The Cost Disease Problem in Higher Education and the Winner-take-all Solution Posted by Fred M Beshears September 21, 2020 December 3, 2020 Posted in Uncategorized Here’s a very nice article on the financial problems faced by Higher Education. EDUCATION NOTEBOOK: The Real Problem of Rising College Costs December 21, 2006 Someone wise once defined insanity as doing the … This problem could also affect the global competitiveness of the United States. To hold down costs and further their workforce goals, a growing number of states are changing the way they distribute higher education funding. The author identifies numerous problems, among which high costs of higher education are among the most serious problems that put students in unequal position. The rising cost of higher education is one of the most difficult realities facing Americans. Governments have shrunk their support for higher education. Of course, we also have the option to simply keep doing what we're doing and hope problems related to the cost of higher education will solve themselves. Another issue is the rising cost of textbooks. Heller, D. E. (1997). The increase in cost of college education in US could eventually put college education out of reach . Follow the money. According to the Higher Education Price Index between 2002 and 2014, college costs rose annually at a rate only about three-quarters of a percent higher than the consumer price … The consumer price index jumped by 121% since 1985. There are textbook exchanges for students who will accept a used text at a lower price. But we need only look at the fate of the Ottoman Empire (or Sweet Briar College) to get a sense of what to expect from a strategy built around standing still. This decreasing support of higher education by the state …show more content… While studying this topic of increased college fees, economist from the Federal Research bank, noted that state funding is responsible for rising up the college fees(De George, Ferguson, & Spear, 2012) Technology is key to improved learning. Assessments are needed to save the liberal arts. 10 Higher Education Issues We All Agree On” 7. The increase in the cost of higher education, the decrease in the real median income, and the increase in student debt are all current problems that are often discussed not only by students and parents, but also by political leaders and economic policymakers. It implies that the cost of higher education has got approximately 4.5 times more expensive than it was 30 years ago. 2. “Student price response in higher education: An update to Leslie and Brinkman.” Journal of Higher Education… The cost of higher education has jumped more than 500% since 1985. According to The College Board, costs for four … 9. 8. for most Americans (National Center for Public Policy and Higher Education Report, 2011). Higher Education Issues and Challenges 24 10.Colleges are worth saving (especially the ones you attended!). Increasing cost of rental accomodation for students: