"Feature Store/ Cost of a College Degree/ Rising College Costs"

Dominique, Jill. "Cost of a College Degree: Background." Issues: Understanding Controversy and Society. ABC-CLIO, 2013. Web. 6 May 2013.

In this article, she talked a lot about the history of financial aid and there are a lot of statistics covering the rising cost of higher education. This article was very helpful because it gives clear stats of how cost has risen. In the article it says, "According to the College Board, the average costs for tuition and fees during the 2011-2012 school year for in-state students at a public four-year college was $8,244 (and 8.3% increase, compared to the previous year)." This quote shows that the tuition is rapidly increasing at all levels, including in-state tuition which is supposed to be cheaper than out-of-state tuition. If tuition is rising at an average of 8% per year, imagine the cost of tuition for when our kids go to college. There is the opportunity of receiving financial aid which has been around for a long time. After World War II, there was the G.I. bill that helps war veterans get an education or a job. The G.I. bill helped the veterans have easier access to college because it cut cost down so they could have jobs after being gone for so long. Now we have the FAFSA, Free Application for Federal Student Aid, which students that are going to college can fill out so the government can help families that do not have high income, give money towards their child's college degree. This article also talked about the recent decrease of the government's debt and that most of the money that goes to student loans come from private companies because the government cannot afford to pay for so many student loans because there is a major increase in applicants.