be the biggest problem facing college students, parents and sponsors. In this hard economic time, students and parents are now struggling a lot sourcing for funds to meet this high cost of tuition fee. This has ranged from sourcing school loans from banks and including selling of property assets to fund education. This trend has negatively impacted on the concerned parties to an extent where students have almost lost hope for a better future. One very strong negative impact that has so far been noticed is the discouragement it has had on the students undertaking various courses in various universities. It is quite clear from studies conducted by this team that on completion of college education individuals who graduate hardly get well-paying jobs that match the cost incurred while in college. Moreover, a greater percentage of the little money earned from these jobs end up being used to repay the loans that were borrowed during school days leaving a minimal percentage for investment. This therefore renders a larger population of the newly employed and young hustling for their entire life. From these insights it is therefore paramount to consider the cry of the large young population and consider a thorough review of the entire fee payment systems in colleges with intent of lowering its cost for the benefit of the future generation. Methodology A sampled group of about 40 students from sampled universities and colleges in the United States of America were interviewed with a view of getting background information from the affected groups. Similarly, various employees who had just completed training was sampled and interviewed. The method selected aimed at collecting data that will enable the researchers identify the problem and propose potential solutions. Findings The cost of college tuition for many colleges has over time become so expensive. The price for college studies has neither equated the future salary of those taking the courses nor has it equal the loans and many credits being spent on tuition fees. It is therefore imperative to present this report as a means of passing a message of discontent and outcry facing parents and students who pay dearly to get valuable education (Heller, 2001). The biggest problem for millions of people living in America while joining a college or university is
...Download file to see next pagesRead More
There is a dire need to comprehend that the cost of college has been magnified by the lingering issues which have come to the fore, and which shall be the cornerstone of cutting down on the ever-growing fees for the sake of the students. The parents are bearing the brunt of the high cost of college and this is the reason why they are so worried in these times.
In America the terms “college” and “university” represent one and the same thing. College education in the United States of America involves four years of academic education in an institution that imparts higher learning (Lucas 27). Students enrolled in the specific four years are respectively called freshman, sophomore, junior and senior years (Lucas 27).
However, the high expenses of attending colleges have made it difficult for every person to get quality education as prescribed by the goals. Though it is a fact that students enhance their intellectual growth, make new friends, and gain independence only after attending college but the consideration of paying for it plunders the experience.
Students as well as instructors and other stakeholders of the educational system assert that there is tremendous amount of difference between high school and college, even though both share the purpose of educating individuals.
Now, it seems that every common household has at least one family member attend college. But with the increasing drop out rate today, students seem less interested in learning at college and their priorities change from their original goal of graduating. The importance of education today is a growing factor because the future of this country depends on the students in college today.
Its earnings were miserable, its competitors were becoming more and more successful in grabbing its market share and the employee morale was an all time low. The final blow to its reputation came when rumors of bankruptcy began floating around.In this essay we examine specifically how high over head costs of operating a mammoth organization like Xerox was one of the key factors contributing to its downfall during the 90s and early 2000s.
The report is entitled the High cost of College Education in America. The purpose of the report is to inform the stake holders in the education sector on the high cost of college tuition in America which has become a source of discouragement for students who would like to have a high level of Education.
The American President Barak Obama propagates higher education expansion. His government worries about financial issues for every college or any other educational institution. The “higher education bubble”
6 Pages(1500 words)Essay
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Essay on topic A Report on the High Cost of College Education in America for FREE!