A Lot of people say colleges are too expensive to attend especially people with low incomes i disagree. i do think they should be lower though. like for instance it 's going to cost me 60 thousand dollars to attend four years of college wich in my head isn 't that bad, but for others it might be too much. there are some geniuses in the world that can 't attend college so yes the cost should be lower . if state colleges were free,taxes would skyrocket and where would the colleges get the money to upgrade their facilities, or the money to pay their taxes now like i said before they should be lower.
If college were to be free the immediate problems would be the collapse of the entire college business industry and the fact all of the sudden taxes rise by a lot, but eventually as more and more people start to graduate from college and get jobs the economy would build and as many studies show that more educated people tend to make better decisions in life which will make us grow as a nation. A very successful nation in today 's society Germany has free college, it is also one of the key parts of the Bernie Sanders run. A free college would also lead to everyone having a chance to build a successful future for themselves other than those who can afford 20000$. Also currently what this college system fails to recognize that not every is degree is not capable of making back that tuition fee, so in short its only worth it to get a music,philosophy or arts degree if you have rich parents.If you don 't but like any of those topics, then it sucks to be you. And moreover, there are so much better stuff you could do with 20000$ like You could buy a Mini Cooper or You can invest it for 30 years and turn it into $265,353 at a 9% rate of return or You could buy 40,000 donuts which is enough to last you 109 years (without inflation and the cost of your heart surgery) so many people tend not to go to college.
A college degree has become an essential to any possibility of getting into most jobs. Unfortunately, tuition fees are rising significantly and this is creating a barrier for the less fortunate students to pursue their dream jobs. All governments need to do what it takes to reduce the cost of university tuition as
College fees is the reason that a poor-intelligent student will have a desperate future. While having a college degree is better than a normal school diploma, it is more likely to find high school graduates students away from college education and all what they have dreamed off when they used to be in school. It is not fair that a poor-smart student with a high school grades not attending college because of its high fees; in fact college could become as a dream to him. According to Levine and Niddiffer, the significant decline of poor students in college enrollment will result in a high odds such as very law chances of getting a job and more likely to
As the price tag on college is shooting up and the amount of federal funds are minuscule in comparison, students are relying on private loans to cover their education (McGuire). Increasing federal funds would drive the need for private student loans down substantially, eliminating one of the biggest problems in the student loan crisis. A lack of private loans would mean a lack of sky-high interest rates that cause many borrowers to default on their payments. Student loans aren’t tightly regulated in terms of protections around interest rates and default which allows lenders to “[treat student loans] more like credit cards, with variable interest rates as high as 18% and terms set by the lenders” (McGuire). These unbelievably high-interest rates are what cause a big problem when repaying student loans.
According to the New York Times, “about two-thirds of bachelor’s degree recipients borrow money to attend college, either from the government or private lenders, according to a Department of Education survey of 2007-8 graduates.” On average since 1980, college tuition prices rise 7% a year. In comparison, the inflation rate is just 3.2%. But we have to remember that as long as the demand for higher education continues to rise, the price will also rise. In order to pay for the absurd prices of higher education, students should not have to end up turning to loans. The phrase “education being worth it no matter the cost” has been drilled into students as well as their families.
“College is supposed to help people achieve their dream, but more and more people paying for college actually push those dreams further and further out of reach. That is a betrayal of everything college is supposed to represent” (CNN Wire Service 1). These are the wise words of America’s leading Democrat running for presidency, Hilary Clinton. A college education is an essential thing to have to become a successful individual. An exceptional job is only obtained through a college education, but what happens to the brilliant people who cannot afford it?
The total student debt currently resides at $1.4 trillion, with the average amount borrowed by an individual hovering around $35,000. “Student debt obligations can be a major obstacle to gaining financial independence, creating wealth, and reaching lifetime goals and dreams.” (Rose, 79). Students of middle and lower class are mostly the ones receiving student loans. These loans have the potential to severely cripple their finances in the future and hold them back from increasing their economic standing. Rich families are able to pay their child’s college fees without loans, giving them a head start on financial growth when they graduate.
In a graph made by the Bureau of Labor statistics it states the unemployment rate for people depending on how far they went with education. It states,” High school diploma 7.5%, Bachelor’s degree 4.0%, and Doctoral degree, 2.2%.” College graduates are less likely to not have a job, which means that they will have a sustainable income that allows them to be able to provide for their families. In addition, college graduates get paid more. In the article, “ Actually, College is Very Much Worth it” it states, “Bureau of Labor Statistics, in 2010 the median weekly earnings for someone with some college but no degree were $712 compared to $1030 for a college graduate. That’s almost $17,000 over the course of a year.” There is nothing wrong with getting paid more money, if anything it makes life easier because you won’t have to worry as much when you have to pay your bills.
Going to college is stressful enough without the need to worry about tuition and how you’re going to pay for it. This makes it harder for students going to college to graduate and brings a lot of stress to their lives. According to Lockman and Servaty-Seib, suicide is estimated to occur at a rate of between 4.25 and 6.5 per 100,000 students, and this is the second cause of death for college youth (154). When the workload in college is overflowing and we are expected to put hours into studying for each course we take, students get stressed. I personally have felt this way in college with the last semester I took.
Every hardworking student should be able to go college despite of how wealthy they are. According to the College Board, the average cost of tuition and fees was $32, 405 at private colleges, 9, 410 for state residents at public colleges, and $23, 893 for out-of-state resident attending public universities. Colleges are out of reach for many
Student loans is the second highest source of debt of $2.1 trillion dollars in the U.S. economy right now. This student loan debt is not only affecting the entire economy as a whole. In America, people believe that earning at Bachelor’s degree is the key to success in order to be financially secure be set in life. However at the same time, the cost of tuition has skyrocketed, and the borrowing of loans rise with it. The rising of student loan and debt will reduce consumption, lower investing, lower the rate of home ownership, and overall make it difficult to sustain financial stability.
Around May, many high school students are forced to wonder the same thing: is college really worth the cost of tuition? To many, it appears to not be worth the cost, however, I disagree. In most cases, spare for a few rare exceptions, a college degree is almost entirely worth the costly tuition fees. Unemployment rates are far higher for those who did not go to college than those who did, and the salaries are higher for those who have. It is also far easier for those who get a college degree to find a job.
Position statement: For college Should I or should I not, that is the decision we all encounter when we finally reach high school. Now, there are many factors that will affect a person’s life. The most important of these factors is whether or not one has a college degree. Through out this essay I will discuss why I believe that it would be advantageous for students to continue their education in college. I believe this because the unemployment rate (proven by FRED) among high school graduates is incredibly much higher than people that have graduated from college.
Most people want to further their education after high school and get the most knowledge they can receive, however college tuition in America is super expensive and is drastically rising. Nearly 40 million Americans have student loans and the total amount of student loan debt in the United States adds up to $1.2 trillion (Berman). The fact of the matter is that since a college education is out of the financial reach for many bright students and their families many young people have been turned down from reaching their full potential because of tuition costs. This is one of many reasons why a college education should be free for all students who complete high school. I will be talking about how more students gaining a college education can help society and the country, why a college degree is more important in todays age than ever, and why the large amount of student debt that is owed is