Essay 1: CUTS FOR BAIL
(1)In the past decade, college tuition has risen three times as fast as the consumer-price index and twice as fast as medical care. One of the most important factors driving price at public colleges and universities has been the decline in state support for higher education. With rising tuition and declining state financing, students and families are assuming a growing share of college costs. Tuition revenues now make up about half of public university revenues. And with colleges facing larger pensions, health care and technology costs, the pressure to keep(2) raising tuition is intense.
Critics of higher ...
