undergraduate students in the United States applied some form of financial aid for their educational during the 2016 to 2017 school year. Their data further showed that this was a 10 percent increase from the 2000 to 2001 school year, showing that more students have applied for financial aid to help cover their expenses. The US Department of Education suggests decreasing the inefficient use of resources to reduce annual cost increases. It proposes that using technology to streamline the operational aspects of the university, forming new partnerships within the university and other private sector organizations and businesses to increase efficiency in daily operation, and better manage the increasing labor costs of the university. Applying some or all of these recommended measure to reduce the costs can benefit the student as less revenue would be needed to offset the cost, and help to tame rising tuition costs. Effects of increase in cost The rising cost of education could have a detrimental impact on students. Financially, graduates would be set back later in life, having the inability to purchase goods, raise a family, or have financial security. The rising cost can follow graduates much later on in life towards retirement age. The United States Supreme Court, in Lockhart v. United States (2005) found in a unanimous decision that the federal government can withhold Social Security payments in order to collect any student loan debt, even if the debt had been outstanding for more than ten years. Graduates with extortionate student debt enter professions that have decreasing payouts when adjusted for inflation and the generalized cost of living. Rising cost and the inability to repay their debt negatively impacts the health of students. A study by Roderick Jones from the Sociological Inquiry “showed student loan debt had a significant and negative association with suicide for people ages 20–24 and 25–34.” That is, increasing student loan debt has shown to have a strong correlation with suicide rates. Some individuals choose to not attend a university, which would very detrimental impacts for their overall quality of life. Having a degree from a college or university has been an important step for social mobility within the United States. Dr. Bridget Terry Long, a professor of education and economics at the Harvard Graduate School of Education, found that “individuals with at least some college education make more money than those with only a high school degree.” Furthermore,