The Cost of Higher Education

College costs have continued to increase year after year after year. The question on the minds of worrisome parents and bright eye collegiate hopefuls is, however, whether or not the benefits of obtaining a college degree out weight that of its high cost.  Many people see the rising of cost of higher education as the fault of the institutions themselves, when in fact the continual increase of the cost has become the result of an ever changing economy in addition to the careless over spending of these same universities to keep up with a technologically savvy world. Without a solidified budget, universities with (what is believed to be) excess funds end up abusing their freedom and what little wiggle room they have to keep their campuses up to date with technological advancement. And in extending their resources these universities hope to evoke a greater interest among those who are interested in becoming future students. However, pushing the boundaries of an already tight budget leads to a lack of investment in the quality of the education the students are attempting to receive when the expense of new technology comes at the price of a professor’s salary. The decision these universities ultimately have to make is whether or not having the newest technologies and resources is an asset or a drawback to the institution. As Robert B. Archibald and David H. Feldman state in their article, The Landscape of the College Cost Debate, that the competition and pressure to complete with one another forcing the higher ups in the universities to make to make tough decisions “that result in wither rising costs or declining quality.” In essence the continual growth of college is in part because of universities attempting to keep resources available to students to enhance their educational journeys. With our nation’s economy being so unpredictable, universities are forced to find an unsettling balance between the “price, the size of the public subsidy, and the quality of the programming [offered]” to make sure that even under the pressure of high cost students are receiving a quality education (Archibald & Feldman, 2011). Yes, these universities are creating a smaller threshold for acceptances that will and are currently the cause of the growing inequality among many students who are seeking to find an affordable education plan, however in order to keep and uphold our nations expectations and high standards of higher education quality must come before quantity. Right?

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