The Rising Cost For Pursuing A Postsecondary Education

Vying with other applicants for a job position is difficult without an adequate college education. The primary problem is the rising cost for pursuing a postsecondary education makes it difficult for students to afford and complete their college degrees. Tuition has doubled three times since 1980 and outpaced the nation’s inflation rate whereas the student loan debt is at its highest at over $1 trillion (Sobel, 85). That is comparably higher than the rate of credit card debt (Education). Current policies by legislators do not directly address setting tuition rates, but establish the parameters and budget for the boards to follow (Weeden 2015). Your proposed alternative to the current tuition policy, by implementing a tuition free policy for community and undergraduate institutions, sounds promising but also faces an uphill battle in being passed. While both have pros and cons, the best policy recommendation also includes taking into account potential opposition and the nationà ¢â‚¬â„¢s overall opinion. Current Legislation States delegate budgets to public institutions, but do not set the bar for tuition fees. Instead, they establish boundaries such as: limiting annual tuition increases, linking tuition with institutional performance, creating tuition stabilization funds, freeze tuition rates, give tuition tax credits and deductions, guarantee or fix tuition costs, link tuition with financial aid, and create tuition tradeoffs between resident and non-resident students (Weeden 2015).Show MoreRelatedThe Cultural And Global Impact Of College Tuition And Student Loan Debt1442 Words   |  6 Pagesof College Tuition and Student Loan Debt Introduction College debt is quickly rising as more students pursue a postsecondary education. 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