Kentucky Auditor Says College Tuition Is Too High

The cold hard truth is that some kids wonder if going to college after high school is even worth it anymore.

“Thinking about it more, is it really worth it? Maybe get a full time job now or have all these loans when you get out,” says UK Sophomore April Martin.

According to a report released by Auditor Crit Luallen, more students are saying that a degree isn't worth the thousands they're paying to earn it.

“Kentucky has actually lost 1,339 full time resident students since 2004,” says Luallen.

William Colimancamenisch wants an international business degree so he can travel the world and live out of a suitcase. Yet he wonders if he should have just taken a low paying job out of high school instead.

“You have an opportunity going to a job making $15,000 a year or going to college to spend $30,000,” he says.

The auditor says by 2020 Kentucky needs to have nearly 400,000 graduates.

“The state will fall short of its 2020 goals by 211,000 bachelor degree holders,” says Luallen.

The auditor says tuition assistance will only reach about 3,000 students this year. She says Kentucky needs to help five times that many to meet national goals.

The irony for some students is that they say you have to have money to make money.

“It seems harder for people to get in when you are not as wealthy to get into school to get a good education,” says UK student Donovan Garrett.

Luallen’s report recommends that tuition be reduced and need-based financial aid be increased.

Copies of the report were given to lawmakers, Governor Fletcher, and Gubernatorial candidates.

How do you feel about tuition prices?

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