Debt is important to the United States In “The pedagogy of Debt” Jeffery Williams discusses the harsh realities college students face after graduation. He talks about how even after 15 years of being out of grad school he still is currently paying back his debts. Not only is he paying back his schooling debts, but also his daughters current tuition. Debt is something we all face if we decide to expand our knowledge after high school by attending college. After reading Williams essay I have came to the conclusion that college is all about money.
According to Storms, the core problem for graduating college students is debt. In the article, Storms explains how we are told that having a bachelor’s degree will double a person 's earning. Even though this may or may not be true, there is still the fear of paying back student loans after graduation. It is obvious that not every degree is guaranteed a job straight out of college in the field one chooses. Storms also gives the story of his family using the fear of debt as an excuse to not to go to college.
Free College Tuition: About 70 percent of students are in debt from taking out loans to try to pay for their college tuition. The average debt per college student is about $30,000. The first two years of college should be free. In the first two years of college, we are practically relearning everything that we have already learned in high school. It's completely ludicrous to make us pay for classes that we already know the material for.
However, college tuition is not very affordable and is increasing every year. A free college tuition is definitely necessary for students because some are paying for college themselves, the college workload is stressful enough, and scholarships, grants, and financial aid doesn’t cover all costs. College tuition should be free because it would create positive changes for people attending college, universities, and the economy. First, most students are paying for their own tuition themselves because either they want to be independent and do so, or because their parents have made that decision for them. According to Newberry, the average cost a year of undergraduate studies at a private university now tops $21,000.
Once you get out of college you may be on the search for a job while those who didn’t go to college might already have one, that’s great and all except if they happen to lose their job they don’t have a backup plan. In conclusion, many people believe that college is not worth it, I disagree. College education is worth the expense of tuition. After paying off student loans that is if you even have any you will from that point on start building up your money. Between the difference in yearly salary’s between college graduates and students with just a high school diploma.
In Rhode Island there being the location of Brown University along with many other well known schools there is a large margin of students who are not able to afford an education in a time where a college degree is key for success. For these students of whom do not fall under the circumstance where they qualify for financial aid they have to take out students loans that take years to pay off. In recent years the amount of student debt has been reaching an unimaginable amount as “Americans owe nearly $1.3 trillion in student loan debt, spread out among about 44 million...In fact, the average Class of 2016 graduate has $37,172 in student loan debt, up six percent from last year” (Federal Student loan statistics). With a six percent increase in
9 times out of 10 if a person goes away from home to go to college they are young inexperienced and are lacking employment opportunity skills. Most dropouts happen due to not having enough money to pay for classes so an individual has to either return home and attend local more affordable colleges or “take a break” as some may say to find a job to pay for school. As stated in the Washington post when choosing between a degree and going to work, paying rent, buying groceries or
The associates degree at a two year community college is becoming the newest way to combat rising college costs. Students are no longer seeing enrollment as a freshman in a four year college as the only path to a degree. The stigma attached to attending community college has declined while at the same time the attitude towards the cost of attending a four year school has been one of growing disdain. My dad has attended the Bethel Park High School graduation for the last twenty-five years and he said he has noticed an obvious increase in the number of students listing Community College of Allegheny County for their post high school plans in the graduation program. The cost per year at a community college makes it an attractive option to limit the aggregate cost of a four year degree.
Overtime colleges have continuously gotten more and more expensive. Being the youngest of four children it has been interesting to see the outcome of what college and the debt that build up tend to do to people. Students are creating huge amount of debt trying to get a degree so that they can have a job and life after college. But the real question people have to ask themselves is that is college worth it? To build up an amount of debt that has you working in your late fifties just to pay off the debt from college to get “started on your” life?
According to collegedata.com, an average college student has to pay $32,405 for a combined tuition and fee cost for a private college. On average, a college student makes $1,200 a month through part time jobs and help from a parent; that’s only $14,400 a year. Getting a scholarship of a couple hundred dollars, depending on your school, won’t always be enough to pay for college. Based on an Edward Jones survey, around 83% of americans have said that they can’t afford to go to college, and college prices are always going up. If college students can’t afford college, then why doesn't the government lower the cost or pay for the college?