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.
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. However, when having a job may help with college debt it is also important to recognize that it does not help entirely when work starts to become more of a priority over school.
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.
According to Joe Nocera of the New York Times, if college athletes were paid there might be a less likely chance of scandals like the one at Miami University. I agree with the statement that Joe Nocera made because the Miami University scandal was a booster at the university giving athletes money so they could buy stuff during college, it probably would not have completely avoided the subject because the players thought they deserved expensive things because they were bringing in lots of money for the university for their success. Finally, players should get paid for the money they make for their school and the NCAA, but there is also some reasons why they shouldn’t get
Furthermore, student-athletes received stipends as an allowance assist with their livelihood. When student-athletes received full scholarships, they should be privileged and thankful since the cost of higher education is very expensive. Student-athletes need to understand the circumstances and take of advantage of getting their degree from a well renowned university since the percentages are very slim to none on having a professional career in sports. The purpose of a student-athlete is to be a student first and then an athlete second. The main focus should be on earning a degree, and not worrying about when is the next game on the schedule.
According to the TNCC 's Graduation Transfer Retention report, only 15.7 percent of students were able to complete their degree in 2012. This statistic is appalling because the students are working hard in their classes, paying the college 's financial gills, and hoping to get their degree. Some of student cannot graduate. I am attending Thomas Nelson Community College, and I hope to earn my degree within two years. Although college is difficult, I will be successful by seeking advice from experts and developing some effective study strategies.
In Source A it states, “In 2013, a group of researchers from the University of Michigan found that while top-ranked schools have an incentive to spend money on academics to attract smart students, everyone else is better off focusing on what they called “college as a country club.” The study said country club amenities differentiate less-selective campuses for prospective students who care more about the “resort” experience of college.”. This shows that the top ranked colleges spend their money on academics and to attract smart students, while others are focusing on making college seem like a resort. Colleges that are spending money to make college seem like a “country club” are practically stealing money from students, and they don’t realize that because they are focused on the fun part of college instead of the academic part of college. Moreover, in Source B it states, “The American workforce has some of the weakest mathematical and problem-solving skills in the developed world. In a recent survey by the Organization for Economic Cooperation and Development, a global policy organization, adults in the United States scored far below average and better than only two of 12 other developed comparison countries, Italy and Spain.
When they go to start the path of finding a career, they find instead piles of debt from their education. So many student borrowers are falling further and further behind in their payments, postponing purchases of cars and places to live, or putting their social lives on a shelve. Jason Delisle, who wrote the New America paper, “blames skyrocketing graduate school debt on changes to federal loan programs that essentially allow grad students unlimited borrowing. The more students can borrow, the more schools can charge.” Americans almost universally believe that a college degree is the key to success and getting ahead—and the data shows that, generally speaking, college graduates still fare far better financially than those with just a high school diploma. But for those who are saddled
One of the reasons i believe that college isn’t worth it is because of student loans and debt. Between 2003 and 2012 the number of 25 year olds with student debt increased from 25% to 43% and their average loan balance was 20,326. While some thrive in college, some fail due to stress to succeed while trying to figure out how to pay for their college education. Student debt has surpassed the trillion dollar line and more than 850,000 student loans were in default.
Max Lewontin writer for Christian Science Monitor discusses this topic in his article, How the Presidential Candidates Would Tackle Student Debt. “Student debt has exceeded credit card debt and impacts about 43 million Americans, sparking a variety of efforts to aid students struggling to afford college (Max Lewontin).” That debt weighs
In the first place, college being free would help the students effectively. Students who go to college today have up to three jobs to pay, payments on their tuition. If they focused on their studies they wouldn’t be so tired and would put in a great amount of effort into the classes they take. According to The New York Times ( http://www.nytimes.com/) stated that 65% of the students accutley go to college. The problem is that 30% of student that have parents helping to pay for college drop out as 60% of students that don’t have family support in help paying dropout within the second year of college.
Another major problem for college students is money. A study has been done in “Ohio University states that seven out of ten college students in the United States, are worried about their Financial” (Sonawane). According to the International Business Time they did a study that the “National Student Financial Wellness showed that about 60% of college students were stressed out because they don 't have enough money to pay for studies another forty percent were worried about having not enough money to pay for expense and students abandon their studies because of debt”(Sonawane). Another problem for college students is getting a job. People that are just getting out of college usually have to get jobs most of them already have jobs but they might need more money so they would have to get two or three jobs.
But perhaps the greatest opportunity education can do is help get people out of poverty. Unemployment and poverty go hand in hand with each other. As a result if more people get hired then the population’s poverty rate will also go down(Cleveland). Currently ⅔ college students end up leaving college because they can’t afford to continue their education(Clark). If America wants to decrease the poverty rate perhaps the first step is making community college free.
In today’s worldwide economy, there is a high demand for the best-educated post-graduate students in our industry. Hundreds of thousands of intellectually savvy students cannot afford to go to college, and those that can leave school with a colossal debt that haunts them for years after. As stated by presidential candidate Sanders, “That shortsighted path to the future must end. I will fight to make sure that every American who studies hard in school can go to college regardless of how much money their parents make and without going deeply into debt. This isn’t a radical idea.” We see worldwide that this burden of debt has hindered society for too long.
Falling into the Economic hole. “College is part of the American Dream, It shouldn’t be part of a financial nightmare for families” – Barbara Mikuski Part of the American Dream is to go to college and get a degree in order to better your family situation. What we fail to notice is that obtaining the American Dream is getting harder by the minute. It is hard to convey a message of prosperity when college tuition just seems to be going through the roof as they year goes by. Financial aid seems to be getting harder to obtain or the scholarships and grants keep on declining.