The general public may believe colleges are flush with cash, but
this is not the case. Although the cost of tuition is almost five times as high
as it was thirty years ago, college professors are paid far less than they were
in the past (when adjusted for inflation). So why is tuition so high?
The answer is simple. Public universities are now receiving far
less money from state governments. State funding has dropped over 37% in the
last two decades. Although colleges now receive more money from the federal
government than the state, the overall amount is much less than in the past.
Much of the federal money is in the form of grants to students. It passes from
the federal treasury to state institutions and then back to the college through
student grants.
We all know every time money changes hands, some of it is used
moving it from place to place (employees, computers, building, etc.). Wouldn’t
it make more sense if public education covered students from pre-k through college
or trade schools? It would be a more efficient way to educate our young, release
more cash for educating students and unburden families. It would also put more
cash into the nation’s economy.
Since this doesn’t look like it’s going to happen any time soon,
families need to find another way to pay for educating children after high
school. Scholarships and grants are the only solutions until politicians start
thinking long term.
After realizing all my students were not only going to college,
but also receiving scholarships and/or grants, I did a study to learn which
strategies worked best. My new book, Free College, explains
what parents and grandparents can do to help their children become ideal
college scholarship and grant applicants. No one should be in debt for the rest
of their lives in order to earn a college degree. Although I don’t have the
authority to make college tuition free, by writing my book, I hope to help
students graduate from college debt free.
For more information, you’ll want my new book, Free College, coming soon from Starfish Publishing.
How to avoid needing college loans; available soon to families of Pre-K through
High School students.
You are reading from the blog: http://www.roadtofreecollege.com
Photo Credit: Pixabay
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