With the state of the economy how it is and the need for a college education growing greater by the year, why is it that Georgetown College feels the need to have an annual increase in the cost of tuition? It is very hard for some students to afford the cost of tuition at a private school, however most students are able to make it through with the help of student loans and financial aid. Georgetown College might be digging themselves into a hole that they cannot get out of if they keep raising their prices. According to the College’s website the total cost of each year is $33,110, in comparison with $8,123 that it costs to attend the University of Kentucky. Although the private school prestige is very attractive, if the cost keeps going up it will soon become only a dream for most middle to lower class students. Many recent college graduates have found themselves entering a very competitive work force and are deciding that instead of facing the real world, they should continue their education by going to grad school. However, grad school is not free either so there are even more bills that will be piling up. So, it is becoming very difficult for a student to justify attending a private school when the cost of a public school is much cheaper and the result in finding a job could be the same. Maybe Georgetown College should reconsider their annual increase in tuition before they raise their prices right out of contention with the other schools of the state.
By Alex Stewart
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