Try to imagine America twenty years from now. The streets are full of homeless people begging for money, as they do not have jobs, because they could not afford higher education. Diseases spread all over the country, because the cure is trapped in the mind of someone who cannot afford higher education. The economy is at an all-time low, because the people who went to college are living in debt, and offer no spending capacity. “Tuition is raising faster than the rate of inflation” (Watson). “Over the last 30 years, tuition has increased 1,120 percent […]” (Watson). As in 2012, there is approximately between $900 billion and $1 trillion Dollars student debt in total (“Student Loan Debt Statistic”). The U.S needs a feasible solution for every student, so college is not expensive. Luckily, there is a way to reduce student loans, and offer higher education to more people. The ferderal government has to take the tuition payment over, to enable higher education for more people. The tuition payment should be payed through taxes, so college students do not have to pay for their education at the moment of their studies. Basically, the working generations pays the education for the following. Consequently, once finished with college, graduates are going to pay the education for the next college students, and so forth. In order to solve the problem of high tuition, opponents of the abolishement of tuition for students tried to devise other solutions. Some colleges started offering
Student loans pose as a suitable way out of this issue as it provides a pathway for those of lower- or middle-class to pursue further education; however, this puts the individual in serious financial debt. The author effectively suggests that since the individuals who choose to pursue higher education will ultimately use that knowledge to help their society then society should realize the value of education and fund any associated costs. Everyone should have fair financial access to post-secondary education so that it is not deemed a “luxury good”. All individuals ultimately have the same cognitive competencies therefore one individual should not be restricted to certain “lower class” profession solely due to financial
College Debts And Their Effects On Future Generations Student debt is destroying what past generations have worked so hard in creating, a functional world. Colleges and universities have been around for quite some time now and have been a key piece in the puzzle of preparing students for success in the real world and unveiling what it has in store for them. Although these educational institutions have done much good to our communities and societies, there is a side of it that has limited our growth as a species and punished those who want to succeed.
The outrageous increase in costs associated with attending post secondary education in America is responsible for why many students have become in debt by student loans. Until our country understands the statistics and all together becomes morally raged, this problem will not be addressed and more and more generations will be lost due to this “pandemic” of college
Education is widely regarded as a key factor in the economic and social development of a country. With the extremely rapid development of the society, in order to enhance their competitiveness, increasing young people choose to accept higher education. Yet, there are different attitudes about whether students should pay or not. Some people regard education as a basic right, which should therefore be provided free, while others think the individual student should have to shoulder some of the costs of his or her education. According to Matt Bruenig’s Dissent article “The Case Against Free College: Free college is paid for by the working class people who don 't attend”, Bruenig against the free college because it seems more fair and benefit to
Student loan debt has become a vast problem in today's society. More than forty million people have student debts, and make up approximately $1.3 million of debt in the United States (Knebel). People are delaying major life events in order to pay off these loans. To remedy this, the government should make it possible for people to revise their student loans to fit their salary or implement an income-contingency plan.
In the last fifty years the world has gone under many changes but one that is really shocking is the escalating prices of colleges. Since 1985, the price tag in American colleges and universities has
Korff states that by the federal government paying back our loans, the universities will just raise tuition once again, and we will find ourselves in the same situation once again. Korff continues, Universities know that most students can’t afford college. But they also know that the government will help pay for what students can’t afford. Korff argues that eliminating all student debt for one generation is not a permanent solution, and the consequences could be severe for generations to come. When it comes to persuading his classmates, Korff succeeds admirably.
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.
Some college students are working part-time jobs and are full-time students. Perhaps, working through college will not always cover all of a student's education expenses including books, supplies, room and board. If free tuition is given, students will have further time to educate themselves. Moreover, college tuition and prices are at an all-time high. Each year, prices are rising higher and higher.
The Freshman 15 is a thought that crosses the minds of most future college students, but most say that it won’t happen to them. This fear of losing a toned body after graduating high school bothers some more than others. They realize after high school there are no longer athletics, and they’ll no longer be exercising regularly. Also, when they depart from their parents house and begin to live on their own their eating habits change.
Loans allow receiving a college education seem like a smoother process considering that such a hefty amount to pay is divided so that it can be paid for in moderation. Despite the fact that it’s split into many payments, it’s still a large quantity all in all so unless indebted students aim for high income jobs, there would many years of difficulty to come after college. For this reason, undergraduates make it their goal to go after jobs which would prevent them from being constantly pressured to pay off debt. Thus, student debt is both a crisis and a reason to encourage persistence towards greater ambitions (Hillman, 41). It is a tremendous thing when a student seeks to be financially comfortable or even rich in the future but not when it is for the wrong reasons.
Nelson Mandela once said, “Education is the most powerful weapon which you can use to change the world (“Education Quotes”).” A strong education is key, especially to the students in schools right now, preparing to enter the workforce. There has been much debate about whether or not year-round schools should be used more in the United States. Year-round schools have a total of 180 days of instruction, but instead of a long 2-3 month break for summer, the students get about a month off and the rest of the days a distributed throughout the calendar. Some common calendar types for year round schools are 60/20 which is 60 days of instruction and 20 days of break and the 45/15 which is 45 days of instruction and 15 days of break (“Year-Round Education
The graduates will hence be competing for the few available jobs which will lead to lower salary and low productivity. Lastly, free college schooling will encourage laziness as the youth will feel that they do not have to apply effort to get a higher education. The federal government, therefore, needs to rethink this strategy and instead work on lowering tuition costs for the underprivileged in the
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.
In recent years, the number of people who have been attending university greatly increased, consequently, arguments have continued as to whether students should pay for this prerogative or not. With no doubts, everything has its two sides and the problem of whether the university fees should be paid by taxpayers or not is not an exception. Still, there are people who believe that authorities should take the responsibility for funding the university fees. However, others disagree and opine that it is solely the responsibility of students to pay for their higher education that is in a direct connection to their prospering future career and life in general. In this way, it is important to review both sides of this controversial question.