The reason being is because college is just simply to expensive. College students make roughly $1,400 a month and about $10, 200 every year. $10,00 dollars isn’t nearly enough money to pay for four or more years of college. “Making college free would have one additional benefit: It would drive the for-profit schools out of business. They now enroll 13 percent of those currently attending American colleges, or 2 million students.” Radical Futures stated in their article, making tuition free will drive people to go to college.
The total cost of an in-state university (including room, board, books, travel, and miscellaneous expenses) hit $24,061, up $651 or 2.8% from last year. This to most isn’t just pocket change, having this kind of money annually for 4 or more years isn’t easy, most students get grants, scholarships, or loans to pay for the extensive tuition. So is college really worth the student loans/debt, tuition cost, and possible monetary wages and payoff? Preliminarily, students apply for loans when they don’t have the money to pay for their books or other expenses that derive from college. Loans can quickly turn into a substantial amount of debt by the time a student completes their standard 4 year degree.
Student loan debt loads have been spiraling, doubling over the last decade, and the enrollment rates of young people from lower socio-economic groups are rising far slower than middle and upper groups. Governments must recognize the renewed public investment in post secondary education is an economic and social imperative. 6.7 million borrowers in repayment mode are delinquent (Snider 1). The sad fact is that many lenders aren't exactly incentivized to work with borrowers. Unlike all other forms of debt, student loans can't be discharged in bankruptcy.
Why College Isn’t Worth It Attending college is something that many High School students look forward to as a buffer or a way to make the transition into adulthood easier, but a rising question has people considering: Is going to college really worth it? While some describe college as their best years, it leaves most attendees in debt and with a degree they may never use. Between tuition fees, traveling, housing, food, and textbooks, all college students are bound to owe at least a few thousand. In 2014, the average student loan debt was between 24,000 and 33,000, varying by state. “Seven in 10 seniors (69%) who graduated from public and nonprofit colleges in 2014 had student loan debt, with an average of $28,950 per borrower.
Although the U.S department of Education offers financial aid to students, the aid it provides is not an adequate source. Most students receive some type of loan to pay for college. CNNMoney reports, “Thanks to climbing tuition and inadequate college savings, 40 million Americans now have at least one outstanding student
Some would even wonder if college was for everyone, or if it was simply for those who could afford it. With college tuition constantly on the rise, is this affecting everyone or just the low income families? Some believe tuition cost is a reasonable bargain, while others believe it is wildly unaffordable. Presumably while attending college the costs are hidden, but by the time students graduate they’ve buried themselves in debt caused by a compilation of student loans. The reason
Around May, many high school students are forced to wonder the same thing: is college really worth the cost of tuition? To many, it appears to not be worth the cost, however, I disagree. In most cases, spare for a few rare exceptions, a college degree is almost entirely worth the costly tuition fees. Unemployment rates are far higher for those who did not go to college than those who did, and the salaries are higher for those who have. It is also far easier for those who get a college degree to find a job.
In the centuries the cost of college has gone up and the price of education and counseling has gone down, with job security putting the nail in the coffin. More kids are prone to drop out of college due to the cost, but still have a good job. For people who come from a rich family they would never have to think about dropping out, but for the average Joe college is not an option because of the amount of money it takes and there is no promised guarantee that you will have a job after
Zach Lindley Professor Fisher English 101 11-13-2016 Rising Tuition Costs Is going to school to obtain a degree so that you can further your education still an opportunity for everyone? With tuition growing for the past decades many individuals question whether higher education is even worth it in the long run. Tuition has increased dramatically over the past couple years which has made it extremely difficult for students to pay for higher education. Without new resources for new students it’s getting hardier to take classes and pay for it without ending up buried in debt. Higher education costs have risen due to public revenue shortfalls with greater institutional spending and the solution to this is to provide adequate financial aid as well as regulating school spending.
Financial aid is a government grant to help make college more affordable for everyone. Kelly, Andrew P. in the article "The Problem Is That Free College Isn’t Free." Andrew Points out, “During the  recession, enrollments boomed and the state budget for higher education took a hit. Unable to raise additional revenue through a tuition increase, California’s community colleges turned away 600,000 students” (para 3). Colleges turned away many college students because they were not able to acquire financial aid.