Paper Summary:

The paper discusses how, as the requirements for nearly all occupations become increasingly competitive, the need for a college education is becoming more and more crucial. The paper focuses on the costs involved and relates that there are federal and state grants and loans that can help reduce the cost of a college education, but rarely do these government monies pay for the whole cost of a college education. The paper then relates that state subsidies have created public institutions for higher education that are affordable to low income families as well as families of greater means, but many question the quality of the education of public colleges.

From the Paper:

"A college education is believed to be the key to a successful future. But what is the cost to families who want to send their graduating high school sons and daughters to college. College is thought to be a character building process in the course of a person's life--everyone benefits from an educated population. As the requirements for nearly all occupations become increasingly competitive the need for a college education is becoming more and more crucial. There are federal and state grants and loans that can help reduce the cost of a college education, but rarely do these government monies pay for the whole cost of a college education."

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