As the school year comes to a close and the only thing on a senior’s mind is how are they going to pay for college? Throughout our high school careers we always get asked what our plans are after high school and never how are you going to pay for that next step of your life after high school. We barely get prepared for the real world in high school we are forced to take classes the school thinks will be good for us not what we think or what will be best for what we want to study for in college. How are high schoolers supposed to be able to pay for college when they don’t get prepared enough in high school to go on to that next level of schooling and have to more than likely go into debt just to be able to pay for it. Colleges should no longer cost an insane amount of money to go there. With K-12 education free wouldn’t it make sense for college to be free? We have made …show more content…
The older generations got taught how to save money and how to live a college life that would make them get through college with a little less debt. Now if we give them free college they won’t know how debts work and how to coop with them. College debt can teach the younger generation how to save their money and spend it wisely instead of just spending it on the newest video game console that just came out etc. To bring this to a personal level my parents told me once I got a job that I need to start saving most of the money I earned for college since they didn’t want me to have as much debt as they did coming out of college (they are still paying it today). If they didn’t tell me that I might have just went off and spent it all on objects that I didn’t need and also now I know to save money even after college for things like a new car or house once I get to that stage in my life. Going into debt in college helps build a good mind set for after college about how to spend/save
College tuition The cost of going to college is getting ridiculous. If a student were to apply to an out of state public college in 1997 they would be paying on average $8,840; now at the same out of state public school they would be paying around $26,010. Are we expecting people who have little money to stop their education even if they want to keep going or be in a huge amount of debt? If colleges were tuition free or had minimized costs the economy would be better or could improve and so would the lives of millions of people.
A reason why college shouldn’t be free is because the school would need money for bills and to keep buildings in good condition. It would also need money for a good education. In the article "Don't Ruin College by Making It Free," it states, "Though the initial idea of ‘free’ college is no doubt an appealing one, the truth of the matter is education still needs to be paid for." College should not be free because, among other things, they need to build new buildings. Another thing is that the school would be of lower quality and the students would put in less effort if it was free.
Reducing College Tuition College can either be a rude awakening for some students or it can be an opportunity for higher learning, but the goal is the same: to obtain a higher education and become successful. The purpose of college is to open people’s minds to new thoughts and ideas. Higher education offers knowledge and wisdom, but most of all, it offers experience, which is what people look for and desire when they think about attending college. Unfortunately, there is just one barrier keeping people from obtaining higher education, and that barrier is the price tag of college tuition.
Non-tuition free colleges show a massive increase of student debt. In the source, Tuition-Free College Will Help Decrease Crippling Student Debt, it states, "Student loan debt rose 317% between 1970 and 2021, and public college costs rose 180% between 1980 and 2019. " This means that students going to college are more than likely to owe huge amounts of money due to the costs of college. The loan debts not only provide distress to students, but thousands have a high chance of becoming unnerved with the amount of money they need to give back.
The value of college debt is almost equivalent to developing a small business instead “a co-founder of PayPal, will pay each of the 24 winners of his fellowship $100,00 not to attend college for two years, and to develop business ideas instead” (Source E). If more than 24 people did that for themselves, they could make a good investment instead of a risky one towards college. Wanting a higher education means that, “Students today, are taking more debt, and recently tightened bankruptcy laws make it more difficult to shake that debt” (Source E). Therefore, making a useful investment, instead of a risky one can help get rid of debt quicker and
For those who have graduated from high school and will continue with their higher education, many if not all of these students will have to pay out of pocket for college. Most of students think that if they graduate from college or a four-year university they will have a chance to work in the professional field rather than work for minimum wage. It is an opportunity for anyone, particularly those who have low wages, to earn a degree and make more money. In the article “Expanding Community College Access” from The New York Times, President Obama states that tuition for community college should be free, because the American workforce is not educated enough for the global and national workplace. The presiding evidence and statements from experts
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.
Although this plan is great for the economy, some might argue that there are certain repercussions that should be taken into consideration. For example, by making community college free, the program would cost $60 billion in the course of 10 years in a cost-sharing program with the states (Butler 1). Although this sounds like it’s a substantial amount of money, it is manageable. In regards to the benefits of the proposal, this is a small price to pay. In the long run it is better for the economy.
But, with tuition prices spiking in the last decade, college is not a choice for most students graduating high school. Not going to college is an opportunity missed within itself but colleges that vacuum all your life savings in one year also take away the opportunities of getting a great education, stable lifestyle, and job. Post-high school education is becoming harder and harder to reach and without the governments help there is really nothing we can do about it. School funds need to increase from the government so that the students of America can take the opportunity of going to a well-priced
So many successful adults till this day are paying back their college debts. Over the years, some are able to pay back their debts in college and others are not able to and are still struggling, due to having to pay other debts that they may have. In some cases, some people drop out of college just so they will not have to owe so much money, but to drop out for that reason is not good. There are several of ways to stay away from college debt and that is getting scholarships, saving money before going into college, and also attending a community college instead of jumping to a university. College debt is a large amount of money that a college student will have to pay back within a certain amount of years after graduating.
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.
College should be free because it can provide more opportunities for more people to
Have you ever owed someone $20? Well, imagine owing someone $100,000+ . Many students every year are left in crippling debt that can affect them for the next few decades of their life. Because of the cost of college, many students fresh out of high school can’t go to college. In order to make it easier for the lower-class to go to college, you should do at least one of the following things.
Society often believes college is a necessary experience for a better future, but I argue that the future will not be any better when student debt becomes a part of life for those who follow that mainstream belief. Most parents often dream of the great colleges and universities that their children will get accepted into; however, they fail to think of the cost to attend those institutions. Financial aids! Financial aids! Yes there are financial aids that students can apply to lessen the student debt.
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.