Regulating the Price of a College Education

What can the government do to cap or regulate the actual price ticket of a college education in America?

This question comes from Michael Brophy and Allison Ehrenreich, both of whom are sophomores at the College. Allie and Michael are currently paying full tuition, and by the time they graduate, they will have paid over $200,000 for their degrees. They both are one of three children, and by the time their youngest siblings attend college, the prices will undoubtedly be higher than they already are now. Higher education costs take a huge financial toll on almost any family; in turn, these prices need to be better regulated so that the dramatic inflation for tuition does not keep increasing every year.

Our colleges president William D. Adams wrote in a recent e-mail that, "The Board of Trustees has set the comprehensive fee for the 2010-2011 academic year at $51,990. This is 3.32 percent, or $1,670, higher than the current comprehensive fee, and it represents the smallest annual increase since 1975." While we understand that 3.32 percent increases in tuition may compare equally with other private institutions, the overall price tag is way too high. Were hopeful that the federal government will consider capping tuition costs the way that it is currently trying to cap health care costs, another significant burden on American families.

Category:

Education

Tags:

• huffington
• post
• colby
• college
• higher
• education
• financial
• aid

[1XMarksSpot]

Ron Paul 2012! The only honest and constitutional presidential candidate! Research his consistent voting record and decide for yourself.

Ron Paul 2012!

[1XMarksSpot]

The only reason why college is so expensive is because the federal government provided government-backed loans to students attending college, so there is virtually no limit on how much the colleges can charge students for attending. Government interference is why the college tuitions are so high. If the free-market was allowed to work, college tuition prices would be dropping and affordable because of the competition.

[prehistoric28]

College is indeed expensive. Brand new book released last week that I believe all students and graduates should read. "You Have A College Degree, Now What?" is what its called.