The author highlights the drastic change in college tuition by saying tuition for “ a four year college has increased by 1,222 percent since 1978” (Ellison). It shows, the price these days a much higher than nearly forty years ago, which is a massive change overtime. According to the National Center for Education Statistics the average cost of college tuition for instate students was two thousand dollars, for a four year college that would be eight thousand dollars. Taking the stats brought forth from Ellison, increasing that price by “1,222 percent” means that college students are now paying $100,000 for a four year instate college. Ellison does this to show that “college is more expensive today than any point in U.S. history.” Therefore, he argues that financial aid does not even put a dent in this cost, and in order to fix this there must be some sort of “acknowledging the student loan debt crisis”(Ellison).
Even though these educational institutes like colleges and universities clutch an expensive cost, it is of huge weight not to let that dishearten you from getting a college degree. The expense of tuition is continuously on the rise but also the amount of accessible monetary aid choices. The worldwide financial system is becoming gradually more and more competitive, and to give yourself the most excellent possibility for a good salary job and a good healthy life, the importance of college education must first be
A college graduate who is clear of being denied a job, but is more unlikely to be unemployed. Along with its financial benefits, degrees give people more opportunities with jobs and give a better look on resumes. A college education gives aid to men or women to do higher skilled jobs with higher paying salaries. They also provide people with higher leveled skills for harder than average jobs so they can succeed in those fields. College prepares them for those upcoming times with jobs.
In the school system, the students are introduced to competition, the status of hierarchy and high grades. In this case, students from rich families would easily get into a well standard university whereas students from poor families may not be accepted to any post-secondary schools due to financial issues. The high class keeps getting richer because of the ever-changing economy. They invest in big companies, have high-paying jobs, live in better neighborhoods, and are more likely to have a better education than someone who is from an inner city. When a famous company CEO makes millions and gets a pay raise, there is usually a debate whether or not they deserved
If college were to be free the immediate problems would be the collapse of the entire college business industry and the fact all of the sudden taxes rise by a lot, but eventually as more and more people start to graduate from college and get jobs the economy would build and as many studies show that more educated people tend to make better decisions in life which will make us grow as a nation. A very successful nation in today 's society Germany has free college, it is also one of the key parts of the Bernie Sanders run. A free college would also lead to everyone having a chance to build a successful future for themselves other than those who can afford 20000$. Also currently what this college system fails to recognize that not every is degree is not capable of making back that tuition fee, so in short its only worth it to get a music,philosophy or arts degree if you have rich parents.If you don 't but like any of those topics, then it sucks to be you. And moreover, there are so much better stuff you could do with 20000$ like You could buy a Mini Cooper or You can invest it for 30 years and turn it into $265,353 at a 9% rate of return or You could buy 40,000 donuts which is enough to last you 109 years (without inflation and the cost of your heart surgery) so many people tend not to go to college.
Income inequality acts as a means to “wake people up” and make clear to them their need for higher education and more hard work to obtain more money, and thus, more success. As income inequality increased in China and America, there arose a correlation to the increase among men and women of all races and ethnic backgrounds. Despite the fact that income inequality could cause people to make poor decisions and make them insecure in society, income inequality improves the economic systems in America and other parts of the world by serving as a motivation for people to achieve much greater things in the desires of changing their station in life for a happier
In the face of student debt, Denhart says “If you accumulate a debt of $38,600, you will be paying $320 a month till you pay off your debt.”(Denhart) Even though one may accumulate student debt, there are so many advantages of a college education. With a college education, one can get a better paying job, meaning better wealth. Addition to that, unemployment rates will decrease and employment rates will increase. Lastly, it is almost guaranteed that you obtain better social skills by going to college. Ultimately, college education is valuable because one can have better wealth, is less likely to be unemployed, and better social
Many kids wake up early everyday and go to school, just as adults go to work. Don’t they deserve to be paid, as well? Whether or not we pay students for good grades is an important issue that could have a substantial impact on our future society. If students get paid for good grades, higher graduation rates would be one of the effects. Another is that it prepares students for the real world.
They have achieved most people's life goal: being rich and not worrying about money. People who have college diploma are more likely to be financially stable compared to people who only have high school diploma(U.S. Census Bureau, 2000). Due to this fact, people go to college for the better career opportunity in order to make lots of money and be successful in the
“Experts recommend viewing a college education as an investment in your future(“The Value of Education”).” By receiving a college education you can get a better education. Having a college degree will help you get better jobs. Receiving a college degree will help you earn more money. College is worth the price because you can get a better education, better jobs and can make more money. First, receiving a better education will help you get a better job and have life skills.