How To Fix The Rising Cost Of College
So what’s the solution?
Forbes reports.
Why College Is So Expensive, And How To Fix It
It’s no secret that a college education in America is more expensive than it’s ever been. With tuitions at many Universities now exceeding $40,000 per year, even a plethora of financial aid opportunities and scholarships leave the average student approaching or upwards of six figures in debt as a result of their four year degree. At the same time, while tuitions have skyrocketed, the number of full-time, tenured (or tenure-track) faculty have barely increased at all, while the number of part-time adjuncts (usually without benefits) have made up the gap. You don’t need to be a math professor to know that this doesn’t add up: students are paying more than ever, while there hasn’t been a real increase in the number or salary of full-time professors. It’s no secret where all the money has gone, though. It’s gone to administrative overhead, as that’s where the majority of “growth” in colleges have been.