One main reason for the rising cost of college tuition is the governmental budget cuts. With less public funding, schools have no choice but to raise tuition to cover their costs. Colleges have also been spending more money than they have and the burden of filling that financial gap is being passed on to the students.
The MetLife Survey of the American Teacher, which explored the opinions of teachers, students and parents discovered that high school graduates are more worried about affording their college education than gaining admission or performing well in college. It has also been observed that many universities are losing their students due to debt rather than academic failure.