Education

Three Reasons Why Higher Education Isn’t Better Than It Is

I’m Young Enough to Remember College and Old Enough to Know How Much It Has Changed

Finals Week has arrived this week or next at many colleges and universities across the world. Another academic year is coming to an end. Some students are graduating, but most have a year or more to go before they go on to the “real world.” We truthfully tell students about the importance of education, but all of the students are being shortchanged and overcharged for their experiences in higher education.

Tuition is rising, but the money isn’t going toward education. In 2013, the Brookings Institution stated that:

Between the years 2000 and 2010 the average annual tuition for private bachelor’s degree programs increased by $8,290 (approximately 30 percent). During that same period spending per full-time student on all core activities (including instructional and non-instructional) increased by only $2,316 (approximately 11 percent). (Source)

I guarantee you that this discrepancy is worse now than ten years ago. Where does all that money go? That’s part of the reason for this article. The revenue streaming into higher education has never been higher. The problem is all of that money is not going toward educating students, which should be the reason for educational institutions.