Colleges should be more affordable We all have heard the saying “money can’t buy happiness.” This is true to a certain extent, Many people don’t have enough money to go college for jobs of their interest causing them to live unhappily and not make as much money. “Without a decent job with decent pay, people will fall into poverty. This is mostly has to do with financial situations. Tons of people aren't able to afford to go to college and get the practice they need. Colleges should be more affordable instead of over charging. By 2000 college tuitions had risen to $119,600 and today it's just over $200,000. Lots of full time, low wage workers are forced to rely on federal nutrition assistance programs to …show more content…
They say many successful people never graduated from college and that many jobs, do not require college degrees. This is why they should lower their costs. Michael Lemons says” most people don't go to college because they cant afford it some colleges should be more affordable for people to attend to.” with colleges being more affordable people. Even though the government makes a lot of money from college if we had more education we would be able to solve a lot of world wide problems. The nation's financial aid system currently fails to provide an equal opportunity to everyone qualified. with high amounts of student loan debts has been shown to reduce a person's chances of owning a home, getting married, having children, and accumulating wealth. The earnings for a full time minimum wage worker is $15,080 at the federal minimum wage of $7.25. Full-time work means working 2,080 hours each year, which is 40 hours each week. A better educated population could result in smarter decision making at every level of society, which could lead to
“Poverty must not be a bar to learning and learning must be an escape from poverty” this was said by Lyndon B Johnson in 1964 and the problem he was addressing back then, has grown and become far larger and more destructive. The average Canadian student acquires 27,000$ of debt trying to earn what in our society today is necessary, to live a safe, happy and fulfilling life. Without higher education you are not likely to be able to do what you want with your life. Within the last two decades university prices have doubled and along with it so have interest rates. This enforces and maintains the trend of the rich staying rich and the poor staying poor; because of the high price less wealthy people are unlikely to be able to afford university and get a good job.
Studying at university is an expensive investment. Tuition fees have a disincentive effect on the students who from the lower and middle-income families. As Bruenig states the statistice of the college students from the poor and rich families “ At age nineteen, only around 20 percent of children from the poorest 2 percent of families in the country attend college. For the richest 2 percent of families, the same number is around 90 percent. ” Also, most of those students want to achieve better lives so they attend the higher education.
Paying for college is a lot. You need to know about students loans and how they work, unless you are able to pay for it without loans. Most students who end up using student loans do not know how it actually works. The total amount of student loans that are still being paid is slowly inching up to reach 1.2 trillion dollars. In the article written by Ron Lieber, Payback is game created to inform and give an idea to students about different things that they will be paying for in college.
Why College isn 't Worth the Cost When you grow up, you get pressured into believing that college is the only way to succeed. However,there are other options unless you want to waste your time and money on something that you 're not so sure about in the future. College is not worth the money you’re supposed to pay for. College isn’t worth the cost because many students do not complete college, College is expensive and there is no time for a job, you can achieve your goals without college With the right mindset and motivation, you can achieve any of your goals without going the complicated way.
Families with low income may find it difficult to afford to pay for higher education because a large percentage of their income is going towards paying for it. According to Christiana Datubo-Brown, lead author of the report and research associate for SREB’s education data services, ‘“Families who earned less than $30,000 a year — categorized as the lowest income bracket — had to pay approximately 19% to 46% of their annual income to be able to afford a year of enrollment at public four-year research university in 2017-2018”’ (diverseeducation.com). This reveals how as much as almost half of a low-income family’s income goes towards paying for a student’s education. With the rest of what they have left, they still need to afford housing, food, clothes, and other essentials. The inability to afford a student’s education prevents students from applying to higher-cost institutions.
The total U.S. student loan debt now surpasses $1.2 trillion and there is more than 40 million recipients owing on federal and private student loans (Malone). Most of the college students in the United States can’t afford their education by themselves and, as a result, students end up drowning in student loans in order to earn a degree. Student debt is a major problem in the US, and it is a major influence on the gap between rich and poor. A more accessible college education would help reduce the gap between rich and poor in the United States.
The average cost of college is $25,707 per year or $102,828 over 4 years (Hanson, 2022). That is equivalent to the income of working as an electrician or truck driver for one year! (John and Sam, 2023). College students are spending the same money to go to school just to learn how to be able to make that much money per year. Does paying that much for college really make that much sense?
After WWII, college education was seen in a new light due to the passing of the GI Bill of Rights Readjustment Act of 1944. That act “provided veterans of WWII college education, unemployment insurance, and housing” (“Servicemen’s Readjustment Act”). Because of the government funding for students in college, the “percent of Americans with bachelor degrees…, rose from 4.6 percent in 1945 to 25 percent a half-century later” (“Servicemen’s Readjustment Act”). Along with those benefits came court cases such as Brown vs. Board of Education on May 17th, 1954. This case was about segregation in public schools in which African Americans were taught separately from whites with the same school materials.
For those who have graduated from high school and will continue with their higher education, many if not all of these students will have to pay out of pocket for college. Most of students think that if they graduate from college or a four-year university they will have a chance to work in the professional field rather than work for minimum wage. It is an opportunity for anyone, particularly those who have low wages, to earn a degree and make more money. In the article “Expanding Community College Access” from The New York Times, President Obama states that tuition for community college should be free, because the American workforce is not educated enough for the global and national workplace. The presiding evidence and statements from experts
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.
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.
Yet the amounts of financial aid they receive are generally never enough for most students, and they continue to carry the debt for most of their miserable life. The ideal adult working life that most people desire is probably the one where they work hard to
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.
Student’s Name Professor’s Name Course Date Why College Tuition Should not be Free Introduction Education is a major driving force for a country’s economic, social and political development. Every youth desire to attain a college degree as it offers many opportunities to the graduates. Higher education is however very expensive and hence reserved for the privileged families. Making college education free would however not be the ultimate solution.
Did you know that Forty-one percent of four-year college students did not graduate within six years? College students around the country are in insane amount of debts and have no way to get rid of it and that’s a reason many do not graduate. Due to the rise in costs to attend college there has been discussions about free education, but how the debt could have been minimized and the effects on economy have not been brought up. College education should not be offered for free to all students because of the missed opportunities and unintended costs of free education are very expensive. Students don’t take advantage of the opportunities they are provided in high school, like dual-enrollment, that could save them time and money in college.