Friday, September 16, 2011

Housing Prices Affecting College Attendance

As housing prices went down in 2003, the number of student attending college also dropped down significantly. Studies have shown that the rise and fall of housing prices go hand in hand with whether or not more or less students attend college. Throughout 1990 and 2006, housing prices increased dramatically, and so did the attendance of students going into college. Today, the real estate market has faced decreasing housing prices and therefore parents can't seem to afford to send their children to experience the once in the a lifetime opportunity.
My view:
With the tuitions of schools rising more and more each year, it has become even more difficult for parents to even consider sending their children to good colleges. As housing prices fall,  many parents are either left with no choice but to take out loans to even make it possible to send their children to school. Even if parents do have some money to send their children to school, it wouldn't be the school their children wanted and they may be forced to pick a community college over a university.

http://www.huffingtonpost.com/2011/09/16/housing-prices-college-attendance_n_965933.html

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