Prices of all basic commodities like food, water, electricity and fuel have increased over time. Moreover, college tuition has become expensive. Every year college tuition increases. The overall inflation rate of college tuition from 1986 to 2012 skyrocketed to 115.06% according to www.inflationdata.com. Looking at the rate, it is conclusive that students will have lesser opportunities in pursuing higher education. Mostly, students who pushed through college get themselves into having student loans from private or government organizations. Yet still end up needing to bring out money from their pockets. 
The increase in the college tuition has been attributed to a lot of factors. As basic commodities increase, schools and universities’ overhead cost also increase. Many schools have increased their tuition due to higher overhead cost. Administration costs cover up the bulk of the expenses. The tenure policy at universities has also contributed. Full-time faculty members have tenures as well as their employees and staff. Coming in second, the instruction expenses also added to the cost of college tuition. There is a need to upgrade the school facilities since the buildings need improvements. Plus, the purchase new equipments such as computers are necessary for learning.
College enrollment has increased over the years. This influx of students being able to enroll in college with a government backed student loan, consequently gives universities the grounds for increase in their tuition rates.
Not all students can go to college even with a privilege of availing a student loan. Student loans are awarded to students based on their financial capacity. In most cases, families still need to shed out from their pockets since a student loan mainly covers tuition only. There are also other expenses that students need like board and lodging, books, and allowances. With the continuing increase in the college tuition, higher education will become far from the reach of aspiring individuals. More and more students are graduating up to high school only giving them lesser opportunities and lower pay.