Subtitles section Play video Print subtitles Why is college so expensive? College has become increasingly expensive due to multiple factors. First, reductions in state funding for public institutions have shifted the financial burden to students. As a result, schools raise tuition to maintain operations. Second, there's an increasing demand for amenities, better facilities, and advanced technologies, driving up operational costs. Third, administrative bloat, with growing numbers of non-teaching personnel, has expanded institutional budgets. Additionally, the availability of student loans can inadvertently incentivize colleges to increase tuition, knowing loans cover the cost difference. Furthermore, the prevailing notion that a degree is essential for career success fuels a high demand, allowing institutions to raise prices. Lastly, colleges invest in reputation-building endeavors, like research programs and top faculty, further driving up expenses. Consequently, students and families face escalating costs.
B2 tuition college expensive raise demand driving Why is college so expensive? 125 2 Jay posted on 2023/08/18 More Share Save Report Video vocabulary