Reflection

It is the general trend to pinpoint the blame of increasing college tuition on the school administration and shot callers. Although these are the people that increase college tuition, it is not all about the money greed. Although there are definite problems in the college administration, the problem can be looked at macroscopically. The college tuition has been dependent on the state of the US economy and its needs. Especially after the bankruptcy of the Lehman Brothers and the crash of the stock market in 2008, the government has less money and “decreases in subsidies as a percentage of cost provided by state governments to their state supported colleges and universities” (Feldman, 89). With less money, budgets must be changed and prices must increase for the students. Another aspect that people tend to forget about is the distribution of jobs in the economy. Since the 20th century, the “technological process has tended to displace less educated (unskilled) labor while increasing the demand for more educated (skilled) workers” (Feldman, 89). As a result, the higher educated earn more money, and income inequality quickly becomes prominent. The rise and drops of college education is due to this cycle of unequal job distribution. There lacks a balance of clear communication between colleges and the work force. If change is to be made, colleges need to cater to the needs of the economy. There must be an allocation of students for all different types of professions. However, this calls for a change in the structural and policy changes in all of the colleges. These changes are very unlikely, but they are worth a short.

Advertisements

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s