If you are unable to afford college, then you should get loans in order to get your degree. You can pay these loans back and still have a better life and more money compared to the person that did not go or dropped out of college. These are the reasons for why students should not drop out of college. They should not drop out of college because college is the way to get their careers so they will have more job opportunities. If they stay in college, they will have more stability in the future since they will have more money.
Did you know a lot of people spend way too much money for a lower education? People spend more money for classes they don’t even need and end up doing things they don’t want to do. They have also been removing classes from schools so they can learn. Money for college are also troubling. Money keeps getting higher and higher every year and a lot of students can’t afford it.
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.
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.
Growing up, for most people, going to college is not an option- its an expectation. In our society, going to college has become a fundamental part of our education, becoming an adult, and for most people just simply part of our lives. However, as people grow up and experience reality, the realization hits that college may not be as simple as once thought. As much as attending college is expected from the majority of young people, dropping out of college is not. Even with the idealization of the college experience, some students are forced to cut their education short due to a plethora of issues.
These studies have proved that college is not worth it in the long run. College graduates are beginning to have high expectations on their wages earned. New college students are losing ground on wages by the time they graduate. Many are working hard to earn a degree, going into debt, making sacrifices financially. But, the lack of wage growth is affecting them after college.
“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 most prominent conclusion of a study of the reward structure in schools is that a very high number of apathetic students is expected due to the lack of benefits from taking high school earnestly (Stull 5). College-bound or not college bound, money is a major concern for most students fresh out of high school. Directly after high school, the wages earned by graduates are not notably affected by the skills taught in high school (Stull 6). For these young adults, there is little to no benefit from paying attention; therefore, they see no need in paying attention or taking school seriously. While the disconnect between the curriculum taught in schools and the skills needed for the workforce directly after graduating high school is a major cause of school
College provides students with opportunities for higher paying jobs which can be extremely helpful. Recent studies show that “Not going to college will cost you about half a million dollars” (Leonhardt). Of course not going to college will eliminate debt, but it limits student’s available opportunities. College graduates end up finding higher paying jobs after graduations which ends up helping them earn more money overall. This pays debt faster and allows them to use the rest of their earnings on other things to satisfy their wants and luxuries.
Simply being able to attend college doesn’t guarantee success, as source C states that, “a good proportion (more than 40 percent) of those attending four-year colleges full time fail to graduate, even within six years.” This lack of success brings about underemployed college graduates with debt accrued during an unsuccessful venture. On the subject of underemployment, there are “more than 100,000 janitors with college degrees, and 16,000 degree-holding parking lot attendants,” leading some to believe that a college degree wouldn’t be worth the time. While underemployment does exist, it is not necessarily proof that college is a worthless endeavor. There are a multitude of reasons why college graduates would take a job that isn’t top tier, and there are still plenty of job opportunities for college graduates. Regardless of unspecific statistics regarding the employment of college graduates, those with a bachelor’s degree are certain to have more job opportunities and a higher chance of being employed according to source