Four Reasons Why Your Tuition is Increasing

1. Your State has decided to cut the amount of money that is usually allocated for students each year. For example, Your state may have allocated $5,500 per student and now they have cut that amount to $4900.

2. Some of universities have been reigning in spending but other 'flagship' universities have increased spending per student. Some of this spending could be due to increased services such as student security due to the unfortunate occurrence of student shootings.

3. Schools have increased spending on administrative, maintenance, and student services. They are paying professors more, adding more student centers, etc.

4. If you go to a big private university, they have increased prices because they have increased their spending habits. They have been spending more because of the increased tuition and money pouring in from endowments.

Maybe prices will start to go down as the economic status quo will cause all universities to cut back on spending?

This is based on this article.