College students require help from the government
The fact that more and more students are attempting to get a college degree allows colleges tobe aggressive on how they price their tuitions, the truth is that college costs are increasing faster than most of the other areas of life, statistics show that tuition costs have risen faster thanhealth insurance, consumer prices and even personal income. The cost of improving campus, along with faculty salaries, alumni support centers, updating technology and maintaining high ranking amongother institutions causes tuition to rise, although students benefit from all these expenditures, what is the sense if many cannot afford to cover their tuition cost.
Many students receiving Pell Grantrely on different financial aid sources, such as other grants and loans to cover college costs. Low income students may either have to work very long hours, get expensive private loans or high interestcredit cards to cover the entire cost of tuition, books, transportation and living expenses. Changes on the Federal policy is needed to strengthen America’s Investment financial aid, and by this helpstudents with low income backgrounds overcome their financial barriers and complete college education.
Some significant steps the government could take to help students are not limited to justreduce interest rates on student loans, since this does not ensure controlled college tuition costs. The government could set up a price cap for increasing tuition for public institutions and private as...
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