% There has been a significant change in tuition costs beginning fall 2020. The Dallas County...

 

 

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% There has been a significant change in tuition costs beginning fall 2020. The Dallas County Community College District Board of Trustees has declared that tuition shall increase by $20 per credit hour, beginning in the fall 2020. However, the student will receive "free" textbooks and associated required materials for each class in which they are enrolled. The next section of calculations is designed to help you decide if this change is favorable to you personally. 2b. Representation, together with 3b. Calculations ba. Compute the increase in tuition due only to "free" textbooks for a full-time load (12 credit hours per semester) at $20 per credit hour for the academic year (2 semesters). Increase = $ bb. Find the new estimated total tuition cost in 2022-2023 when inflation and "free" textbooks are included. $ bc. Find the per cent increase in tuition due solely to the "textbook effect" in 2021- 2022 from the previous year. bd. Do you believe that inflation is still active, driving costs ever higher? % be. If answered "yes" above, add the per cent increase due to inflation (3a.ag) with the "textbook effect" above (3b.bc) to find the total per cent increase in tuition over the academic year. 4. Application/Analysis a. Will the $240 increase in tuition (for 12 hours per semester) be advantageous to you personally, if you then do not have to pay for textbooks? Explain. b. For which disciplines will "free" textbooks be particularly advantageous? 5. Assumptions a. What assumptions were made in the original estimate of tuition cost? (II. Part a.3a.af) b. What additional assumptions were made in the above current scenario? (3b.bb) % There has been a significant change in tuition costs beginning fall 2020. The Dallas County Community College District Board of Trustees has declared that tuition shall increase by $20 per credit hour, beginning in the fall 2020. However, the student will receive "free" textbooks and associated required materials for each class in which they are enrolled. The next section of calculations is designed to help you decide if this change is favorable to you personally. 2b. Representation, together with 3b. Calculations ba. Compute the increase in tuition due only to "free" textbooks for a full-time load (12 credit hours per semester) at $20 per credit hour for the academic year (2 semesters). Increase = $ bb. Find the new estimated total tuition cost in 2022-2023 when inflation and "free" textbooks are included. $ bc. Find the per cent increase in tuition due solely to the "textbook effect" in 2021- 2022 from the previous year. bd. Do you believe that inflation is still active, driving costs ever higher? % be. If answered "yes" above, add the per cent increase due to inflation (3a.ag) with the "textbook effect" above (3b.bc) to find the total per cent increase in tuition over the academic year. 4. Application/Analysis a. Will the $240 increase in tuition (for 12 hours per semester) be advantageous to you personally, if you then do not have to pay for textbooks? Explain. b. For which disciplines will "free" textbooks be particularly advantageous? 5. Assumptions a. What assumptions were made in the original estimate of tuition cost? (II. Part a.3a.af) b. What additional assumptions were made in the above current scenario? (3b.bb)