Because community colleges are more conveniently located than an university, avoiding extra cost becomes easier by commuting. Junior colleges tend to be closer to home and students choose to commute more often. Gas cost is still a factor to consider but the travel cost will be much less than what one must pay every semester for room and board. Although universities still provide the option to commute, the decision to commute may not be realistic. Students tend to live farther away from senior colleges because there are less available.
Although debt is a bad thing, it is not unavoidable for everyone. People will fall into debt because not everyone has a solid financial backing. More than seventy-one percent of students graduating from a four year college are graduating with debt (A Look at...) . Setting a cap would cutthat percent far down so the students would have a chance to break even with the income they receive after college. Because there is no student loan debt cap, colleges take advantage of this or they set the cap very high so the students will keep having to pay the college for years.
In today’s worldwide economy, there is a high demand for the best-educated post-graduate students in our industry. Hundreds of thousands of intellectually savvy students cannot afford to go to college, and those that can leave school with a colossal debt that haunts them for years after. As stated by presidential candidate Sanders, “That shortsighted path to the future must end. I will fight to make sure that every American who studies hard in school can go to college regardless of how much money their parents make and without going deeply into debt. This isn’t a radical idea.” We see worldwide that this burden of debt has hindered society for too long.
Community College Today In the essay “Two Years Are Better Than Four,” Liz Addison, gives her viewpoint on higher education and why community college is important. She compares the learning experience at two-year community colleges to that of 4-year universities. Throughout her essay, Addison expresses her opinions on why community colleges are in many ways a better choice for many students. Addison begins her essay by referencing the opinions of Rick Perlstein and his idea that “College as America used to understand it is coming to an end,” by stating that “It mattered so much to him that he never got over his four years at the University of Privilege” (1). Additionally, Addison talks about how the college experience Perlstein describes is that of “his own nostalgia,” and isn’t indicative of the modern educational experience that students obtain today at the many community colleges (1).
When they go to start the path of finding a career, they find instead piles of debt from their education. So many student borrowers are falling further and further behind in their payments, postponing purchases of cars and places to live, or putting their social lives on a shelve. Jason Delisle, who wrote the New America paper, “blames skyrocketing graduate school debt on changes to federal loan programs that essentially allow grad students unlimited borrowing. The more students can borrow, the more schools can charge.” Americans almost universally believe that a college degree is the key to success and getting ahead—and the data shows that, generally speaking, college graduates still fare far better financially than those with just a high school diploma. But for those who are saddled
Debt forces students to postpone life in several key areas including buying a house, getting married and saving for retirement. On top of all this, college degrees are more common than ever; record numbers of Americans have a college degree and its impact on future earnings is not what it used to be. So, college students are paying more for a degree that will earn them less than the same degree did a generation ago. And we want to go into debt getting this degree? This is absurd.
In addition withunemployment expected to remain above 8% well into 2014 it will likely be many years beforeyoung college graduates-or any workers- see substantial wage growth as illustrated in charts twoand three. This can be attributed to the recession of 2008 (Kroeger) (Bennett 6) this recession hascaused student to not see the high return on the pricey investment of college education.Chart one(Shierholz) Avila 5Chart two (Kroger et al Figure A)Chart three ( Kroger et al Figure
After graduating high school, the majority of teenagers nowadays choose to continue their studies in college to attain a bachelor’s degree. There is no question that education is essential for our future careers. Unfortunately, I have noticed that not all students in my peer group are able to finish college. “Nearly one out every five students in America drop out of college by the first semester.” There are three main reasons for teenagers dropping out, them being: financial issues, academic struggles, and another simply being to start a career. Firstly, college as well all know is quite expensive and is continuously increasing in price.
“An important pathway to the middle class now runs through higher education, but rising costs are making it harder and harder for ordinary Americans to get the education they want and need” ( Sanders). Many student who’s families can not easily afford the cost of college often do not further their education after high school. Students that know that their family struggles with money already don’t want to ask for more so that they can go to college. As the cost of college has been on the rise many have talked about wanting to provide students with a free college education. Many bring up that the states grant their students with free public education till they complete the twelfth grade.
This shows that certain years to attend college may not be as expensive as earlier years, and depending on what year you go, how many years you go, and what college, it may help with your financial status. Hence, “Nearly every parent surveyed (94%) says they expect their child to attend college, but even as college enrollments have reached record levels, most young adults in this country still do not attend a four-year college. The main barrier is financial” (Pew Research Center 1 ). Of course students do not have to attend a four-year college, but can still attend a two-year college that can teach the students who need the help to be financially stable. Attending a college for a certain amount of years, such as 4 years, may help the students education in being financially
In Source C it states, “Among millennials ages 25 to 32, median annual earnings for full-time working college-degree holders are $17,500 greater than for those with high school diplomas only. That gap steadily widened for each successive generation in the latter half of the 20th century.”. This shows that people who went to college and got an education earn a lot more money than those who only have a high school diploma. When people are focused on their education and go to college they will be more successful, but focusing on college as a “country club” won’t get people successful. Continuously, in Source D it states, “High school graduates earn about 62% of what those with four-year degrees earn, according to a Pew Research Center study.