College Tuition Spike

College Tuition Spike
By Elizabeth Hong
22856641_SA

A few weeks ago, universities in Germany began offering free college tuition for all students, available even to Americans and all other international students. Although such a decision would be unheard of in the United States, the move isn’t really a surprise in Germany. For years, the standard tuition was priced at just $630 for a semester, and before 2006, college education was free. These facts are of course completely disparate to the costs of the American college education system, where 71% of students graduate with an average debt of $29,400 and tuition at public colleges have increased by 73% within the past ten years. In Germany, college tuition fees are viewed as unjust because they “discourage young people who do not have a traditional academic family background” from attaining a high quality education; however, what’s really strange is that this corresponds to exactly what President Obama said in his State of the Union Address in 2012, “Higher education shouldn’t be a luxury. It is an economic imperative that every family in America should be able to afford.” The general consensus is the same in Germany and America. A college degree is an essential that almost all millennials should have. If so, then why isn’t college free or at least affordable to everyone in the United States? 
     Surprisingly, the answer is really simple, in that it is just a matter of the principle of supply and demand. Colleges don’t really have an incentive to be cost-efficient or to reduce their tuition fees. The mantra that a bachelor’s degree will make you more successful or far better off financially has been constantly ingrained in everyone. As a result, the number of people pursuing higher education has inflated and will continue to grow even though the amount of universities really isn’t changing to accommodate that influx. If a college degree is a necessity or an “imperative” for everyone in America, universities are well aware of that and so, tuition prices will continue to increase to meet that demand.

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One response to “College Tuition Spike

  1. Pingback: November 2014 Full Issue | The Bolt·

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