If we made college free for everyone we would be funding the rich. Families that have the money to pay for some or all of the cost of a college education might choose instead to take advantage of free college at a public institution. Amelia Josephson said, “In effect, the government and taxpayers would be subsidizing the rich. Critics of free college who point to this drawback often argue that a more targeted reform subsidizing college for the poor and the middle class would make more sense. They also point to the example of Brazil, a country with free college where wealthy students reap a lot of the benefits of tuition-free education at public universities.” We don’t need to be giving more money to the rich we need to be taking money from the rich to start helping out the poor more.
Too many banks offer loans and do not think how these students are going to pay back the money. Students can't pay back loans for many years. Then, as a domino effect, there is more debt. Middle class parents , are caught in a tight web because they can afford college on paper but in reality, have no money left for retirement and receive no financial aid. The cost of college has escalated out of control and the cost of college grows faster than the rate of inflation.
Daniel Indiviglio the author of “The importance of College: A Self- Fulfilling Prophecy.” did see the importance of it. The author reveals that there is a huge demand for college graduates, and those who finish college have higher wages. “Even though college is expensive, the lifetime earning potential it provides results in its being worth the cost.” Since getting a college degree takes time and money and there is people who cannot afford getting a higher degree of education. Nonetheless going to college out weights not attending college. “As long as employers insist that a degree is necessary, it will continue to be,” so does this mean those who do not have a degree are less educated than those who do have a
Starting in the 1990’s, the U.K. had tuition free of pay, but over time, student demand rose causing the government to include fees (Kelly). These fees have been raised to the maximum and there has even been a student-loan program created to help pay for the tuitions (Kelly). If this plan for college failed in the United Kingdom, then why would it work in America. There are so many cons to these college plans which hurt both the taxpayer and the student. What is best for America is to not put these plans in
Knowing that tuition has risen can help people make better decisions about whether to go to college or not. But still keep in mind that college is an expensive cost. Even though college can be expensive going to college can pay off. “With a median salary of over 100,000 a year (upwards of 130,000 or more), you could expect to pay back student loans within a reasonable length of time, especially if you live carefully. (http://www.educarelab.com/infographic-college-student-debt-and -highest-lowest-paid-college-majors/).
Every semester, there are an abundant number of students who apply for Pell Grant to assist them with the costs of college. Sometimes, students will not meet the financial criteria because their parent’s income is a bit too high or because of other financial factors that they will not qualify. Thus, it puts a student in a situation where they will take out student loans, that they’ll be paying for many years. Clearly, the result of being someone who has not committed a crime and works to pay for their own education, is the one that pays the ultimate price. Yet, congress wants to financially grant prison inmates a free education, while exemplary citizens are denied.
Is college still worth all of the time, money, and effort put into it. Today it is becoming increasingly harder to graduate college without student debt. A staggering number of nearly seventy percent of students that have a bachelor’s degree leave school with debt. Which can have major consequences for the U.S. economy. This debt may be preventing Americans from making bigger purchases that drive economic growth (Berman).
It is unbelievable on how high the college tuition has increased, the rates in percentages have gone up fairly quickly, it is also unbelievable on how the increase in college tuition can impact high school students career by just simply saying that the are not going to college because it is way to expensive for their budget. No matter what college tuition is going to continue to raise if the Federal Government and Congressional leaders do not take more action into helping out students and families who need help with paying off college tuition and college debts and cost. Although the government does help families that are in need of financial aid to send their kids to college, there are many solutions into helping the college tuition decrease or at least expensive like having the Federal Government and Congressional Leaders have action and impact the decrease in the tuition, Students can also get scholarships and lastly there are many different groups that can help out with paying off college tuitions. The college tuition has raised drastically from the years of 1974 to 2015 the tuition has gone up by 1%, it is just 1% but one percent is a very large number when it comes to paying off college tuition
Many choose to get into a college a easier way by getting a scholarship to pay less. There are many ways to get a scholarship like a sports scholarship, or a scholarship for being good in academics. Some get loans, but then later have to pay them back, which is more harder for people. In the article "What Makes College a Good Value?" by Jeremy Alder the author states,"Part of the quandary for many is that according to statistics, higher education leads to far greater earning opportunities" ( Alder, 1).
Everyone has heard that going to college is the best thing that someone can do for themselves. While many people do make jokes about how college can be overwhelming and cause people to become emotionally and physically ill, going to college has its benefits. Yet despite the benefits that college offers the question of whether or not college is worth it and or actually necessary has always been in the back of the mind. With the rise of college dropout entrepreneurs becoming billionaires like Bill Gates, Steve Jobs, or ordinary people becoming stars and viral sensations over night, is making people question whether they should drop out or even attend college. In youth one has always been told that they must attend college in order to escape poverty