College Tuition Increases : Financial Aid Stays Same
It would certainly be nice to think that as the national average for college tuitions rises, so would the corresponding financial aid outlets that these young students expect to receive. And it would make sense - but what makes sense isn’t always so, as we so callously find out in our older age.
Recently it’s been reported that there has been a rise in the cost of college tuition, not a huge one, but a perceivable cost increase. And along with that, there has been no rise to keep up with the pace of college tuition inflation in the financial aid arena.
As they say though, nothing is “fair” when it comes to finances, and definitely nothing is ever certain or equatable in people’s minds. The exact amount of the rise in most college tuitions was not known, but it is estimated it may hover around the 6% mark for the 2006 academic year. Does this put a little more stress on the typically “broke” college student? Absolutely.
College students (at least I know I speak for my past experience as a college student), typically scrape by with just enough money for groceries and food, let alone many luxuries that us more established older folks can afford. Does this build character? It sure did in my case, and it made me learn the value of the buck!
