Monday, May 18, 2020

Is Making Public Colleges And Universities Affordable For...

Is making public colleges and universities affordable for everyone really possible? Higher education is really important now days especially when all the major companies are looking for employers with some sort of degrees. According to whitehouse.gov, By 2020, an estimated 35 percent of job openings will require at least a bachelor’s degree and 30 percent will require some college or an associate’s degree. Getting a higher education is important but it holds a price. With the rising tuition and college requirements, it is really hard to get the education students want or need. Making public colleges and universities affordable for everyone is possible if government increases the federal aid by using more tax money toward education, limiting military funding, and using all of education lottery toward education. The federal budget in fiscal year 2015 was $3.8 trillion dollars. These trillion dollars make 21 percent of our economy according to gross domestic product or (GDP). Government divide these budget in three categories. Mandatory spending, discretion spending, and interest on debt. Mandatory Spending is federal spending that is spent based on existing laws rather than the budgeting process. For instance, spending for Social Security is based on the eligibility rules for that program. Mandatory spending is not part of the annual appropriations process. The total mandatory spending for 2015 is $2.45 trillion. Discretionary Spending is the portion of the budget that theShow MoreRelatedAmerican University Should Seriously Consider Lowering Tuition Costs892 Words   |  4 PagesTaco Bell is $1.49. The price of attending New York University (NYU) is about $61,997 (Jacobs, 2013). That is approximately 41,609 Soft Taco Supremes from Taco Bell, enough to feed someone for 38 years if they ate one for every meal. While most universities in the USA do not cost quite as much as NYU, tuition is still very high, even for in-state public schools. 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