UT Tuition Rising Again

The rising costs of college tuition in the University of Texas College System were raised to 3.95 percent, after the Board of Regents had voted for tuition increases. With another increase doomed for next 3 years of another 3.95 percent the raising of school prices are taking its affect on students, making it harder to attend and pay for school. San Antonio Express states reports that the rise in rates is to help expansion of space more staff and a solid infrastructure. The lowest blow of the increase is to low-income students, since 20% of it will increase their finical aid. The rising cost of tuition will cost more students to have to borrow even more money to pay for school. UTSA Chancellor Francisco Cigarroa acknowledged, “Students are being asked to shoulder more of the cost burden but said the boosts were necessary to maintain quality and competitiveness”. In 2002 Texas was paying 62% of the amount to schools for educating undergrad students. Now students are paying 51 percent of the cost for school out of pocket makes things worse especially if you are not making much working a side job. Or even more you will have more students working a fulltime job and taking finical aid for school. With this being such a hike in student tuition we may see people in more debt and even more borrowing, which could land to a huge downfall to students getting their education. Even in an economy where everyone is in debt. The rise in tuition will lead to more debt frustration and putting even more students in debt and may have them turn else were to other Colleges for their education.