Cost of High Education for Low-Income Students

Abstract The research focuses on the cost of high education in relation to low-income students. The research will demonstrate that number of students in higher education institutions depends on the amount charged for the acquisition the education. When the price is high, the students with low income cannot afford to pay the price and hence low population in the higher learning institutions. On the other hand, when the cost of high education is low, many low-income students can afford the price and hence an increased number of students in the institutions. The research is important since it will also focus on the strategies that can be used to solve the low population resulting from the high cost of high education. Literature Review According to Monks, the students’ debts in colleges in the United States of America have risen greatly in the past few decades. He calls for the intervention for the state to implement some policies that can solve the problem (Monks, 2014). The debt in the colleges is linked to the inflated tuition costs in the institutions, and thus it is important for the involvement of the state to help both the low-income students and the colleges suffering from the debts. His arguments propose that the state should increase the financial aid offered to the students. Additionally, Dwyer, McCloud, and Hodson examined the goal of the United States to offer a college education for all students. However, the strategy has faced a lot of challenges due to the rising tuition, and stagnant financial aid.…

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