The Student
Body Scholarship Association (SBSA) was created as
a much-needed student scholarship based organization.
Nearly half of parents in the United States report they
can't afford to send their children to college,
especially if they have more than one.
Rising
Tuition:
Since the early 1980s, the cost of college tuition has
quadrupled. In the last two decades alone colleges and
universities across the country have increased fees four
times faster than inflation rates, even faster than
increases in gasoline prices or healthcare, and there
seems no end in sight.
In
1988 it
cost
$12,811 to attend George Washington University
in Washington D.C. That price included tuition, room and
board. For the 2011-2012 semesters GW's tuition
along with room and board soared to $54,730, up $2,743
from just two years ago. As
you can imagine, and may well know firsthand, paying for
a college education (not to mention two or three of
them) can be a tremendous strain on a family's finances.
If you are a
veteran of a public university, the jump in tuition at
your alma mater might be downright mind-numbing. Tuition
at the University of California, Berkeley, was about
$700 a year back in the 1970s. Today, U.C. Berkeley
students have to shell out over $15,000 per year. That's
a 2,000 percent increase. (See
the top 100 most expensive colleges!)
We
realize how important a college education is not only to
the student but for our nations the future as well.
College is a necessity, not a luxury or an option.
Census Bureau data points out a clear link between
education level and finances. Both male and female
college graduates earn significantly more than high
school graduates, and it's been shown that income rises
faster among people who have higher education. However,
far too many students may never realize their full
potential simply because they lack the resources to
further their education.
