The beginning of tertiary education is considered to be among the transitions of life which can sometimes become stressful. Several students leave their homes for the very first time. With this they leave friendship networks and family support and embark on a mission that presents all types of challenges which include academic performance stress. Currently, the distress that comes with matters of financial ability bring on board an even mightier role compared to what was known previously (McGlynn & Provitera, 2006). This paper presents a discussion on how and why reducing tuition is something major that aids students to join college. The gives three major reasons to this that include; granting more students an opportunity to join college; giving students enough time to explore the country's culture at large; as well as helping the students reduce their debts after graduating.
Increase in College Education Population
At several colleges all over the nation, as the effects of an economy that is worsening is being fret by the administrators, students who arrive at such a fall will acquire enough help to secure jobs, as well as more advice on how to pay for their education. As the financial institutions tighten their standards regarding loans for private college, educational institutions and families remain uncertain on whether the incremental steps might be enough on keeping the large number of students from a bail out. This threat might prove to be largest at the smaller private institutions, in which case the relatively high tuitions and limited enrollments might magnify the budget stresses. The lack of protection by the government would mean that several students including their families, as the conditions of the economy worsens, may face larger restrictions including costlier terms as they look out for private loans that would help to cover the gaps that are left by the federal loans (Basken, 2008).
Debt Reduction after Graduation
As the costs for college education continue outpacing inflation, private loans with regard to the same seem to have grown. The leaders in colleges are clearly aware of the problem potentials. The enrollment managers and financial-aid directors at several institutions monitor the credit markets at a very close range. These persons are coming up with plans on the way to help students cope with the tougher conditions of the economy. Certain institutions are already on the verge of acknowledging the emerging problems, where officials report the need, for example, to accept the students who perform lowly to meet the enrollment projections. Many students might be at a good position than those in several small colleges after the renouncing of the federal loan program. Small-to-medium sized private colleges seem to be also taking an attitude of wait-and-see before making any given drastic changes within operations (Cavanaugh, 2009).
Exploring Different Cultures
From several high school students it appears hard to imagine of the long-term benefits that college education can present. They view college as intimidating, as being daunting, and the excitement of meeting fresh people. As a student of high school one values his or her friends and it feels difficult to part from these friends. However, the good news seem to be that one finds other people who have the same interests, feel the same way, have same senses of humor and even values. Moreover, one may find himself or herself developing fresh interests (Biggs & Haddaddec, 2012). This comes via becoming acquainted with other students who have life experiences that seem to be completely different from what one is used to. The most significant task in college is learning and beginning to take charge of life through making own choices. In fact, what one is expected to do more than just what he or she would want to do. This involves learning more about the intriguing subjects and spending more time with newly made friends. It would thus be of more benefit if the college tuition could be reduced to allow more students witness this life on their way to maturity (Biggs & Haddaddec, 2012).
View at a Different Angle
The activities of economic development have grown significantly on the campuses. Public higher education seems serious in reducing the costs, as well as improving the quality while doing this. This demonstrates that respect with discipline to increase of tuition is possible. This discipline, however, comes with a price. The overall resource level per given student may decline in the real dollars to an extent that either tuition or state support or both of them which does not keep up with the inflation pace. Such like outcomes might not often continue. At a certain point, on the systems near horizon, further reductions which would compromise the quality of education. Nevertheless, the reduction of costs within the public higher education seem limited structurally to the extent to which the state laws, like the ones that govern procurement and limit the flexibility in expenditure. What the critics of the cost control efforts often fail to put into consideration that unlike the private corporations, there is no free selection of the supplier of choice by the public institutions. This extends to getting lower prices via private, tough negotiations with the vendors. They rather require the following of strict rules which need the public bidding and may end up prescribing the capital projects' wage levels. As significant as such regulations are to public accountability and transparency, they add to those costs which private do not seem to typically have (McGlynn & Provitera, 2006).
Public higher education might join the increasing companies' rank that seem to be laying off their workers into the droves. The consequent educational quality reductions would have a crucial negative effects on the students, cheapening their degrees ultimately. Alternatively, public higher education officials and legislators can on a rational plan work together in giving credit for the past accomplishments, as well as developing the new strategies that are based on these particular accomplishments (Biggs & Haddaddec, 2012).
In spite of the few against for issues tuition needs to be reduced as one's education level determine the differences in employment and pay which may most obviously arise from the other causes. While the skill-specific technical fields can have a higher average earning they tend to exhibit greater variations in earnings. For example, high wages can be earned by an engineer if the skills he has are in a high demand, but the changes in markets or technologies can render these particular skills retraining and less valuable in a distinct specialty can take time. On the contrary, majors that impart more general skills seem to possess both less earnings risks and lower average earnings. One that majors in, for instance, history, may not earn that much. Such a person, however, has a range of professions from which he can choose from.
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Biggs A.G. & Haddaddec A (2012) High-Profile Studies Overrate Going to College and Picking the Right Major. Pp. 1-5
Cavanaugh, John C. (2009). Cost Reductions and Tuition Restraint: Been There, Done that. Chronicle of Higher Education, v55 n27,1 pp.
McGlynn, Angela Provitera (2006) College on Credit Has Kids Dropping Out. Education Digest: Essential Readings Condensed for Quick Review, v71 n8 p57-60 4 pp.