April 15, 2009
Annotating a Scholarly Article
Supiano, Beckie. “Student Aid is up, but the rise in College Costs Outpaces Family
Incomes.” The Chronicle of Higher Education 55.11 (2008). N/A. Academic Onefile. Web. 15 April 2009.
In this article, the author compares the rise in the cost of attending college to the decline in family income. She notes tuition and fees rose between 4.5% and 6.5%. Due to the rise in the cost of college, the total grant aid per student and total federal loans per student grew about 5.5%. The number of Pell Grant recipients held steady for two years at 5.2 million. That number has grown to about 5.4 million in 2007-08. As mentioned in the article, nest year’s student aid report will reflect the impact of tightened criteria for borrowing money. Approximately 60% of graduates have debt from undergraduate studies. The average total for those students is $22,700. Although student debt is a huge concern, not every student borrows money for college.
In-state tuition and fees at a public four year college increased 6.4%. In dollar amounts, instate fees rose $394 and out of state fees rose $866. Private four year institutions had an increase of 5.9%. In dollar amounts, tuition and fees rose $1,398. Over a thirty year period (1977-79 to 2007-08), the rise in family income is as follows:
20% of the poorest family = $463
20% of the middle family = $11,275
5% of the wealthiest family = $146,650
Over that same period of time, tuition and fees grew an average of about $1,300 in four year colleges and $15,000 at private four year colleges. The increase in the cost of college and the increase in family income are not relevant. The cost of college is increasing more rapidly then the family income. This increase in price, is making it more difficult for students to attend college.
I believe this article is very credible. Although by reading this article, I don’t learn much about the author she is very informative. The audience of the article is college bound students. She quotes facts from the College Board, the Consumer Price Index, and other legitimately important cites. The article is not very extensive; however it is long enough to portray her point. It explains in detail the rise and increases of various prices and she shows the figures in percentages and dollar amounts. The article was recently published and all the figures are recent and within the latest school year. The journal in which the essay appears, is also very credible and was published recently
