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    Home»Educational Leadership»The True Price of a Degree: Rethinking Higher Education Costs
    Educational Leadership

    The True Price of a Degree: Rethinking Higher Education Costs

    When a nation funds its classrooms, it funds its future.
    Dr Kevin HallBy Dr Kevin HallOctober 27, 2025No Comments5 Mins Read
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    The Moral Ledger

    Each generation decides what it will subsidize: wars, tax cuts, or opportunity. The United States once chose education, investing heavily in the GI Bill and state universities that propelled millions into the middle class. Those choices created decades of innovation and civic vitality. Today, the same nation spends far more on incarceration than on public higher education subsidies.

    Reversing that trend requires courage and vision:

    • Recommit to public funding that makes college genuinely affordable.
    • Reform financial aid to prioritize need, not bureaucracy.
    • Reinvest in community colleges, technical programs, and minority-serving institutions.
    • Reimagine partnerships between government, private industry, and faith-based organizations that link education to social uplift.

    If education is to remain the great equalizer, cost must not be the great divider.


    The Call to Conscience

    Jordan’s decision—whether to stay enrolled or drop out—echoes in millions of homes tonight. It is not a question of ambition but arithmetic. Somewhere, a brilliant mind will choose a paycheck over a classroom because we made learning too expensive to pursue.

    The true price of a degree, then, is not measured in tuition dollars but in lost potential, delayed dreams, and diminished national promise. The return on investment is far greater when a society chooses inclusion over exclusion, access over austerity.

    Education must be reclaimed as a moral commitment, not a luxury good. Whether in Atlanta, Nassau, or Kingston, the message is the same: when a nation funds its classrooms, it funds its future.


    Further Reading

    • Center on Budget and Policy Priorities (2019). States Are Still Funding Higher Education Below Pre-Recession Levels.
    • Education Data Initiative (2024). Tuition Inflation and Student Debt Trends.
    • Urban Institute (2017). Racial Disparities in Student Debt.
    • Dawe, D. (2023). Financial Strain and the Minority Student Experience.
    • Inter-American Development Bank (2023). Education and Equity in the Caribbean.

    Dr. Kevin A. Hall | The Way – Bahamas Educational Leadership Series 2025

    #TheWayBahamas #EducationalLeadership #HigherEducation #StudentAccess #EquityInEducation


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    About Author

    Dr. Kevin Hall is a devoted educator, minister, and lifelong student of the Word. His journey of faith has led him from pastoral ministry to academic leadership, blending the call to teach, serve, and reach the world through education.

    E-mail: drandrewhall@theway-bible.com

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