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ERIC Number: ED050690
Record Type: RIE
Publication Date: 1971
Pages: 17
Abstractor: N/A
Reference Count: 0
What's Behind the Rising Cost of Education?
Thackrey, Russell I.
The costs of higher education have been rising rapidly as part of the general inflationary trend. But the price charged to students and their families for higher education has been going up even more rapidly than the basic costs. The low-tuition principle and the notion of public support of the operational costs of higher education are being eroded at a time when it is more crucial than ever to develop the nation's available talent to the maximum. Several prominent economists have pointed out the fallacy of the myth that a high proportion of the cost of undergraduate education is paid for by society and have shown that students and their families now pay at least three-fourths of those costs, and often subsidize the graduate and professional programs. It is essential that at least at the undergraduate level the institutions of higher education move rapidly toward a lowering of instructional charges, and that programs of special aid to the economically disadvantaged be continued and substantially expanded. If society wants its young people to be conscious of the responsibilities to society of those who enjoy advanced education, it must for its part be socially responsible to them by keeping down the price tag on higher education. Higher education is not a commodity. (AF)
Publication Type: N/A
Education Level: N/A
Audience: N/A
Language: N/A
Sponsor: American Coll. Testing Program, Iowa City, IA.
Authoring Institution: National Association of State Universities and Land Grant Colleges, Washington, DC.
Identifiers: N/A