respectively, adjusting for inflation. A lot of these issues have contributed to what is known as the higher education bubble. The US Department of Education, has attributed the increase in college costs mainly to less aid received from federal government, the university needing to maintain rankings by keeping facilities up to date, and receiving less endowment over the years. Various attempts have been made to combat increasing tuition costs. The University of Evansville, a private institution in Indiana, attempted to combat this issue by issuing a tuition freeze, according to Nick Anderson from The Washington Post, “market pressures related to the nation's economic anxieties are starting to put a lid on sticker price at private schools. In 2012, an unprecedented number of private colleges cut or froze tuition -- more than 30 in all, by one national count. Many more sharply limited their increases to rates below the norm. Typically, tuition rises at a rate well above inflation.” This initiative is to help students better afford universities and to give an opportunity to students who are of lower socioeconomic status. The president of the University of Evansville, Tom Kazee, stated that “Without a freeze, some families in his region (Indiana/Illinois/Kentucky) won't even look at the school, even though it offers institutional grants to the vast majority of its 2,350 full-time undergraduate students.” One of the many critics of having a tuition freeze pointed out that "freezing or cutting the sticker price reduces the revenue schools have to help students in financial need". University presidents and the board members of higher educational institutions often despise a freeze, actively attempting to prevent freezes from getting passed, as they are seen more as a temporary marketing stunt and less as a permanent solution to rising university costs. To help students with the increase in cost, a solution that was proposed by universities and the US Government alike revolve around providing financial aid to students, in the form of grants. A good portion of tuition cost raised from an increase in annual tuition, as shown by data from the University of Florida, is used to provide financial aid. Zaragoza from the Orlando Sentinel found: “The increase is expected to generate about $1.4 million in additional money for UCF, about 30 percent of which will go toward financial aid for needy students." The National Center for Educational Statistics found that 85 percent of full time