Why the rising tuition?

Have you ever been suspicous of the rising tuition you have to pay for to attend school? According to the legistlature, this needs to be dealt with. "If the cost of milk had risen as fast as the cost of college since 1980, a gallon would be $15." That means that tuition has more than tripled over the last two and a half decades. Why do the universities rise their tuition; do they need the money? The legislature has concluded that universities have risen their tuition in order to make a more profitable approach for the "private foundations". Does this include foundations of the students? When only 4.6 percent is being spent on endowments for the school, it seems that this money is causing the paychecks of the higher branches of the universities to increase ever so "slightly". Harvard and yale alone have about $60 billion in endowments. 4.6 percent of that is $2.76 billion. Now you know where the other $57.24 billion goes. But the national universities have approached this argument with much support. "A lot of the things that needed to be corrected were self-corrected", meaning that the universities were doing their job and following up on their major role as an institution. They could also argue that only 3 percent of the nation's students attend those high-tuition universities. So even if the legislature may be able to perform a trial against the nation's universities, their argument would only effect very few of them. So if you want to know more about where you're money (or "tuition") is going, or want to see if any of this document can support your views on the rising tuition, then go to the link below and read the document.








Link: http://www.nytimes.com/2008/09/09/education/09college.html?

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