Every semester, there are an abundant number of students who apply for Pell Grant to assist them with the costs of college. Sometimes, students will not meet the financial criteria because their parent’s income is a bit too high or because of other financial factors that they will not qualify. Thus, it puts a student in a situation where they will take out student loans, that they’ll be paying for many years. Clearly, the result of being someone who has not committed a crime and works to pay for their own education, is the one that pays the ultimate price. Yet, congress wants to financially grant prison inmates a free education, while exemplary citizens are denied.
According to Storms, the core problem for graduating college students is debt. In the article, Storms explains how we are told that having a bachelor’s degree will double a person 's earning. Even though this may or may not be true, there is still the fear of paying back student loans after graduation. It is obvious that not every degree is guaranteed a job straight out of college in the field one chooses. Storms also gives the story of his family using the fear of debt as an excuse to not to go to college.
In the first place, college being free would help the students effectively. Students who go to college today have up to three jobs to pay, payments on their tuition. If they focused on their studies they wouldn’t be so tired and would put in a great amount of effort into the classes they take. According to The New York Times ( http://www.nytimes.com/) stated that 65% of the students accutley go to college. The problem is that 30% of student that have parents helping to pay for college drop out as 60% of students that don’t have family support in help paying dropout within the second year of college.
Of course everybody wants to go to college, get a degree, and be successful. Unfortunately, The American dream has been sabotaged by the costs of education. As for jobs and education in America, many other countries have been competing with us. The rise of immigrants from other countries such as China and India are contending hard with American students in the college, and workforce. According to a source, the average college tuition is about 9,000 dollars.
Society feels the need to buy the luxury goods, to show off to accuiqutances of what they can afford or not at times. Many people in my own personal show off the latest wear, when they have a minimum wage job and are still living with their own parents. Even adults who make an okay living believe they need everything new in their life. They have everything new, but then fall into a debt and borrow the money but they do it all over again. Accuqitances feel the need to buy the Michael Kors bag that cost almost three hundred dollars, and then want to say that they are broke to buy anything else.
Recently, many have begun to attack and degrade higher education in the United States. In the book How College Works, authors Daniel Chambliss and Christopher Takacs claim, “As state support has eroded, and as more students attend college in an increasingly desperate attempt to find viable jobs, the price to students of attending an institution of higher education has gone up, especially at more selective institutions” (172). So is college even worth it? Caroline Bird’s excerpt from her book Case Against College “Where College Fails Us” is an adequately written article that agrees with those who question whether college is a good investment. Bird argues that although some students would benefit from college and succeed, many fall short, wasting
According to Anya Kamenetz in the article “Generation Debt,” young people of today are struggling with high debt due to high educational finances and this is preventing them to move on as responsible adults. College tuitions are too high to pay that young people fall into applying for student loans, and have significant credit card debt with high balances. Most students are using their credit cards to pay for their college expenses and student loans; even their paychecks are being used to pay for college. I agree that many young people held back in becoming a full adult which they are doing everything they can just to continue their education. Even if it means to continue living at home with parents just to make ends meets and not being able to step in the “fully adulthood.” In other words they, are prolonging their adulthood just to be able to go to college and be able to fully
58-61. NC Live. In this article Michelle Adam, discusses a recent article that revealed various studies depicting how college education has impacted people lives in a negative approach. Education appears so worthless till finical aid sums up and you then have to set back life instances; for an example: a family, marriage, buying a house etc. because the price they have to pay for their college education has forced them to focus more on payment then on their future.
Journalist Sophie Quinton discusses how college expenses are constantly rising, though many states are now reducing instate tuition in her recent article, “States Move to Curb Rising College Tuition. Quinton informs readers that colleges are not only cutting college tuition, but freezing it. As a result student loans are soaring nationally, and schools are forced to become more efficient. Student loans are then causing debt, that later affects a students’ life in numerous ways. College students today, tend to lean towards nicer looking colleges, rather than a higher education.
In his book The Cost of Human advancement, Jeffrey Sachs contends that the expense of making all open advanced education free in America would be somewhere around fifteen and thirty billion dollars. While this might seem like an extensive entirety, it could really spare cash. Most importantly, the legislature is right now burning through billions of dollars on revenue driven schools and different universities and colleges that have low graduation rates. Truth be told, what is happening in the condition of California is that as understudies get evaluated out of the College of California, they either drop out or go to junior colleges. In the interim as junior colleges are defunded, they are compelled to cut their enlistments and raise their expenses, and the outcome is that understudies wind up going to high-cost revenue driven schools that have a low graduate rate.
Lachachiaa bring up is that half of them can’t find a job in their field when they graduate. So not only are they now working in a field irrelevant to their field of study, but they are thousand of dollars in student loans. He argues that certain people (hyper) need to get out and work, yet society pushes them and trys to mold them into beign soething that they are not. Mr. Lachamiaa believes that these people would be happier working with their hands and releaseing some of that hyperactivity. Mr. Lachamiaa says he is very greatful for those college educated, engneeirs, doctors, architects and lawyers.
College students and graduates are facing debt, unemployment/ drops in wages, and some would rather learn with their hands. Many college graduates are facing unemployment, leaving students and parents to question if college is worth the cost. The answer is no. Student debt has significantly increased. “If you get this wrong, it’s actually a mistake that’s hard to undo for the rest of your life”(Peter Thiel co-founder of PayPal).
Falling into the Economic hole. “College is part of the American Dream, It shouldn’t be part of a financial nightmare for families” – Barbara Mikuski Part of the American Dream is to go to college and get a degree in order to better your family situation. What we fail to notice is that obtaining the American Dream is getting harder by the minute. It is hard to convey a message of prosperity when college tuition just seems to be going through the roof as they year goes by. Financial aid seems to be getting harder to obtain or the scholarships and grants keep on declining.
Another major problem for college students is money. A study has been done in “Ohio University states that seven out of ten college students in the United States, are worried about their Financial” (Sonawane). According to the International Business Time they did a study that the “National Student Financial Wellness showed that about 60% of college students were stressed out because they don 't have enough money to pay for studies another forty percent were worried about having not enough money to pay for expense and students abandon their studies because of debt”(Sonawane). Another problem for college students is getting a job. People that are just getting out of college usually have to get jobs most of them already have jobs but they might need more money so they would have to get two or three jobs.