A college degree has become an essential to any possibility of getting into most jobs. Unfortunately, tuition fees are rising significantly and this is creating a barrier for the less fortunate students to pursue their dream jobs. All governments need to do what it takes to reduce the cost of university tuition as
As of 2016, for an average family of four to get by will cost 46,000 dollars a year, but the average salary for someone without a degree working full time only makes an average salary of 21,000 dollars a year (Troutman). So it is easily seen that forking up 500 dollars a month for student loans is close to impossible even with both parents working. In addition, just because these college graduates have degrees does not mean that finding a high paying job is easy, some may be completely incapable of paying back student loans. Degrees that have a little to no job market such as arts and humanities, social science, and philosophy may be great things for personal interest but not for financial support. These degrees can leave one stranded in the land of unemployment or in a low paying job; Afterall, 7.2% of all college graduates are unemployed and 14.7% are underemployed
Academic achievements will help with loans, and scholarships (Texas Tech) The expenses in this college. The tuition is 5,277dollars plus other fees 2,751. Housing cost on campus room and board is provided by the school at a cost of 8,928 dollar per academic year if students decide to live off campus they need to budget about the same amount. In order to live in residence you need 30 hours but not
I had no idea that college tuition was so expensive, I would hear people speak about it, but it doesn’t quite reside with you until you’ve experienced it for yourself. My first semester of college, financial aid only covers about two-thirds of my tuition, and with three kids in college, I had to get a job to help out my parents out. This job then began affecting my school work and ultimately I had to quit. I then resorted to applying for scholarships, and that’s what helped me out a lot. What colleges don’t understand is that their expensive tuition does not only affect your pocket, but also your overall performance in school.
According to The College Board; a full year of tuition in a four-year university cost Ninety-Four Hundred and Ten Dollars without its expenses, transportation, dorm and books fee. A first year college student could go to a four-year institution by their choice of a bigger bill to pay off or go to community college as a starter of their college career with a middle size bill to pay off. But what would happen if they passed the bill about going to a nearby community college was zero dollars as tuition?
According to collegedata.com, an average college student has to pay $32,405 for a combined tuition and fee cost for a private college. On average, a college student makes $1,200 a month through part time jobs and help from a parent; that’s only $14,400 a year. Getting a scholarship of a couple hundred dollars, depending on your school, won’t always be enough to pay for college. Based on an Edward Jones survey, around 83% of americans have said that they can’t afford to go to college, and college prices are always going up. If college students can’t afford college, then why doesn't the government lower the cost or pay for the college?
An article in the U.S. News stated that on average a bachelor degree holder can take around 21 years to pay off his/her loans. From CNBC.com,,, the College Board estimates that a student spends around $1,200 a year on books and
Therefore, people that have degrees have a higher chance of finding exceptional occupations, also people bring in a great deal. “The earnings of those with less than a high school diploma decreased $5,200 during this period, while the earnings of those with a bachelor’s or higher degree increased $2,700” (Bellenir 56). It 's just a better decision to attend college, and earn a degree. It 's just a few years of school and it could help people earn a great deal of money in the long run. Studies show that in the year 1980 people with a bachelor 's degree or higher made 19 percent more than just high school graduates.
There comes a point in every person 's life, where they have to make a choice.This time is graduating from high school. MIllions of high school students are asking themselves whether to continue their studies. But some of the students don 't get to choose due to financial restrictions. I believe that every student should get to choose if they want to continue their studies or not so, Should college to free for everyone. As it is said that,”Nothing is free in life” it also remains true with college tuition, one of the biggest arguments against a free college is the fact that the 6000$ per year fee for college would just be turned into taxes and now instead of just those few who want to get post-secondary study everyone will have to pay for
“Workers with a bachelor’s degree earn about $415 more a week than workers whose highest level of education is a high school diploma.” (“New School, Old Story”) Adding onto that “$22,000 more on average per year, compared to high school graduates.” (“5 Ways Ed Pays”) $22,000 is a very big number for people who can’t afford a new apartment even though they work 3 part time jobs as a high school graduate. Earning a good profit nowadays is extremely important due to everything being so expensive. Furthermore, it is more likely that unemployment rates
Does one even have enough to pay standard bills? The cost doesn’t stop there, so were those thousands of dollars spent really worth it? That’s what most ask themselves at night when they can’t sleep because they’re figuring out how to pay their light bill. The ground on wages fluctuates by year, “hourly wages for young college-educated men in 2000 were $22.75, but that dropped by almost a full dollar to $21.77 by 2010. For young college-educated women, hourly wages fell from $19.38 to $18.43 over the same period” (“New College Grads Losing Ground on Wages.”).
In Rhode Island there being the location of Brown University along with many other well known schools there is a large margin of students who are not able to afford an education in a time where a college degree is key for success. For these students of whom do not fall under the circumstance where they qualify for financial aid they have to take out students loans that take years to pay off. In recent years the amount of student debt has been reaching an unimaginable amount as “Americans owe nearly $1.3 trillion in student loan debt, spread out among about 44 million...In fact, the average Class of 2016 graduate has $37,172 in student loan debt, up six percent from last year” (Federal Student loan statistics). With a six percent increase in
College is expensive, yes, but is it worth going? Many people struggle with the choice of going to college and being in debt or not going to college and being debt free. The choice of being debt free sounds good but in the long run, college is worth it. A study by the bureau of labor showed the weekly earnings and unemployment rates from people with less than a high school diploma up to people with a doctoral degree. The average weekly earnings for someone with a high school diploma is about 668 dollars.
There is a huge debate on rather or not attending college is worth the money . Yes, college is very expensive. 69% of college students has to take out loans and are in debt. The average college student is about $28,400 in loan debt. According to Consumer Report, if a student drops out, or graduates and is either unemployed or underemployed, it may be next to impossible to pay back student loans.
With that college degree, you are four times more likely to get employed than not having one. Jobs available without that degree, are beginning to disappear and they are almost non-liveable wages such as serving up fast food or checking out groceries; which really adds an incentive to attending college. In contrast to that, those with a college degree make almost $18,000 more per year than those who are without one. This is a big gap, that can possibly keep extending in the next few decades. With that higher annual income, comes the debt on the side.