Summary: The Rising Cost Of College Tuition

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The rising cost of college tuition is the great wall that students in America is facing today, college prices in the U.S. increased faster than the rate of inflation, thus extending a decades-long pattern of higher-education costs. The role of the federal government in higher education has been a topic of interest since the Founding. George Washington thought that that the United States would benefit from having a national university (Arnn, 2004). Basic economic theory proposes that as the increase in demand for higher education brought about by the current system of grants and loans will therefore only increase the price of it. On one hand, the Democratic Party wants to see college to be within the reach of every student, taking on banks

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