ERIC Number: ED479752
Record Type: RIE
Publication Date: 2003
Reference Count: N/A
The College Cost Crisis: A Congressional Analysis of College Costs and Implications for America's Higher Education System.
Boehner, John A.; McKeon, Howard P.
The U.S. higher education system is on crisis. Decades of uncontrolled cost increases are pushing the dream of a college education out of reach of needy students. The crisis requires a dramatic solution. This report does not provide solution to the cost crisis nor suggest easy answers to improve the affordability of postsecondary education, but it does explore the college cost crisis, its origins and continued causes, and it begins a dialogue that seeks to find real solutions to the crisis of college cost in the United States. Tuition increases are outpacing the rate of inflation, increases in family income, and increases in financial aid. These cost increases are pricing students and families out of the college market. Tuition increases have outpaced inflation year after year. U.S. citizens, losing patience with higher education Sticker shock, believe that institutions of higher education are not accountable enough to the consumers of higher education. They believe that wasteful spending by college and university management is the number one reason for skyrocketing college costs. The amount of information available to consumers about tuition increases is inadequate, inhibiting the ability of consumers to comparison shop and hold institutions accountable for tuition hikes. While significant tuition increases are the norm, they are not unavoidable. Some colleges have managed to hold tuition increases to a manageable level, or even to reduce tuition. This provides concrete examples that college costs do not have to increase at such a rapid pace. (SLD)
Publication Type: Opinion Papers; Reports - Descriptive
Education Level: N/A
Authoring Institution: N/A