The tuition and cost of college is detrimental to thousands of families across the country and brings student debt to future graduates. Some students have seen their debt climb over $30,000. Friedman writes, “The average student in the Class of 2016 has $37,172 in student loan debt…” (Friedman). With the debts being over the average income for single people households, college has transformed from a benefit to a burden. Young adults not only have to worry about their education but also paying for the next semester or years of college ahead of them.
The first major issue with the current state of college tuition is that it is just too expensive for a large portion of the american population. According to David Leonhardt in his article titled “The Assault on Colleges - and the American Dreams,” the average college student isn’t fresh out of college “The typical college student is also not fresh out of high school. A quarter of undergraduates are older than 25, and about the same number are single parents. These students work
In the article “why college isn’t(And shouldn’t have to be) for everyone” by Robert Rich, Paragraph 6 “ a degree from a prestigious can open down to elite business schools and law schools - and to jobs paying hundreds of thousands, if not millions, a year” This shows that you have to pays lot’s of money just to enter college and sometimes it’s too much and won’t be able to pay of the debt in your
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.
College itself is expensive. The way universities continue to make money is by creating a ripple affect. In Williams essay he states “at 46 and fifteen years out of my grad school I still owe around 9,000….” Williams is one of many people who are facing college debt. When deciding to attend a university you are making a commitment to paying back a certain amount each month for numerous years after you receive your degree. During those years more responsibilities come into your everyday life.
It is said that a well-educated workforce is a key to state prosperity and that college is considered the great equalizer, but rising school costs and crushing debt for students in the United States are beginning to take their toll. Community college enrollment has been on the decline for many years, and the trend may not reverse anytime soon (citation), yet steps to encourage college attendance are already being taken. Free community college for responsible students over the span of two years has already been proposed by former President Barack Obama (citation), while states such as Tennessee, Oregon, and Minnesota are offering some form of free college. Free community college is a very controversial subject with many opposing viewpoints, but the advantages of free education, such as an increased number of educated individuals, less student debt, and more educational freedom, could outweigh the potential disadvantages.
Did you know to go to college at a public in state college is around $78,000 for four years? I think the world need to lower college prices because you need a college education for most good jobs, so poor students that are bright can still go to college, and so you can pay off enormous debt after you get out of college. I believe all kids need an education after high school. Most jobs require some kind of degree. If you want a house and a car after you go to college and don’t want any more debt you need to have a good job to get you through life.
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.
National Center for Education Statistics says, “An average student who comes to a new state from another state can expect to pay around $28,400 in tuition, fees, books and supplies for an academic year. Adding in an off-campus apartment and other expenses brings that to around $47,500.”(Should College Athletes Be Paid?) Attending college is a huge financial decision for most of the attending students. Though, if you are an athlete this is not the case, the scholarship you receive from the coach will relieve the stress that is put on other students. College athletes are not receiving a physical paycheck; instead they are receiving a scholarship that is worth much
The first example is, some Americans who attend college believe that since the price of going to college is so high, it “fails to provide students with good value for the money they and their families spend.” (Pew Research Center). If the student can learn to manage their time, they can get a job and attend college at the same time so that they are able to provide for their families. The second example is, most adults who graduated from college believe that they are “earning $20,000 more a year” which helps them be able to have stability in their financial situations. (Pew Research Center) With making that much more money than non-graduates, they are able to pay their bills, their student loans, provide for their families, and even have some extra. The third example is, some full-time workers with a college degree make “40 percent more” than the people who only have a high-school diploma.
You now have skyrocketing tuition costs and loans. Totally wrong and unfair. As an example: Yale 's endowment is now $23.9 billion as of June 30, 2014, net of spending. The University benefited from investment gains of approximately $4.0 billion. Yet how many students will be able to EVER pay back their loans that go there.
In conclusion, college athletes should be paid because they bring in a ton of revenue for their schools while risking injury and yet are unable to afford the cost of living. The time that is put into the sport is the equivalent, if not more, than the time that is put into a full time job. Only thirty-three percent of students receive scholarships, most of them partial. Also, only one percent of all college athletes will play professional sports after their college tenure is served. The NCAA and Division One Colleges generate profits that do not trickle down to the athletes.
Student Loans make create more pressure for the scholar and their family. Student borrowing student loans do not have enough to pay off the debt plus tuition. In state tuition and out of state tuition make a great impact because student who want to go out of state to study in a major, they will have to pay more. For Example, Kennen Estela and López, Estela, writers of “The Financial Needs of Community College Students” writes, “In 2006-07, average tuition at a community college was $2,361. This represents only 38 percent of the cost of the average tuition at a four-year public university ($6,185)… Financial aid poticies at the institutional, state and federal level have failed to acknowledge the need to support transfer students and increase the participation rates for students from lower-income families…” This exemplifies, student and their families are at higher risk of deriving loan and repaying them off, especially lower- income families.