The direct cost of higher education keeps rising in the face of shrinking real budgetary allocation to education. In the absence of any documented evidence, the study sought to determine the cost of acquiring a degree from the Faculty of Management Sciences and Agriculture, at Delta State University, Asaba Campus. Data for this study was collected from a random sample of 320 final year students. Data was collected and analyzed using simple percentage frequencies due to the nature of the study. Analysis of the data shows that the expenditure profile is higher among female students while the cost component includes tuition, accommodation, feeding and transportation. The study recommends that male students be encouraged to live in campus hostels to reduce distractions and cost. The university is also advised to minimize upward review of fees since most students from the catchments area are from average socio-economic backgrounds.
 

Download Full Text - PDF