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Tuition In $1 Bills: Student Protests Rising Tuition Costs

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University Of Utah Student Luq Mughal paid his tuition in $1 Bills – 2,000 of them to be exact. Mughal says he did this as a silent protest against the rising cost of college.

Luq Mughal brought a metal case full of dollar bills to the school Tuesday, which was the deadline for payment. Mughal tells The Salt Lake Tribune that he spends weekends working to pay for his electrical engineering degree.

It’s no surprise; undergraduate in-state tuition rates have more than doubled in Utah over the past 10 years. Trustees set a 5 percent tuition hike this year, saying they needed to fund a cost-of-living raise for employees as state funding declines. With costs for a college education rising, student loans are also inflating which is quickly approaching the $1 trillion mark.

Although Congress is well aware of the rising interest rates and making an effort to reign in those rates, some experts suggest they should be addressing the ever-increasing tuition rates as well.

For decades, tuition rates have been rising faster than the rate of inflation, and now the total debt college students and graduates owe for college education equals nearly $1 trillion, according to the Federal Reserve Bank of New York.

β€œI feel like we’re chasing our tail a lot because the price goes up, the amount we allow people to borrow goes up, the Pell grants go up, the amount parents are borrowing or putting aside goes up,” said Jim Kessler, senior vice president for policy at the centrist Democratic think tank Third Way. β€œWhen do we reach the point where we say, β€˜OK, this thing just has to stop?’ ”

While college tuition is steadily increasing, interest rates doubled on July 1 from going from 3.4 percent to 6.8 percent on subsidized Stafford student loans. These loans account for almost 26 percent of all new federal loans in 2013, according to the Congressional Budget Office.

The late 70′s saw tuition costs rising, and they’ve been rising at substantial levels since. Here is a short comparison for a four-year degree in 1980 and 2013 in three categories:

Tuition at a Public Institution – 1980 – $2550 – 2013 – $7196
Tuition at a Private Institution – 1980 – $5594 – 2013 – $15,786
Average Total Tuition Amount – 1980 – $3449 – 2013 – $9733

In the last decade, the situation has not improved. The rising cost of higher education has significantly exceeded the cost of living expenses and medical expenses. And although the U.S Government has made it easier for anyone to attend college with the various student loan programs offered them, they have also helped to fuel the rising cost of higher education by lending too easily.

That college degree that was once highly desired, which creates a great benefit to careers and financial life, is now less valuable because first, a higher number of college graduates make the competition stiff and second, it is much too expensive to obtain.

Student-loan debt can make it difficult to do things like buy a car or a home, said Tucker Warren, managing director of Hamilton Place Strategies. His firm argues that the increase to student loan access by the government is contributing to higher tuition rates.

The senate committee will be taking on reauthorization of the Higher Education Act at year-end, and it is expected that these issues will be addressed.

Image via YouTube

Tuition In $1 Bills: Student Protests Rising Tuition Costs
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  • Who Knows

    I wish America would realize they are getting ripped off and screwed at every turn. Four years ago, I could buy a pack of gum for .69 cents. Now the same gum costs 1.29. Nothing has changed and in fact, oil prices have fallen. America better take back its country because the reality is that you have been fighting 13 years of useless wars, the people in power have been getting rich and the masses are getting screwed.

    It doesn’t take a genius to see this. Then again, it doesn’t take a genius to realize 9/11 was a total scam. Anyone, who has a mind of his or her own, knows this, but half of all Americans believe blindly. It is like they are brainwashed. Not one picture of a plane has been released from the Pentagon. Yet, America does not find this odd at all. After 13 years, the most secure building in the world that has the most cameras on it in the world, not to mention all the traffic cams and other businesses around the building that have cameras — they still haven’t released one picture.

    When will America just admit, they are being lied to? Is it that hard? Nothing makes sense about that day. Nothing.

    • @Who Knows

      America doesn’t want to know the truth. It is so obvious it was an inside job. Anyone with an IQ over over 50 and who has a pulse knows it is an inside job. Ever talk to a debunker in person? After 5 minutes, they storm away because they can’t answer the most basic of questions.

      Like how does an amateur pilot perform an 8 G turn and fly a 60 ton airliner 6 feet off the ground at over 450 and hit a building? Experienced 757 pilots with 20 years experience will tell you it can’t be done. In fact, go out on YouTube and you will see those pilots giving official presentations on this. Yet, Amateurs did it that day. Then half the amateurs are found alive in other parts of the world and it still does not make a believer question anything. It is like they are just brainwashed.

      A drone hit the Pentagon. Everyone knows it. Heck, most people can’t tell the difference between a large drone and a plane anyway. That is why they found only one engine at the site and the engine matched perfectly with a military drone.

      • Article on Drone

        Eye witness Identifies a Global Hawk
        “Christopher Bollyn, American Free Press, reports:

        Samuel Danner (electrical engineer for AmTrak), was involved in the clean-up at the Pentagon crash site and inspected the debris at the site.

        He said, “It was not a Boeing 757 that hit the Pentagon. The plane looked like a hump-back whale.” He thinks a Global Hawk hit the Pentagon. (There were only seven made as of 9/11/01 and two were missing at the time.)

        Danner is a former pilot.

        He said the aircraft that hit the Pentagon was very quiet with one engine near the back. He also saw a second plane overhead and wonders if it was controlling the plane that hit the Pentagon. He walked the lawn and picked up small pieces of debris with others. He did not see any bodies from the aircraft.

        Danner is very ill now with lymphoma, which may be the result of DU exposure at the Pentagon on 9/11. He wants to talk now (after seeing “Loose Change”) because “it’s been bugging me.”

        The Global Hawk fired a DU missile that penetrated the thick concrete wall of the Pentagon. DU was detected at the time and workers on the sYep, this 53-yr old Sam Danner, a pilot since the age of 16, was a first-hand observer of the crash. He pulled his car over to the south of the pentagon on the right side of 395 when he saw the approach of the plane that hit the pentagon.

        He also observed a bunch of guys outside the pentagon standing there looking through binoculars.
        He got a good view of the plane’s approach, for a duration of at least three seconds. He says that the plane was not a 757, no way.

        “It was like a humpback whale” he says. Size of a gulfstream 300, about 100 ft wingspan, one engine on the backside with a “V” tail and no windows he could see. And it was very quiet. Going about 400mph. Overhead, at an estimated 15,000 feet he saw another plane.

        As an EMT, he ran over to help at the pentagon, but found no bodies, no wreckage from a boeing aircraft on the scene. He smelled cordite and he saw a 3-foot single engine on the ground there. He picked up graphite pieces similar to the composite wings on a global hawk.

        This engine matches the description of the single engine of a globalhawk. The globalhawk is a UAV (unmanned aerial vehicle) but could not have caused the damage if it wasn’t containing a bunker-busting missle deployed on impact. The plane observed overhead might have been the plane controlling the remotely-controlled mission.

        If a 757 had crashed into the pentagon, then there would have been aluminum all over the grass and two 9-foot diameter engines. There is no evidence of a Boeing 757 hitting the Pentagon available to the public.

        Here is clear testimonial evidence from someone who not only saw but was able recognize what type of craft struck the Pentagon, but also actually handled the debris in the clean up process.

        Some people have believed that a missle struck the Pentagon, but the debris left behind suggest that it wasn’t a missle.

        I’m convinced that what the Pentagon was a Global Hawk.

        able2know.org/topic/184335-1

  • JL

    A great video on the Pentagon. Short. Concise. To the Point. No way in hell, it was a 757.

    youtube.com/watch?v=JregfTGZMG0

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