Essay On Income Inequality

Parents and teachers in highschool make it seem like the only way to get a good job and make a living is to go to college and get a degree. In the past this might have been true and that the only way to have a solid future. College education is not worth the cost because it can be vastly expensive, create a large amount of debt, and leave the person unprepared for the job. College today can create lots of debt for the student even years after they graduate from college. Although people may argue that a person can take care of the debt faster the person may not have the ability to do so.

Imagine going to a university and attending for four years and getting a bachelor’s degree in education. Then, after you graduate, you get a job at a local school, and get a new house. You then start getting your paychecks and realize you can barely afford the bills nor pay off your loans. You have no choice and need to get two, maybe even three jobs to make ends meet. You also begin to realize that people who did not even attend college, make more money than you.

“Just nine percent of students from the lowest income quartile graduate with a bachelor 's degree by age twenty four, compared to seventy seven percent for the top income quartile” (Feldman n.pg.). College is becoming unrealistic for several students across America because of the outrageous prices that continue to increase. While some people believe college is a reasonable price due to the fact that it is a necessary piece of qualifying for higher paying jobs, it is unfair. As a matter of fact, wealthy students are now being offered a wider range of opportunities than others, not on the grounds that they have increased knowledge, but because their parents have additional money. All students have the right to an education with persistent work,

High Schoolers who don’t go into college after high school end up being unemployed by 14% of the age range from 20 to 29, while college graduates are only at 5.8% (Rampell, Catherine.). As well, even if they don’t get their intended position with their degree they still make on average 82% more than their high school counterparts in that section of the job field. Which is a great thing for the college graduates, if they put the money they still can get a return. This gives the ones who can’t afford it a chance at least. And with the help of subsidies, from state governments that go to the school, they can boost the pay of college graduates with a four year degree and even those who don’t have a degree at all (Rampell, Catherine.).

Lowering the cost of community colleges will undoubtedly lessen the amount of student dropouts and help all students who attend. As Alina Tugend (2016) states in an article, “With average annual tuition of $3,430, the association said, community colleges are about one-third the cost of in-state tuition at a public four-year university. Still, money can be one major reason community college students drop out.” Though the cost of community college is significantly less than most

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.

Minimum wage helpful or disastrous for Americans Did you know that millions of minimum wage workers cannot make enough money to be over or at the poverty line level and are actually a lot more below it instead? There have been many issues on the topic of increasing the minimum wage from ten to fifteen dollars because it can cause inexperienced workers having a tough time getting or looking for jobs, families not being able to live on the minimum wage the way it stands now, and businesses not being able to create more jobs to hire more workers. For instance, an author named David Neumark believes that the effects of the minimum wage have a major issue that increasing minimum wage can reduce the numbers of jobs and pretty much screw over workers

From kindergarten to beyond high school, a majority of adults push students to go to college. The pressure grows for teens. High school students are expected to know what they want to do by their senior year. Today it seems as if college is a teenager or a student’s only option, but they might spend the rest of their lives paying off student debt. There is no doubt that college tuition today is substantially higher than ever before, making future students think twice about whether college is right for them.

This can improve their employment potential as more jobs continue to require postsecondary education. A research report from Georgetown University said “By 2020, 65 percent of all jobs in the economy will require postsecondary education and training beyond high school (citation).” Even the relatively low cost of community college can discourage potential students who are devoid of time and money. Unfortunately, many prospective students cannot receive financial aid despite being too poor to attend

This article explains the factors of college being worth the money in the end. The authors explain that not everybody is made for college or some people just can’t afford it. Studies show that middle class high school students that attend college after graduation make significantly more money than students that do not attend. They keep expressing the word “education” as if it is the number one necessity in everyone’s life. Everyone wants to go to college, but most of the time, people cannot afford it.

In this article by Sean Mcelwee(2014) he talks about why income inequality is the toughest issue America will face in the next few decades. In the article, Why income inequality is America’s biggest (and most difficult) problem, Mcelwee(2014) believes that after the studies he has seen, the most effective way to solve the policy issue of income inequality is by higher taxes on income and wealth. However, the rich would never buy into this solution, because it would take more of their wealth, when the wealthy are trying to maximize their money returns. Mcelwee (2014) also talks about how when a family is wealthy, money tends to stay in the family for 10-15 generations, which is also true for families with lower incomes as stated here by

College takes around 4 years for most, sometimes more, and those years could be years of making money. Years spent in college could be years spent racking up debt for a future that will never exist. A multitude of college graduates don’t actually have a career in the field that they majored in, but still end up in service jobs. Consequently, 57% of 18 to 34 year olds who are not in school and don’t have a bachelor 's degree say they prefer to work and make money rather than go to school (Source F). These high school graduates do not desire to collect debt during their prime working years and would rather find work using their hands.

Argumentative Essay Every year in the spring time high school graduates are standing around deciding whether or not they are going to take the next step in their lives, whether or not they are going to go to college. Many people believe that college is not worth it, I disagree. College education is worth the expense of tuition. Even though you could have student loans that you will have to pay back after college, it will be worth it in the long run. After you have finished paying off your student debt because of your college classes and education that you obtained, you will be left with more job opportunities.

In this day in age, people with children are starting to go back to college to get a better themselves, but most dropout because they have young children that needs a tremendous amount of attention and on top of working, school is just another thing holding them back from what’s really important. The issue with being a full-time student, worker, and parent is that a student may not have a suitable baby sitter to watch their child, which can have a huge issue that can make a student dropout. As stated in an article in the US News "Being a parent substantially increases the likelihood of leaving college with no degree, with 53% of parents vs. 31% of non-parents having left with no degree after six

The distribution of incomes and wealth in the 1920s and now are diverse but similar in several ways (Ucsc.edu). A person’s wealth is determined by what they own, not including any debts. A person’s income is how much money one may make on a job or money someone obtain. Income inequality is real and has affected people for many years, and it is still occurring currently. The distribution of wealth in the 1920s earned the name roaring twenties due to the sustained prosperity, new technology advancements, and exciting culture (Shmoop.com).