In today’s world, children are taught from a young age that to be successful, they need to go to college so that they can live a good fulfilling life. But is college really all that worth it and does it fit into everyone’s path the way we are told it should? I knew that NYU is a private university located throughout New York City, with alumni featuring authors I love and writers I admire. It’s probably the most prestigious school in the state, which is why I’ve wanted to attend so badly. I also knew that RISD, Rhode Island School of Design, is the art school of my dreams and that since I've decided I'd like to go to an art school instead of a typical college or university, it has been my goal to get there. I was not aware of the cost of either …show more content…
An UPI NewsTrack article from April of 2009 reads, “New York University is warning lower income applicants to think twice about attending the $50,000 a year campus, officials said. The New York Post reported Thursday that the private school in Greenwich Village has been urging financially needy students already accepted for the fall semester to reconsider their desire to attend NYU, given the cost.”(UPI NewsTrack) Despite student loans being available to students, many have not been able to cover the full cost of this tuition well enough, even with a part-time job. But, a Washington Post article from October 2016 shows what the school is doing to make the school more affordable to its students. It reads, “NYU is also raising the minimum wage it pays working students, from $12 an hour this school year to $15 an hour by 2018-2019. In addition, the university is seeking to raise money for financial aid and to expand campus job opportunities for students. And it is studying proposals to limit meal and textbook expenses.” (Washington Post) Though becoming aware of the financial strain its students are under, the school has not done much in the past nine years to change their ranking as one of the most expensive colleges in America. RISD on the other hand has a $48 thousand tuition but many of its students are able to cover the cost with …show more content…
(USNews) Hand in hand with this, the average total indebtedness of the 2016 graduating class was $31210. (USNews) It will be difficult with any job to pay off the debt from financial aid because students are expected to begin paying off their student loans 6 months after graduating from college. Sure it will be gradually paid off, but the cost of living in New York adds onto that and it may take a student decades to pay off the student loans they took out to cover the cost of tuition. The starting salary graduating from RISD is $48,470 and their 2016 graduating class indebtedness was $31,037. (USNews) Being a starving artist is hard. It would be harder to pay for your debt with the starting salary RISD alumnis have, but with as many internships and extracurriculars te school has, job experience will be easy to attain. In turn from that, a good job will also be easy to obtain. Personally, I plan on working at Glossier, a makeup company with its headquarters in New York City, if my art career falls out or if I decide it’s not the way for me to go after all. Both of these schools have majors and minors that could help me to attain my goal of being VP of Design & UX at Glossier and I am willing to work harder to pay off what I have to after attending RISD if that means I will enjoy my life and career choices in my early twenties, doing something I love
In his article “Why Do You Think They’re Called For-Profit Colleges?” Kevin Carey offers harsh criticisms of for-profit colleges by claiming that they are directly to blame for the disproportionately high quantity of debt that their postgraduate students acquire. His primary reasoning for such is that for-profit colleges are charging more for their degrees than they are actually worth. He himself writes, “for-profits charge much more than public colleges and universities. Many of their students come from moderate- and low-income backgrounds…
Is New York Times credible? College tuition is a frequently discussed topic now-a-days due to the rising cost of attending a secondary school. A lot of companies and people have their opinions on tuition, but you must understand that companies and people are often biased. You, as an individual, must be able to identify credible sources and logical facts when evaluating a website.
What a shock this has given me and especially to other that are concerned with the paying or attending college. The rise of price for a higher education has brought many questions such as if the we are to believe that the education of today is worth more then the education from the past. Like I can’t believe how we are taken advantage over the price of our education and, shouldn’t the prices of all university be the same. Wow, this statistic has shown how greatly this problem has impacted us students, and has shown how public universities have taken an advantage on pricing our
Not having free or low college tuition impacts many people, “between 2011-12 and 2016-17 tuition and fees have increased 9% at four year public schools, 11% at two year public schools, and 13% at
Most students come to school on about $25,000 scholarship. Although they get that for four years in college it’s $100,000, that doesn’t cover everything that a person in college needs. The problem with that is that money is usually going to school supplies that are highly expensive. For example in the paragraph it states, a “$25,000 scholarship may seem like a lot of money, but it really only covers the basics. It covers thousands of dollars in mysterious, unknown university fees, tuition, housing, a meal-plan and multiple hundred-dollar textbooks.”
The cost of tuition is an incredible problem in today’s education system throughout the United States because it hinders the people who want to go college but cannot afford to do so. The price of tuition is a burden to those who are actually attending
In the last fifty years the world has gone under many changes but one that is really shocking is the escalating prices of colleges. Since 1985, the price tag in American colleges and universities has
The tuition and cost of college is detrimental to thousands of families across the country and brings student debt to future graduates. Some students have seen their debt climb over $30,000. Friedman writes, “The average student in the Class of 2016 has $37,172 in student loan debt…” (Friedman). With the debts being over the average income for single people households, college has transformed from a benefit to a burden. Young adults not only have to worry about their education but also paying for the next semester or years of college ahead of them.
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.”
However, the privilege of obtaining an education is becoming increasingly difficult to finance which ironically leaves some college students with the decision to choose between pursuing their dreams or having a meal on a consistent basis. The general perception of students who attend college is that since they are able to afford to further their education, they are inherently privileged and inevitably categorized as part of the affluent demographic within our nation. In contrast, Frank Eltman of the Huffington Post expressed that the majority of students enrolled in a university are ineligible for food stamps despite suffering from food insecurity. Eltman also capitalizes on the statistic that the tuition for public universities has increased an inordinate amount of twenty seven percent in the last five years. However, tuition is not the only expense that students are expected to finance.
He said, “multiply that by four years, then by two or three children.” (85) Now that is an eye opener, for one student to take on a four-year college degree they would owe around $84,000 and that is a copious amount of money. When students have to pay for their own tuition some are juggling school work on top of a job so they can pay off student loans while going to school. Free college tuition
It has taken many years for people in society to break out of the norms and expectations of how to grow up and live in the world. A huge factor in this “revolution”: attending college. Whether it is taking a gap year to discover the world and the waiting opportunities, or simply running with it all after high school to work, attending college isn’t considered a given anymore. Now not all cases are the same for every person, therefore they can only decide what is the best path for them after high school. Still, the benefits of a being a college graduate will never be diminished.
According to the New York Times, “about two-thirds of bachelor’s degree recipients borrow money to attend college, either from the government or private lenders, according to a Department of Education survey of 2007-8 graduates.” On average since 1980, college tuition prices rise 7% a year. In comparison, the inflation rate is just 3.2%. But we have to remember that as long as the demand for higher education continues to rise, the price will also rise. In order to pay for the absurd prices of higher education, students should not have to end up turning to loans.
This is supported through another U.S. News and Report article that mentions how an average payment plan is for 10 years, but is extended an upward of 21 years for the average bachelor's degree holder. Debts, such as these, are a consequence of tuition being too inflated and not being handled properly, but can be better managed if prices are lowered. As a result of lowering tuition, a question arises about where would these institutions get enough to support maintenance and upgrades. Admittingly, this proved to be a difficult solution to find, but campuses could rely more on students to fund their own activities, such as fundraisers, while at the same time switching to ways of teaching more effectively with technology as it out-dates slower than hard books. Taking such measures would lessen the burden placed on students and ensure a better quality of
1 According to the College Board, the average cost of tuition and fees for the 2016–2017 school year was $33,480 at private colleges, $9,650 for state residents at public colleges, and $24,930 for out-of-state residents attending public universities. Various organizations and public fund provide the financial aid to the students but still, these are not quite