User:AviSOCL/Cost of attendance

Universities in the United States have had drastic increase in tuition from many public and private universities. It was reported on the observer reporting about tuition from the University of Notre Dame, “the increase in 2014, 2013, 2012 and 2011 was 3.8 percent.” The University of Notre Dame has experienced much similar rises in tuition after that as “the University announced undergraduate tuition and fees will increase 3.7 percent for the 2016-17 academic year to $49,685 in a press release Friday.” These increases do not only apply to tuition, but also to room and board rates. “‘Average room and board rates of $14,358 will bring total student charges to $64,043,’ the release stated. ‘The percentage increase matches that of last year and is the lowest at Notre Dame in more than a half century.’” The University of Evansville, a private institution in Indiana, attempted to combat this problem by issuing a tuition freeze. According to Nick Anderson from The Washington Post, “market pressures related to the nation's economic anxieties are starting to put a lid on sticker price at private schools. In 2012, an unprecedented number of private colleges cut or froze tuition -- more than 30 in all, by one national count. Many more sharply limited their increases to rates below the norm. Typically, tuition rises at a rate well above inflation.” This initiative is to help students better afford universities and to give an opportunity to students who are of lower socioeconomic status. Nick Anderson continues to state that “some families in his region (Indiana/Illinois/Kentucky) won't even look at the school, even though it offers institutional grants to the vast majority of its 2,350 full-time undergraduate students.’”

There are many critics of having a tuition freeze, such as “freezing or cutting the sticker price reduces the revenue schools have to help students in financial need.” Many University presidents attempt to prevent freezes from getting passed as they are more seen as a temporary marketing stunt and less as a permanent solution. A good portion of revenue raised from an increase in yearly tuition as shown by data from the University of Florida is used to provide financial aid. According to Luis Zaragoza from the Tribune Business News, “the increase is expected to generate about $1.4 million in additional money for UCF, about 30 percent of which will go toward financial aid for needy students.”

Works Cited[edit]
Anderson, Nick. "'the Big Freeze': One Small College's Tuition Strategy (Posted 2013-01-07 15:09:12): Private Indiana College Seeks to Stick Out from the Pack with Tuition Freeze and Four-Year Guarantee. Will it Work?" The Washington Post, Jan 07, 2013''. ProQuest'', http://flagship.luc.edu/login?url=https://search.proquest.com/docview/1266781370?accountid=12163.

"University Announces 3.7 Percent Tuition Increase University to Increase Tuition 3.7 Percent." University Wire, Feb 23, 2016''. ProQuest'', http://flagship.luc.edu/login?url=https://search.proquest.com/docview/1767467427?accountid=12163.

Zaragoza, Luis. "Florida Universities' Tuition Increase just the Beginning: Tuition Increase is just the Start." McClatchy - Tribune Business News, Nov 07, 2007''. ProQuest'', http://flagship.luc.edu/login?url=https://search.proquest.com/docview/463694195?accountid=12163.