Question

This graph compares the total cost of attending educational institutions in texas. a graph titled the cost of post-secondary education in texas from 2012 to 2013 has the type of school on the x-axis and yearly cost in thousands of dollars on the y-axis. public 4-year university is 21,000, and private 4-year is 34,000. public community college is 15,000, and private community college is 17,000. technical school is 15,000. the graph demonstrates that the cost at private and public technical schools greatly varies. vocational schools greatly varies. four-year universities greatly varies. community colleges greatly varies

Answer 1

The cost of post-secondary education in Texas varies depending on the type of institution, with private universities being more expensive than public ones. Tuition and fees have increased substantially over time, making financing higher education increasingly challenging and contributing to a significant rise in student loan debt.

Step-by-step explanation:

The question deals with the cost of post-secondary education in Texas for the academic year 2012 to 2013. Based on the provided graph, the yearly costs vary by type of institution, with public 4-year universities at $21,000, private 4-year universities at $34,000, public community colleges at $15,000, private community colleges at $17,000, and technical schools at $15,000. These figures indicate significant differences in the costs associated with different types of post-secondary education. It's clear that choosing the type of institution can greatly impact the overall expense of education.

Adding perspective from historical data, the costs of education have been rising sharply over the years. Between 1980 and 2020, tuition and fees at a 4-year public university experienced a more than 12-fold increase, from $738 to $9,349; however, median yearly household income in the U.S. only saw about a 3.5-fold increase during the same period. This disparity suggests that financing higher education is becoming more challenging over time.

The continuous rise in costs, paired with the fact that full-time employment at minimum wage ($15,080 before taxes) falls short of covering the expenses for a year of college, contributes to the growing issue of student loan debt, which has topped $1.3 trillion.

Answer 2

The graph demonstrates that the cost at private and public: c. four-year universities greatly varies.

The x-axis of the graph represents the type of school, which includes categories such as public 4-year university, private 4-year university, public community college, private community college, and technical school.

The y-axis represents the yearly cost in thousands of dollars.

According to the information given:

Public 4-year university costs $21,000 per year.

Private 4-year university costs $34,000 per year.

The significant difference between the costs of public and private 4-year universities indicates a great variation in the expenses associated with attending these institutions.

The other options can be ruled out based on the provided information:

a. Technical schools have a fixed cost of $15,000, so there is no great variation.

b. Vocational schools are not explicitly mentioned in the provided data.

d. Community colleges also have costs specified for public and private, but the difference is not as pronounced as in the case of four-year universities.

Therefore, the correct interpretation is that the graph demonstrates a significant variation in the cost of attending four-year universities, both public and private.

Complete Question:

This graph compares the total cost of attending educational institutions in Texas.

The graph demonstrates that the cost at private and public.

a. technical schools greatly varies:

b. vocational schools greatly varies.

c. four-year universities greatly varies.

d. community colleges greatly varies.