Students are affected by this increase because they are forced to take out larger loans, work full time or may even have to take fewer classes. They face opportunity costs because they are willing to sacrifice working for school hoping that school will help them more in the end. This increase not only affects the student, but the parents as well, that means that taxpayers are subsidizing a smaller share of the cost of their state universities, while students and their parents are paying an even larger slice. State funding now accounts for about 36% of revenues at public colleges, down from 45% in 1980, while tuition accounts for 19% of state university revenue, up from 13% twenty years ago. …show more content…
States have been warned for months of big tuition increases because falling state revenues have forced them to cut the subsidies they provide their public universities. Colleges both public and private attribute rising tuition because of increase in faculty salaries and rising technology also construction costs. Students want better computer labs, high speed internet connections, lavish dormitories, and high tech fitness centers somebody has to pay for these accommodations after all there is "no free