Is college really worth the cost Is college worth the time and money. All parents want their kids to go to college. Parents want better for their kids. Parents do not realize how much college costs until it’s time for their child to go. Most parents find it hard to pay for college.
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. Money is the basis of living , even people with lower income degrees could support themselves before the cost of tuition went up drastically.
Today many four year colleges and universities have become so expensive to attend that many prospective students are opting for the more affordable alternative of a community college for their first two years of study where they can save money by living at home and taking classes that will transfer to a four year institution, however, there are students that cannot afford the lower cost of community colleges. Though community college tuition is not paid for through taxes or by some other means, if it was it would allow for all students wanting to
College is not cheap, a hefty fee is often payed by those who want to attend, often out of their own wallets. It is no secret that funding a college education is getting harder and harder. Thus begs the question, is the charge of Universities becoming too high? Yes, college costs have skyrocketed over the past decade (citation). Being capable of going off to a university to acquire an education is slipping for countless people due to the rising costs.
College costs are skyrocketing, and at the same time we have students wanting to learn and become educated in order to contribute their knowledge to society. The student loan debt crisis is weighing upon us, so we need to reform the system. If I had the power to make a change, I would cut the costs of college education and lower student debt by a reformed banking system. One of the major causes of the student loan debt crisis is high interest rates for student loans. Too many banks offer loans and do not think how these students are going to pay back the money.
The increasing rate in which students are dropping out of college is alarming, because it will affect our society in the long term, as the students of today are the employees of tomorrow. Governments need to address this issue, because everyone’s future lies in the hands of teenagers. They need to find a solution to the increased prices in colleges relative to people’s earnings. Years ago, attending college may have been only for the people who were well off, but today having a bachelors degree holds the same value as a high school certificate did years ago. Teenagers’ aswell need to understand that attaining a bachelor’s degree is key for getting a well-paid job later on.
Have you ever owed someone $20? Well, imagine owing someone $100,000+ . Many students every year are left in crippling debt that can affect them for the next few decades of their life. Because of the cost of college, many students fresh out of high school can’t go to college. In order to make it easier for the lower-class to go to college, you should do at least one of the following things.
Taking college credit during high school will save many people money and time in college. Choosing to take the challenging classes will keep seniors focused. Quote As previously stated seniors can get nervous for the upcoming year with college ahead. A quote from Cyr(2015) says, a person might feel comfortable where they are at in life, but if he or she doesn’t step out of the comfort zone, he or she may never know what is out in the world (Cyr, 2015). Getting ready and prepared for college is stepping out of a comfort zone.
Every semester, there are an abundant number of students who apply for Pell Grant to assist them with the costs of college. Sometimes, students will not meet the financial criteria because their parent’s income is a bit too high or because of other financial factors that they will not qualify. Thus, it puts a student in a situation where they will take out student loans, that they’ll be paying for many years. Clearly, the result of being someone who has not committed a crime and works to pay for their own education, is the one that pays the ultimate price. Yet, congress wants to financially grant prison inmates a free education, while exemplary citizens are denied.
However, college tuition is not very affordable and is increasing every year. A free college tuition is definitely necessary for students because some are paying for college themselves, the college workload is stressful enough, and scholarships, grants, and financial aid doesn’t cover all costs. College tuition should be free because it would create positive changes for people attending college, universities, and the economy. First, most students are paying for their own tuition themselves because either they want to be independent and do so, or because their parents have made that decision for them. According to Newberry, the average cost a year of undergraduate studies at a private university now tops $21,000.
According to Anya Kamenetz in the article “Generation Debt,” young people of today are struggling with high debt due to high educational finances and this is preventing them to move on as responsible adults. College tuitions are too high to pay that young people fall into applying for student loans, and have significant credit card debt with high balances. Most students are using their credit cards to pay for their college expenses and student loans; even their paychecks are being used to pay for college. I agree that many young people held back in becoming a full adult which they are doing everything they can just to continue their education. Even if it means to continue living at home with parents just to make ends meets and not being able to step in the “fully adulthood.” In other words they, are prolonging their adulthood just to be able to go to college and be able to fully
In today’s society we regularly hear about the high tuition universities and colleges are demanding. In the span of one generation, how is it that graduating students are still unemployed? Could they be unknowingly causing a plummet and stagnating the economy? Tuition for both public and private colleges has tripled in the last four decades. We are living in an era where families are paying as much as six figures for their children’s higher education.
Is College To Expensive? The dreams of numerous college students are being crushed before they even step through the doors of their dream university. Imagine being accepted only to see the price tag for four years at the school is a quarter of a million dollars that’s enough to make the most ambitious people stop and think. It’s way too expensive! College that is, families of all sizes are reconsidering where they send their children.
Various authors today are still writing about the ongoing issue of poverty and the ways to climb out of it. Brink Lindsey, the Cato Institute 's vice president for research, writes about not only the importance of a college degree, but also the financial strain it has on the families funding it. Brink Lindsey, has written that the income of college graduates has risen from below 50% in 1980 to 85% in 2008, and those without an education are barely able to attain a menial income, insufficient of their needs. “Tuition costs have galloped far ahead of inflation, while many in the working class have seen their incomes stagnate or slip” (Lindsey). “A lack of money is the
Going to college can change a person 's life: it helps them learn what they want to do and helps them get a job to be successful. The problem with college is that is keeps getting more and more expensive, it is currently more expensive than it has ever been. Because of this some families can’t afford to send their student to college, or some can’t afford to send all of their kids to college. Low class and middle class have a tough time paying for college. The middle class may have a slightly tougher time though.