Living where we live, you begin to comprehend that living off of $11.00 per hour including with your family will never suffice your needs. Getting a college degree can ensure the graduate a higher chance of being able to earn more financially. In the article “Why College Isn't And Shouldn't Have to be For Everyone” by Robert Reich, he states that “A degree from a prestigious university can open doors to elite business schools and law schools-and to jobs paying hundreds of thousands, if not millions. ”Even though Reich’s article is on the opposing side of the argument, he fails to overlook the fact that in the long run having a college degree will, and can open doors to many new opportunities. One of those opportunities is to be able get a well paying job that can earn more than the average non college graduate.
To continue, keeping a job and saving that money for college debt could help drastically. Working while in high school before college will help create a small pile of cash that will be a savior when debt is at it’s highest. And while working just saving a small portion of a check over time will stack up more and more without a thought and at the moment it is needed the cash will be a huge savior. In the article on page 13 it states, “The Journal of Student Financial Aid found that college students who were employed actually had a slightly higher average GPA.” so obviously having a job will not only benefit any money problems but also help with being academically adequate.
Debt is the amount of money you owe to a person, bank, etc. According to Margaret Hoover, “If you finish your four years or any post high school educations leads to increased earnings over the course of your lifetime, and that’s just undeniable.” College is worth the cost because it provides future jobs, better pay, and living environments. College gives you better job opportunities. Some people say that you do not have to go to college to get a good job.
Some people say there is no need for the thousands of dollars wasted in college, others say college is the key element to success. Many people don't think that college is necessary, but is that really true? College has a tremendous value when one is looking to be successful. The value of a college education is extremely valuable and necessary for someone who would like to prosper in life.
Ellison starts off by saying “once, a degree used to mean a brighter future for college graduates, access to the middle class, and economic stability” (Ellison). This highlighting the hopes that come with going to college and getting that degree, even if you do have student debt, but then he immediately highlights the hardship that comes with the college these days. The author states that “student loan debt increases inequality and makes it harder for low-income graduates” to “to buy a house, open a business, and start a family”(Ellison). The economy is going up by any means and it has no room for a middle class because there is so much debt. College graduates coming out of college are having even more of a hard time supporting themselves after college rather than while in it.
Is College Really Worth the Cost? Most American goal in life is to earn a living when they come out of high school. But, maybe it isn’t really necessary that high school graduates need to feel ad if they are being rushed off to college. People who are hustled off to college discover that they would much rather be learning how to build things or fix things. College students and graduates are facing debt, unemployment/ drops in wages, and some would rather learn with their hands.
He agrees that college is a good investment for people who are willing to work hard. However, he also mentions that college is not for everyone, and we must realize that not everyone is fit for higher education. Even though the price of college has risen tremendously the amount of graduates has risen almost every year.
Did college cost get affected by the recession? The cost of college has always been what young adults have thought about? These costs have gone up gradually over time. This has aroused the question of is college worth the cost? Despite the fact that college may seem to set up your future, I differ with this because you will pay lots of money and will not have real world experience.
Twelve percent of high school graduates are unable to attend college due to their own personal reasons(Rath). Even if the do want to go to college they cannot because they can’t afford to do so, so instead they try to take on low paying jobs. By making community college free not only does it help reduce student loans, it can greatly improve the unemployment rate, improve education. Not only that but it also can bring people out of poverty and even give rise to an educated workforce(Rehm).
So many successful adults till this day are paying back their college debts. Over the years, some are able to pay back their debts in college and others are not able to and are still struggling, due to having to pay other debts that they may have. In some cases, some people drop out of college just so they will not have to owe so much money, but to drop out for that reason is not good. There are several of ways to stay away from college debt and that is getting scholarships, saving money before going into college, and also attending a community college instead of jumping to a university. College debt is a large amount of money that a college student will have to pay back within a certain amount of years after graduating.
North Carolinians graduate students mostly choose to stay closer to their hometown and in North Carolina for college. But why? In state tuition is much cheaper than out of state tuition. An article states, each state has its own “public” institutions that are run and funded by the state. Funding for these schools comes from the state residents in the form of taxes.
In the article “Debt Education: Bad for the Young, Bad for America”, Jeffrey J. Williams explains the damage student debt causes past and present college students. Williams argued that more than half of the college students and their families are in debt from having to make such large payments toward the rising costs of colleges. Though, Williams also states a higher degree or education will lead to a high income and all around better jobs, the risk of being unemployed after college is too great. This is considered to be good for individuals, as it will maximize their economic potential. It is also good for society as a whole as people are getting better education, and rising to greater expectations in the world.
College Debt: Myth or Not? Many people have stated that student loan is a crisis. Because of this being stated, there are many high school graduates who cringe at the fact of going to college. The rumors of debt have led to many changing their minds about college. One should not change their mind due to the debt myths because in the outcome they will earn more money from their higher paying jobs.
Currently, the U.S. has accumulated roughly one trillion dollars worth of debt from student loans. (cite) But, what if student debt was forgiven overnight? Now if student debt was eliminated all at once it would be an enormous expense for private lenders and the federal government. Yet, people continually suggest the dissolution of student loans with a one-time payment plan from the government.