Research paper Example | Topics and Well Written Essays - 250 words - 4

Research Paper Example It was an all high for female in both public and private nonprofit institutions. The reverse was witnessed in the private for profit institutions, with males being more than females at forty-eight percent and thirty-six percent respectively. Every start of an academic year comes with an ever-increasing price of college education. An interview conducted on persons of ages eighteen to sixty-five, found out that sixty-five percent of the respondents believed that college prices were growing at a faster rate than other items and services. Eighty three percent went on to explain that students borrow too much to go to school. The school year 2013-2014, recorded an average tuition and fees for undergraduate at public four-year colleges at $8,893 a two point nine rise from the previous year. The private non-profit four-year colleges recorded an average tuition fee of $30,094, which was a three-point eight percent from the previous year. For over the last decade, an increase in tuition and fees has been on a rise. At the four-year public colleges the raise has hit a fifty-one percent rise. The private non-profit four-year colleges, the raise was at twenty-five percent. This raise has resulted to an increased number of students in need of financial assistance. The last decade has witnessed the number of Pell grants rise from four points eight to eight point eight million. The retention of University student is of importance more so to the college administrators in trying to improve the graduate rates and decreasing of tuition and fees since the economy is known to have a noticeable effect on the retention