Too many banks offer loans and do not think how these students are going to pay back the money. 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.
“(Source B) which can create many opportunities for you rather than for someone who may not of graduated from college. When it comes to getting a job every advantage you can get makes a big difference and that is why college is worth the cost. In this ever-changing economy, many people are in danger of becoming unemployed and don’t know what the future of their career holds. Statistics have shown that college graduates are less likely to become unemployed than those who are not. Source D states that “College graduates are also far less likely to be unemployed than non-graduates.” This gives proof the statement that getting a college degree will give you better stability in the
Therefore, people that have degrees have a higher chance of finding exceptional occupations, also people bring in a great deal. “The earnings of those with less than a high school diploma decreased $5,200 during this period, while the earnings of those with a bachelor’s or higher degree increased $2,700” (Bellenir 56). It 's just a better decision to attend college, and earn a degree. It 's just a few years of school and it could help people earn a great deal of money in the long run. Studies show that in the year 1980 people with a bachelor 's degree or higher made 19 percent more than just high school graduates.
You will be able to earn a lot more money than those with only a high school degree. You will have better health because of college. There are multiple bonuses of going to college, like having a chance to get a better job, family bonuses and more money. There are multiple ways college can impact your career choice. College will help you find a job easier.
The personal growth of individuals improves their capability later in their life. College is identical to an engine. Students use the engine as a start for their career. While there are jobs offered to high school graduates that can make themselves feel more happy for earning some money (Crawford), college has a precious value because college “help students to discover what they love to do, to [improve] at it, and to develop the ability to continue learning [and] they become the agents of change” (Roth). Graduating college, students can increase the quality and potential of their future career and life.
The data make clear that getting a college education is still a good idea—college graduates earn more, and are more likely to have a job in the first place. Having a college degree often provides for greater promotion opportunity. “People with a college level education are generally the ones that get the promotions and the opportunities that just are not available to those without a college degree.” Having a college degree and the skill set that comes with it oftentimes
The rising cost of college has three main effects; debt through student loans, less people attending college, and an increasing number of college graduates moving back home. Raising tuition year after year will cause a drop in applicants and affect current students’ retention rates. That is because tuition is already at an all-time high, making it harder for underfunded students to even think about entering higher education. Overtime students have grown increasingly frustrated with tuition rates. That is because in the past 20 years, "tuition increased twice as fast as the overall cost of living”
Without successful graduation rates, there wouldn’t be opportunity for growth in the country. College matters because the future of our country depends on the scholars all colleges produce. Although college isn’t meant for a lot of people, its still a great opportunity for students to open their minds to new ideas and possibilities. College offers strong community connections so as going to church and helping out more, it offers better wages as in getting better paying jobs, and can make a person feel accomplished/satisfied by knowing that they graduated and have a
Many middle-class students find themselves in a predicament when filling up those financial aid forms before enrolling in the college. Many times, their families have the paradoxical problem of having a high net income for qualifying for financial aid, but still do not have enough to pay for fees out of their pocket. Students are then forced to depend on academic scholarships and loans which getting them is extremely hard and competitive and often aren’t enough to pay for the entirety of a tuition bill. A college education is an essential in today’s economy and unfortunately, it is more difficult than ever to obtain a degree. The financial barriers for students and their families are an alarming trend that can only be reversed through a government
They have achieved most people's life goal: being rich and not worrying about money. People who have college diploma are more likely to be financially stable compared to people who only have high school diploma(U.S. Census Bureau, 2000). Due to this fact, people go to college for the better career opportunity in order to make lots of money and be successful in the