Many people dream of a life filled with riches, but that dream is hard to obtain without a college degree. It is somewhat ironic how people dream of being a successful student and going to college but the cost of tuition turns that dream into a horrible nightmare. It is not a shock to most people when they that college tuition is expensive, but in the past few years it has increased to an all-time high. Lower and middle class students have now begun to realize that college tuition is holding them away from their dreams. Even though college tuition could provide opportunities for job creation and economic growth, tuition is not affordable for the average American household which in effect, prohibits students from taking opportunities like going to college in the first place. Since tuition has risen 3 times higher the rate of inflation in the past 10 years, this increase a student’s chances of not being able to afford higher education and also gives them a better chance of accumulating debt post-graduation. Some people think that the college education they acquired did not fit the amount they paid for it, even if they pulled out loans or were an ideal candidate for a scholarship. This is a scary fact because higher education can determine if you thrive …show more content…
But, with tuition prices spiking in the last decade, college is not a choice for most students graduating high school. Not going to college is an opportunity missed within itself but colleges that vacuum all your life savings in one year also take away the opportunities of getting a great education, stable lifestyle, and job. Post-high school education is becoming harder and harder to reach and without the governments help there is really nothing we can do about it. School funds need to increase from the government so that the students of America can take the opportunity of going to a well-priced
But now since some schools are very expensive and tuition costs rising fast a college student is more dependent on loans. While wealthier students are able to go to college for longer periods of time students from lower or poor families are not able to pay for classes or college itself. Lower-income students, if they are able to pay for college, are not able to obtain the larger degrees the higher income students are able to while they are only able to get the smaller degrees. The authors state this by saying, “Fewer than 60 percent of students who enter four-year schools finish within six years, and for lower-income students it’s even worse.” (page 218, para
Is college worth the money? This has been a question asked by millions of high school seniors, current college students, graduates, and parents across the United States. Many argue that it opens more doors over those who chose not to attend while others argue that we send too many students all while increasing the national student loan debt. Author Marty Nemko argues in his article, “We Send too Many Students to College,” that too many students are pushed to go to college. Nemko assumes that those reading his article are parents questioning if college is the right decision for their child.
Jose Espinoza Ms.Robledo May 4, 2016 English 1A/ Revised Throughout the years, it has become common to hear cases of students going into debt, and the number of college dropouts has been astounding as well. High school students looking to graduate encounter difficult decisions, and when making those decisions they need to look forward to hypothesize the outcome. America generally believes that a college degree is basically a requirement just for entering the working middle class. According to the essay “Should Everyone Go to College?” by Stephanie Owen and Isabel Sawhill, higher education is not a great investment for every student.
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
Introduction The cost of college tuition in the United States has been skyrocketing for decades, making higher education unaffordable for many families across the country. This issue not only affects the immediate financial stability of students and their families, but also has far-reaching consequences for the economy and the government. With more and more people struggling to afford college, we are seeing a decline in the number of students enrolling in higher education and a decrease in the number of skilled workers entering the job market. As such, it is essential that we find solutions to make higher education more accessible and affordable for everyone.
Today, I would like to talk to you about a critical issue that is affecting over 15 million young Americans as we speak - the rising cost of college education in the United States. With tuition costs soaring every year, increasing over 175% in the last 20 years more than three times that of inflation, many students are forced to take out loans to finance their education. While loans may seem like a good solution to the problem, they have significant drawbacks that are hurting the future of our country. First and foremost, the loan system for college education in the United States is not sustainable. The total amount of student loan debt in the United States has surpassed $1.8 trillion according to NerdWallet, and it is growing at an alarming rate.
The outrageous increase in costs associated with attending post secondary education in America is responsible for why many students have become in debt by student loans. Until our country understands the statistics and all together becomes morally raged, this problem will not be addressed and more and more generations will be lost due to this “pandemic” of college
College is one of the most important and life changing times in the life of an American. Leaving high school behind and venturing out to the adult world is an amazing experience that every individual should experience. However, young adults from every corner of the country leave college with crippling debt or do not go to their preferred college of choice. College education should be cheaper as it will help families and students financially and give them the satisfaction with having the opportunity to go to their first choice for college.
There is many people that go to college, but because of the cost they don't get through college. The elevated costs of college cause not only students to struggle paying for college, but also to struggle financially paying for college when they are done. In many cases, after graduating, young adults who don’t find a job will become poorer, increasing the gap between the rich and the
There is an ample amount of information that leads people to believe that college is a great choice. In Source F, it is shown that, “Adults who graduated from a four-year college believe that, on average, they are earning $20,000 more a year as a result of having gotten that degree. Adults who did not attend college believe that, on average they are earning $20,000 a year less as a result.” Also, provided in Source F, “...55% say it [college] was very useful in helping them prepare for a job or career.” While these statistics are true, the negatives still outweigh the positives.
Tuition has increased by 112.5% for a four-year institution while income has remained the same making it difficult for students and parents not to apply for student loans. Addressing the student debt problem will require new tactics such as relief to existing borrowers as well as returning the American higher education system to a debt-free system. Student debt has reach approximately 1.2 trillion dollars; a very disturbing new reality for many students trying to obtain a higher education. Higher education once believed to be the gateway to the middle class can now be viewed as a “debt-for-diploma” system with a long-term financial impact, which also places limits on the economy. In order to accomplish this goal, the state and federal governments must provide new resources for funding higher
From the time we start our careers as students in school, we are told that in order to gains success in life we must attend college. That after high school, college is no doubt the next step we should be taking. Yet, for most students that are not wealthy this goal is almost unattainable. If the majority of students can’t afford tuition, then why is the tuition rate so high? Its certainly not an accident.
Students can't pay back loans for many years. Then, as a domino effect, there is more debt. Middle class parents , are caught in a tight web because they can afford college on paper but in reality, have no money left for retirement and receive no financial aid. The cost of college has escalated out of control and the cost of college grows faster than the rate of inflation. In order to cut the costs of my education, I plan to work part time and contribute some of my earnings to my education.
Society often believes college is a necessary experience for a better future, but I argue that the future will not be any better when student debt becomes a part of life for those who follow that mainstream belief. Most parents often dream of the great colleges and universities that their children will get accepted into; however, they fail to think of the cost to attend those institutions. Financial aids! Financial aids! Yes there are financial aids that students can apply to lessen the student debt.
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.