The Sorbate: The Cost Of Higher Education

Spending for Learning Is Still A Must

Submitted by Grace on Tue, 07/28/2009 - 12:30
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higher educationThe cost of education, nowadays, continues to skyrocket. Some schools across the U.S. cost about as much as a Lexus per year to get an education, and not everybody has a million-dollar trust fund or well-off parents to pay for it. And let's face it - unless you're the class valedictorian, or the star quarterback of your high school's football team, a full scholarship to the school of your choice is rather hard to come by. Partial scholarships and grants help, and while any little bit helps, it's not quite enough. Like most people, in order to cover the costs of education that aren't covered by scholarships and/or grants, you need to turn to either your local bank or that great financial matriarch Sallie Mae to help you get through school without having to worry about making payments - until you graduate, that is.

Everything Is Costing More Nowadays, Especially Tuition

Submitted by Kristin on Tue, 07/28/2009 - 12:29
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top 5Nowadays, it seems like everything costs so much more than it did just several years ago. Think about it, 10 years ago a gallon of milk was around $2.75 now it is $5 for a half gallon of organic milk (in New York). So it comes as no surprise to see the cost of tuition shooting through the roof. For instance when I started school at California State University, Sacramento in fall 2002 I remember the check for tuition being around $900. When I finished in 2006, it was upwards of $2,000. Of course no one wants to pay more every semester or quarter, but should we be surprised in today’s economy when everything seems to be costing more than ever before? Fear not, it isn’t all doom and gloom because our President seems to have some logical solutions to ease the burden on many students.

Poll: Is the cost of higher education too much?

Is Higher Education Still A Good Investment?

Submitted by Christina on Tue, 07/28/2009 - 12:28
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higher educationWe all know there are some serious issues surrounding anything dealing with money these days. And a majority of these issues are making us rethink ideas we've always had about finances. Sure, some people have a vast knowledge of finances and have always known how to properly handle their money, but obviously there is a huge number of people who don't. So we rely on "common knowledge" - if a loan officer tells you that you can afford the house, you can. You should take whatever job makes you happy, or better yet, start your own business. And education is always a good investment, even if you have to accrue "good" debt.

Despite Rising Cost, Higher Ed is an Important Investment

Submitted by Angela on Tue, 07/28/2009 - 12:27
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higher educationI will graduate with my bachelor’s degree with exactly zero dollars in student loans.

 

I am so honored to have received a full-ride scholarship to Central Michigan University, but the unfortunate reality is that my situation is very uncommon. For the majority of students, attending college means one thing—loans, loans and more loans.

 

Many students work just as hard (or even harder) to pay for their education as they do in the classroom. And the scary thing is…both tuition and unemployment rates continue to rise.

Let us bow heads and pray for California’s Education system...

Submitted by Janae on Tue, 07/28/2009 - 12:26
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higher educationViewing the events surrounding the increased costs of the educational system (in particular the UC and Cal State Universities budget crisis), is not only devastating, but is shameful. Why? Here’s why:

 

Its effect on the Universities:

 

According to Mercury News (2009), the state recently reduced CSU funding by $584 million in an attempt to in California’s budgetary crisis. Such a cut will not only reduce library hours and faculty hires, but will also encroach upon the type of academic offerings available to students.

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