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Effects of high college tuition costs
Effects of rising tuition costs
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More handpicked essays just for you.
Effects of high college tuition costs
Effects of rising tuition costs
Don’t take our word for it - see why 10 million students trust us with their essay needs.
The sooner [these] abusive colleges are prevented from loading students with crushing debt in exchange from low-value degrees, the better” (Carey 218-19). In making this comment, Carey suggests that if
The essay, “The College Debt Trap” written by Janet Bodnar (2014) discusses what Bodnar feels is strategies that families need to pay for the high cost of a college education. A college education is very expensive, and Bodnar suggest that families have a variety of resources available to assist in paying for a college education. The college debt is steadily rising and according to Bodnar, “student‘s loan debt exceeds revolving credit, mostly credit card debt” (p. 286). In an effort to assist parents, Bodnar created a guide for parents to escape the debt trap. In using this guide according to Bodnar, Parents will not only avoid the debt traps but also find “more affordable ways to pay for college education” (p. 287).
Do you know how the cost of college, including tuition, fees, and living expenses, weighs against the potential benefits of obtaining a degree? Both Stephanie Owen and Isabel Sawhill, authors of "Should Everyone Go to College," and Charles Fain Lehman, author of "The Student Loan Trap: When Debt Delays Life," discuss these significant beneficiaries in their writings. All authors cover the burden of student loan debt that can permeate various aspects of an individual's life, affecting not only their financial well-being but also their mental, emotional, and physical health. Firstly, to start off, in Stephanie Owen and Isabel Sawhill’s essay “Should Everyone Go to College” they explore the debate surrounding the idea that attending college is necessary or beneficial for everyone. Owen and Sawhill
As a college student who is currently spending thousands of dollars to further my education and achieve a career goal, it was, at first, disheartening to read Caroline Bird ’s essay “College is a Waste of Time and Money”. However, after thoroughly examining her points, I now see that her essay is illogical. In her piece “College is a Waste of Time and Money”, Caroline Bird argues against the idea that “college is the best place for all high-school graduates” (1); in other words, college isn’t for everyone. Throughout her writing, Bird supplies her readers with evidence that explains how, for some individuals, college is a waste of not only time and money, but of intellectual effort, as well.
Ana Lucia Urizar, author of the article titled We’re Being Punished by Crippling Student Debt presents the argument of Student debt and the importance of remedying this topic otherwise face future detrimental effects. Urizar provided statistics suck as the average amount of loans in dollars the class of 2015 had taken out. Ultimately, Urizar’s main argument is that something needs to be done about the exorbitant cost of attending college because it is impeding graduates’ careers, standard of living and ability to fully engage the economy. This argument does well providing strong statistics found through credible sources such as The Wall Street Journal, however, the article failed to provide a counter-argument or different viewpoint regarding
“Student debt has exceeded credit card debt and impacts about 43 million Americans, sparking a variety of efforts to aid students struggling to afford college (Max Lewontin).” That debt weighs
College Debts And Their Effects On Future Generations Student debt is destroying what past generations have worked so hard in creating, a functional world. Colleges and universities have been around for quite some time now and have been a key piece in the puzzle of preparing students for success in the real world and unveiling what it has in store for them. Although these educational institutions have done much good to our communities and societies, there is a side of it that has limited our growth as a species and punished those who want to succeed.
Loans allow receiving a college education seem like a smoother process considering that such a hefty amount to pay is divided so that it can be paid for in moderation. Despite the fact that it’s split into many payments, it’s still a large quantity all in all so unless indebted students aim for high income jobs, there would many years of difficulty to come after college. For this reason, undergraduates make it their goal to go after jobs which would prevent them from being constantly pressured to pay off debt. Thus, student debt is both a crisis and a reason to encourage persistence towards greater ambitions (Hillman, 41). It is a tremendous thing when a student seeks to be financially comfortable or even rich in the future but not when it is for the wrong reasons.
In January of 2015 President Barack Obama got our attention by proposing to give every student in the U.S a chance to attend a community college free of Charge. Many were thrilled and some were unsure how this would work. We all know how important education is for one’s own sake, and as a nation in general. Education is an opportunity for one to expand their knowledge, way of thinking and it is a chance to change your life for the better for those who need it. The level of college student loan debt exceeds the amount Americans owe on their credit card- over a trillion dollars and it’s Getting worse.
Throughout the 20th century, the question “Is college worth it?” has echoed in and out of school halls, over the family kitchen table, and throughout the media for decades. College education has been seen as the norm and is highly encouraged and has also been seen as a path to all socioeconomic classes and beyond. The benefits of having a college degree are enormous and have been viewed as a standard of living and career advancement. Recent statistics and studies have, however highlighted the massive student debt and an increasing wave in college student dropouts. This begs the question whether college is still worth it and as this question has been ringing even louder in recent years, the fact of the matter is, for most Americans college is worth it more than ever.
The financial burdens that college leaves with the families and students needs to be addressed as student loans keep racking up over time. The cost of tuition for colleges has risen drastically over the years and has bounded students to only one or two college choices to choose from and at some points tearing away the opportunity to go to their dream college. However, one reason college has driven up in price is because the value it brings with it’s degrees, but it should not limit those who can not afford the worthy degree. College should be cheaper as it will ease financial burdens and broaden the choices of those wanting to attend
There is many people that go to college, but because of the cost they don't get through college. The elevated costs of college cause not only students to struggle paying for college, but also to struggle financially paying for college when they are done. In many cases, after graduating, young adults who don’t find a job will become poorer, increasing the gap between the rich and the
Additionally, students are left with a devastated self-esteem, a Mount Everest of debt, and a job they could have obtained without a degree. What many individuals are not aware of is that colleges aren’t held liable to produce effective, successful students. Instead, they are rewarded with ever-greater taxpayer-funded student loans, which allow colleges to raise tuitions even higher. On the other hand, individuals who plan on attending college are expected to earn one million dollars more than high school graduates over the course of their lifetimes, with more depending on their degree (Bond 2015). However, the amount of money will seize to cover the cost of their loan debt.
Ah, college – the bridge to intellectual fulfillment, a luxurious life, and a profitable career. This promise, meaningful but nebulous, is often perceived as a lofty ideal to many working, middle-class Americans, whose financial burdens and economic focus have made the pursuit of higher education seem like an impractical investment. More and more Americans are questioning the value of a college education today, citing the burgeoning costs of tuition and fees, which can leave a new graduate with student loan debt, as reason not to invest in a college degree. College, although undoubtedly expensive, is worth its cost because of its lasting advantages, which extend beyond the question of monetary payoff to the vast realm of knowledge one gains
With educational institutes raising tuition fees year by year, more people begin to question the legitimacy in letting students shoulder the majority of the costs, a practice prevalent in most countries across the world. Indeed, students themselves are the biggest beneficiary of higher education --- statistics have proven that people with a college diploma earn almost twice as much as a high school graduate, which well justifies the high price to pay. To many, this is no different from paying for being served in a fancy restaurant, or more closely, receiving training at a private school. Every service has a price tag, so does higher education.