The state withdrew a large portion of its funding for Bucks and some students seem to have little knowledge of the hefty increase in tuition while others worry about the impact this can have in the future.
After the commonwealth of Pennsylvania cut back its support by $2 million, tuition increased by $10 this year when in previous years, tuition only rose by $7.
When asked, one student didn’t even know the increases were taking place.
“To be honest, I had no idea it had been raised over the last few years or even this year,” Rob Burns, 27, said.
Students who receive financial aid and student loans however, seem like it doesn’t bother them now, but it will in the future.
Melissa Hamlet-Jackson, 27, a nursing major, said “That $10 might not seem like a lot, but it quickly adds up especially when taking multiple classes at one time.”
“It’s more I’ll have to pay when I graduate” said Jason Rokowski, 21, an education major.
Interestingly enough, Bucks students are not the only ones concerned with future repayment of student loans.
On Oct. 25, President Barack Obama announced a new plan named “Pay as You Earn.”
This plan will allow students to “reduce their monthly payments to 10 percent of their discretionary income,” according to whitehouse.gov.
It will also allow graduates to consolidate their loans and reduce the extraordinarily high interest rates.
Rokowski said, “Lowering monthly payments on loans will definitely help a lot of people. With the economy the way it is, a lot of people have problems finding jobs and paying off loans.”
Although this plan will help protect students from soaring into a life of debt, it seems that the savings are lost in the escalating costs of tuition.