Page 170 - Crisis in Higher Education

Changing Attitudes and Expectations • 141

3. Universities should be responsible to pay for textbooks and learn-
ing materials as part of the tuition payment. Universities have more
leverage with companies who provide this material and can negoti-
ate better prices.
4. Students and their supporters should change their expectation so
they graduate debt-free. Long-term financial planning is a vehicle to
identify appropriate levels of earning and saving as well as spending
funds wisely and making good investments.
a. Prepare and follow a budget for a university education so spend-
ing is targeted on essential items. Those who did spent 40% less.
b. Students and their support group can earn more, save more, and
borrow less. The key is to start early.
5. Students should demand a rigorous curriculum so they have a more
valuable education.
6. Students should pick their major based on both interest in the work
and the opportunity to secure a job that pays well. Too often students
pick majors with limited job opportunities.

REFERENCES

1. SallieMae 2015. How America Pays for College 2015. http://news.salliemae.com/files/
doc_library/file/HowAmericaPaysforCollege2015FNL.pdf (accessed June 16, 2016).
2. Berkowitz, S., Upton, J., and Brady, E. 2013. Most NCCA Division I athletic
departments take subsidies. USA Today, July 1. http://www.usatoday.com/story/sports/
college/2013/05/07/ncaa-finances-subsidies/2142443/ (accessed November 1, 2016).
3. Hobson, W., and Stevens, R. 2015. Playing in the red. The Washington Post,
November 23. http://www.washingtonpost.com/sf/sports/wp/2015/11/23/running-
up-the-bills/ (accessed November 1, 2016).
4. Peale, C. 2013. Athletics cost colleges, students millions. USA Today, September 15.
http://www.usatoday.com/story/news/nation/2013/09/15/athletics-cost-colleges-
students-millions/2814455/ (accessed November 1, 2016).
5. CollegeCalc. 2016. Cheapest Colleges in California by State Tuition. http://www.
collegecalc.org/lists/california/most-affordable-in-state-tuition/?view=all
(accessed October 29, 2016).
6. CollegeCalc. 2016. Cheapest Colleges in Ohio by State Tuition. http://www.collegecalc.
org/lists/ohio/most-affordable-in-state-tuition/?view=all (accessed October 31, 2016).
7. Harvard University. 2016. Cost of Attendance. https://college.harvard.edu/financial-
aid/how-aid-works/cost-attendance (accessed October 31, 2016).
8. Massachusetts Institute of Technology. 2016. MIT Facts. http://web.mit.edu/facts/
tuition.html (accessed October 31, 2016).
9. Stanford University. 2016. Tuition Costs and Other Expenses. http://www.
collegetuitioncompare.com/colleges/CA/Stanford/Stanford-University.html
(accessed October 31, 2016).