Damast , A (2004, Dec 4). Tuition: Earn More, Pay More?. Retrieved December 5, 2007, from Business Week Web site: http://www.businessweek.com/bschools/content/dec2007/bs2007124_770986.htm
An article I found interesting talks about how schools are using differential tuition to charge students who study an area with a larger promise of financial success more; this happening most commonly in the business schools. The people raising the prices believe that because business students will earn more later on they can pay more now. Other schools are raising prices to stay in competition and maintain accreditation with these new standards. With the extra money these colleges are able to recruit better students and hire excellent professors.
This idea of differential tuition can discourage students from studying what they desire, if they don’t have enough money to afford the $500 extra to study in the college of business it could lead to very negative effects on the student and retention rates for the university. Although I agree that generally business students are better prepared to earn higher paying jobs I don’t think it’s right to set them apart from other people at a university.
Being a business student myself, I can see where having extra money could help set these students apart. Having better technology and resources will help make a student a better competitor for a job and that is very beneficial.
Kelly Stillman
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