College: The Debtor’s Burden

WEST ORANGE, Nj — The first major tuition raise occurred at Harvard University in 1970. It went into effect in the fall of 1971, and was raised from $200 to $2,600 due to inflation. And since then tuition has just risen more and more, Harvard’s current rate is sitting around $63,025.

Most people would explain that college is so expensive due to a economy and inflation. Though this does hold some truth, if you do some research you will find that although tuition cost have risen exponentially, the number of tenure, or incumbent/veteran teachers has not. Professor’s salaries haven’t risen much.

College boards and possibly College Board, a nonprofit organization that originally formed as a college-readiness-organization, have been turned into companies and are on their way to being corporations that feeds on students who “need a college degree to be successful.” But it’s not like colleges are spending the influx of money on bettering the education of their students, they’re using it to give those at the top salary raises.

Though raises to the hierarchy is a common practice, it is not occurring in all colleges and universities. Some of them were forced to raise their tuition due to their disproportionate state funding, or lack of state funding. Students are expected to pay roughly $318 for every $1,000 cut from public funding. College is becoming a corporate scam that students and their families have to buy into.