A college’s main sours of revenue in tuition money which as previously stated, is four hundred percent more expensive than twenty years ago. People who are seeking the traditional path into the work force are forced to pay these crazy high prices and are enticed by a pretty residential life and the thought of new found independents. The reality of student debt have not set in yet. Student debt is at an all-time high with an average of 29,000 dollars per student. Because of the tradition of going to school and the amazing residential lives, it can be easy to recognize the severity of the situation you are putting yourself in.
Mike: Going to College straight out of high school is the best way to go, because it gives your life a huge jumpstart to a future career. Workers with a Bachelor 's degree earned an average of $464 per week more than workers with only a high school diploma. (Brady) Just 2.7% of workers with a Bachelor’s degree are facing unemployment, compared to the 5.2% of workers with only a high school diploma. (Brady)
“An important pathway to the middle class now runs through higher education, but rising costs are making it harder and harder for ordinary Americans to get the education they want and need” ( Sanders). Many student who’s families can not easily afford the cost of college often do not further their education after high school. Students that know that their family struggles with money already don’t want to ask for more so that they can go to college. As the cost of college has been on the rise many have talked about wanting to provide students with a free college education. Many bring up that the states grant their students with free public education till they complete the twelfth grade.
For a student from a high-income family, the amount of aid will be significantly lower, and the overall cost will be higher. Some say that this would spark controversy because most students would be paying off the costs after their undergraduate years instead of their parents doing it for them. There should be no reason why colleges should raise or lower their prices based on the income of every single future student. I can recall the time when I was applying to colleges. Out of all the seven I applied, I knew I had to pay my share for five of them.
College sports collect millions of dollars each year:Approximately around 40 million dollars a year, states and universities make. You would think that the amount of money that is made would get split between the franchises ,students and schools but unfortunately the students that play receive none of it. Theres many discussions on if college athletes should or should not get paid and because they already receive scholarships then they shouldn 't get paid. Scholarships in itself is “around 25,000-30,000 per year for example a student who 's division 1 thats over 100,000 for 4 years of college(Hartnett 1)”. So if college athletes would start getting paid then they shouldn 't get any scholarships and they would just have to pay for it with the money they are receiving.
On top of all this, college degrees are more common than ever; record numbers of Americans have a college degree and its impact on future earnings is not what it used to be. So, college students are paying more for a degree that will earn them less than the same degree did a generation ago. And we want to go into debt getting this degree?
Statement: College isn’t worth it Do you think it 's worthwhile to spend $900 a semester and do you think it 's worth it to have to do all of this and still have a chance to be unemployed? I don 't think so because of the (Claim#1) colleges being so expensive and the average price for college is around $33,480 and $24,930. It 's absurd on how much you’ll have to pay if you do go to college because of the amount of money it takes before and after. I shall include that (claim#2) not all students are going to go to college because of acceptance ratings, the acceptance ratings of a good college like Harvard might only pick 6% of the applications and leaving the rest of them somewhere else.
There are also some reasons why going to college may not be a good plan after high school. Some students might not have prepared well enough to go to college while they were in high school (www.blog.prepscholar.com). They may have scored low on the ACT which will lead to college costing too much. Some people wait too long to try to get financial aid and then have to come out of pocket to pay for it. If you do have to borrow money for college, the debt lasts a very long time.
In addition withunemployment expected to remain above 8% well into 2014 it will likely be many years beforeyoung college graduates-or any workers- see substantial wage growth as illustrated in charts twoand three. This can be attributed to the recession of 2008 (Kroeger) (Bennett 6) this recession hascaused student to not see the high return on the pricey investment of college education. Chart one(Shierholz) Avila 5Chart two (Kroger et al Figure A)Chart three ( Kroger et al Figure
For example, A majority of Americans say the higher education system in the United States fails to provide students with good value for the money they and their families spend (Pew social & demographic Trends, is college worth it? (The value of education, 40). If people do pay for college it will be hard to pay for other things as well. For another example, About half say that paying off debt made it harder to pay other bills (Pew social & demographic Trends, is college worth it?) When people pay for college they find it really hard to pay off things like bills and debt.
Brink Lindsey, the Cato Institute 's vice president for research, writes about not only the importance of a college degree, but also the financial strain it has on the families funding it. Brink Lindsey, has written that the income of college graduates has risen from below 50% in 1980 to 85% in 2008, and those without an education are barely able to attain a menial income, insufficient of their needs. “Tuition costs have galloped far ahead of inflation, while many in the working class have seen their incomes stagnate or slip” (Lindsey). “A lack of money is the
Unfortunately, Brya’s story is not uncommon. According to statistics gathered by the National Center for Educational Statistics (NCES), while eighty-one percent of high school students graduate on time, less than sixty percent of these students continue on to college (Mortenson). A recent poll conducted by a college student asking two hundred-fifty recent high school graduates why they chose not to attend college right out of high school, shows a whopping two hundred eighteen students say it was because they could not afford to attend.2 With many graduates choosing to work or into the military, instead of going to college, the question now becomes are they really
College student debt has reached over $1.3 trillion dollars. A question that is asked in society today is, is college really worth it? College tuition is continuing to rise as years go by and students are simply just not attending college due to it. Little do they know, there are ways around paying so much for college tuition. There are multiple ways students can lower their tuition so that they are able to have a successful career which include applying for grants,getting a higher degree, and staying in college.
When it comes to the topic of going to college, most of us will readily agree that college will be worth the cost. However, is it really? My own view is that college is not worth it. Ultimately, it’s a waste of time, salary increases aren’t keeping up with the wage growth, and just way too much money.
Is College Worth It? Going to college can be really expensive and not affordable but that doesn't mean you should go college is worth going to because you have a higher chance of getting a good job and you can also get more money with a better job and lastly quality of life college can improve how you live you become more responsible and independent with your own self and work. College is worth going to because of job employment in the Document A it shows that people with a doctoral degree earn up to $1,623 weekly than in contrast to people with only a high school diploma who earn only $678 dollars weekly another example from Document A is that people with no High School employment have unemployment rate of 8.0% in the other hand a person with at least an associate's degree has only a 3.8% of not finding a job this means that people who go to college even if it's just for a associates degree have a better living and chance of getting employed than a person who only has their high school diploma.