The Cost Of Higher Education: Social Approach

Cost of Education Name: Institution: Course: Date: Cost of Education Good afternoon everyone, I would like to this chance to thank you for coming and being part of this forum. On the topic today, I would like to engage your minds on an issue that is very sensitive and one that has been debated across most of the social platforms with a political twist or even social approach; ‘The cost of higher education’. It is a topic that most of us are familiar with as we are affected directly. Evidently, the costs of higher education has been rising in the last few decades and there is no end in sight promising a sustainable solution. What is interesting is the fact that, even the number of students that are enrolling for the college education is also growing. This presents a rather interesting topic and one that begs some insightful evaluation. From research that I was able to carry out, I established some very interesting elements of the cost on higher education. After the 2008 recession, the government has been cautious about the amount of money that it spends on every other student. The government for example spent 16% less on every other student than they did in the year 2008. In the past the government would fund close to 53% of the funds to cater for the teaching processes, the impact of reduced spending on education has been quite significant and the parents are feeling the pressure as they have to cover the deficit from out of their pockets. This means that most of the colleges are no...