A college level education has many perks. “Education is essential for personal and national well-being. We live in a highly competitive, global economy, and if our economy is to be strong, we need the best-educated workforce in the world. We won’t achieve that if, every year, hundreds of thousands of bright young people cannot afford to go to college while millions more leave school deeply in debt” ( Sanders). If every young person is
Somewhere along the way Americans began supporting the idea that all students should go to College. Students get the idea by the time they are in middle school that they need College to be successful. There are so many loopholes around college as well as evidence showing that having a degree doesn’t mean person A makes more money than person B. College isn’t for everybody, and people can go get their 3 year degree only to find out that the whole experience wasn’t worth anything to them and now they have all their student debt to deal with. College, unfortunately, is very expensive; However, in America we have many options for students to pay for their education, almost all ways of paying tuition put students in debt.
A college’s main sours of revenue in tuition money which as previously stated, is four hundred percent more expensive than twenty years ago. People who are seeking the traditional path into the work force are forced to pay these crazy high prices and are enticed by a pretty residential life and the thought of new found independents. The reality of student debt have not set in yet. Student debt is at an all-time high with an average of 29,000 dollars per student. Because of the tradition of going to school and the amazing residential lives, it can be easy to recognize the severity of the situation you are putting yourself in.
According to the experience of my parents and older relatives, they had a clear distinction between the word public and private universities. They always studied in the public universities since these universities were affordable and they were supposed to be funded by the government. If we compare the concept of public and private universities of both the era we can find a huge difference between these two concepts now. Now a days public universities are charging same as the private universities. Education is not even affordable by most of the citizens of America since their yearly income is nearly equal to a semester fee of a university.
College sports are called amateurs, but the schools and the NCAA make millions of dollars a year off the performance of its players. Athletic coaches are allowed to make millions of dollars off the success of their programs. Some coaches make more money than their state representatives all the will their players are only guaranteed a scholarship they can revoked at any time for a various of reason’s. Business across the nation would like to be doing what the NCAA and universities are doing with their student athletes. Nowhere else in America are you going to find that a multi-million-dollar business that gets revenue off its employees that have signed contracts but not pay them.
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.
In America, college costs have been growing at a rate faster than inflation for over a decade. The resulting student loan debt, most of which belongs to young people aged 22-40, is causing a lot of trouble for the whole economy. The average college student is graduating with $32,000 in student loan debt . Not only do they have to pay this back with interest, it affects them in other areas of their lives. Debt forces students to postpone life in several key areas including buying a house, getting married and saving for retirement.
It may cost a lot, but in the end of whatever you choose to do. It can pay off tremendously. The risks and benefits to going to college. “The cost for a four year college education has increased much faster than the rate of inflation over the past few decades “. The cost of college has gone up dramatically.
An even larger majority -- 75% -- says college is too expensive for most Americans to afford. Similarly, a record of share of students are leaving college with a substantial debt burden, and among those who do, about half (48%) say that paying off that debt made it harder to pay other bills; a quarter say it has made it harder to buy a home (25%); and about a quarter say it has had an impact on their career choices (24%) -- (pewsocialtrends). This just simply shows that it is better that there are no more tuition in college in which will help lessen the percentage of people who suffers difficulty in paying debt. Although we know how great number of people contradicts in giving a free education for college students, it is one of the needs of students and will also be an ease for their parents. Along with this, President Obama made a proposal which offers two free years of community college where this proposal of the President had received lots of different positive and negative opinions, comments, and feedbacks from it.
Bernie Sanders, a U.S. state senator and American politician once said, “We are moving in exactly the wrong direction in higher education. Forty years ago, tuition in some of the great American public universities and colleges was virtually free. Today, the cost is unaffordable for many working class families. Higher education must be a right for all-not just wealthy families. Public colleges and universities tuition-free?
In America there is a very real financial divide among the people. Financial stability starts with education, although a large portion of the American population cannot afford it. Depending on your parents economic standing you may or may not be able to afford college, among other things. College opens the door for many opportunities, including having the capacity to provide for your family. Various authors today are still writing about the ongoing issue of poverty and the ways to climb out of it.
With educational institutes raising tuition fees year by year, more people begin to question the legitimacy in letting students shoulder the majority of the costs, a practice prevalent in most countries across the world. Indeed, students themselves are the biggest beneficiary of higher education --- statistics have proven that people with a college diploma earn almost twice as much as a high school graduate, which well justifies the high price to pay. To many, this is no different from paying for being served in a fancy restaurant, or more closely, receiving training at a private school. Every service has a price tag, so does higher education. Faculty payrolls, teaching buildings and equipment, books in the libraries all cost money.
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.